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Rio Tinto suspends the USD 5.3 billion Oyu Tolgoi expansion

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In response to a possible tax increase, dispute over costs, and increasing political will to renegotiate the Investment Agreement, Rio Tinto halts Oyu Tolgoi operations and lays off 1,700 jobs. [1]


[1] https://www.bloomberg.com/news/articles/2013-01-30/rio-said-to-consider-halt-at-biggest-mongolia-copper-mine retrieved 7 September 2018