In 2013, Rio Tinto was anticipated to start commercial shipments from Oyu Tolgoi, a copper and gold mine in the Gobi Desert of Mongolia. Oyu Tolgoi was one of the last great unmined deposits in the world, and, once operation were in full swing, was probable to stand for around a tenth of the profits of Rio Tinto and over a quarter of Mongolia's GDP.
However elections in Mongolian and also a change in voter opinion to the job were threatening the terms of the deal. With around $6 billion Rio Tinto had to learn how to get its investment work outside.
Meanwhile the Mongolian authorities, facing scorching economic growth rates, had to direct the country through its most significant transformation since the time of Ghengis Khan nine centuries earlier.
Rio Tinto and Mining in Mongolia The Oyu Tolgoi Deposit case study solution
PUBLICATION DATE: November 21, 2013 PRODUCT #: 714018-PDF-ENG
This is just an excerpt. This case is about GLOBAL BUSINESS
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