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| Name | Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Plc | NYSE:RIO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.75 | 1.09% | 69.69 | 69.79 | 69.17 | 69.48 | 645,602 | 17:01:40 |
From May 2019 to May 2024
By Rory Gallivan
LONDON-- Rio Tinto PLC (RIO.LN) Friday announced a next stage of development at the Oyu Tolgoi copper and gold mine in Mongolia, paving the way for production to start in 2020.
The London-listed mining giant and its partners, the Mongolian government and Turquoise Hill Resources Ltd (TRQ), have approved the next stage of development on the mine, which will start in mid-2016, Rio said.
The development involves $5.3 billion of investment by the partners, Rio Tinto said.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter: @RoryGallivan
(END) Dow Jones Newswires
May 06, 2016 03:08 ET (07:08 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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