Latest Breaking News On - Underground project - Page 7 : vimarsana.com

Date Time Rio Tinto reaches agreement with Turquoise Hill Resources on financing plan for Oyu Tolgoi Rio Tinto has entered into a binding Heads of Agreement (HoA) with Turquoise Hill Resources (TRQ) for an updated funding plan (the “Funding Plan”) for the completion of the Oyu Tolgoi (OT) Underground Project in Mongolia. The Funding Plan addresses the estimated remaining known funding requirement of approximately $2.3 billion 1, building on and replacing the arrangements established in the Memorandum of Understanding that Rio Tinto and TRQ previously entered into on 9 September, 2020. Under the HoA, subject to securing approval by OT LLC and any required support from the Government of Mongolia, and subject to timing, availability, and terms and conditions being acceptable to both parties, Rio Tinto and TRQ will:

Steve thibeaultOyu tolgoiRio tintoRio tinto group company secretaryTurquoise hill resourcesUnderground projectFunding planCo lending facilityTinto copper chief executive bold baatarOyu tolgoi underground projectInterim chief executive officerTinto canadianGroup companyஸ்டீவ் திபேஒுல்தரியோ டின்டோரியோ டின்டோ குழு நிறுவனம் செயலாளர்