Rio project stalls

Rio Tinto's Oyu Tolgoi project in Mongolia could face more turbulence, with the Mongolian government reportedly studying whether to sell its stake as shares. An expansion of the project has stalled because of tensions between the government and Rio Tinto, and plans to float the government's 34 per cent stake could add to uncertainty over project funding.

Rio Tinto's Oyu Tolgoi project in Mongolia could face more turbulence, with the Mongolian government reportedly studying whether to sell its stake as shares. An expansion of the project has stalled because of tensions between the government and Rio Tinto, and plans to float the government's 34 per cent stake could add to uncertainty over project funding.