Rio project stalls

Oyu Tolgoi is a major Rio Tinto project in Mongolia. According to the article, the Mongolian government currently holds a 34% stake in the project.

The article says the expansion has stalled because of tensions between the Mongolian government and Rio Tinto, which have slowed progress on the project.

The Mongolian government is reportedly studying whether to sell its 34% stake as shares, but the article does not report any final decision or confirmed sale.

The article suggests that plans to float the government's 34% stake could add to uncertainty over project funding, potentially complicating funding arrangements or investor confidence.

Based on the article, the Oyu Tolgoi issues could create more turbulence for Rio Tinto — meaning investors might see increased uncertainty or volatility tied to the project's progress and funding.

Investors should watch for announcements about whether the Mongolian government decides to sell its 34% stake, any resolution of tensions between the government and Rio Tinto, and updates on project funding and the stalled expansion.

The article notes the government is studying a share sale; such a flotation could change who holds the government's stake and introduce uncertainty around ownership and funding, though no specifics are provided.

No timeline or firm outcome is mentioned in the article. It only reports that the Mongolian government is reportedly studying whether to sell its stake, with no confirmed schedule.