Post by
rolandcolin on Aug 30, 2024 10:28pm
Rio Tinto Oyu Tolgoi Copper Mine
https://www.youtube.com/watch?v=7D9yt0TwhFY
If the video is true, RIO Mongolia investment is now a big headache. Banning copper sales to China is a questionable move following US advise. Country is encircled by Russia and China, and its relationship with both countries are less than perfect. Mineral transportation will be a major issue. By air? Mongolia is high country risk compare to Yukon Canada. GLTA
Comment by
EvenSteven27 on Aug 30, 2024 11:39pm
Hey, Roland, I suggest googling: S.3368 - Mongolia Third Neighbor Trade Act 118th Congress (2023-2024) | Mostly deals with garmet industry and cashmere, but it impacts mining, too. It's politics.