Rio Tinto Warns of Slowdown at Mongolia Mine Due to Virus
16 March 2020 - 7:10PM
Dow Jones News
By Jaime Llinares Taboada
Rio Tinto PLC warned Monday that underground work at its Oyu
Tolgoi project in Mongolia has slowed as a result of goods and
people-movement restrictions related to the coronavirus outbreak in
the country.
The world's second-biggest miner said the full effect on the
underground project is unknown but it expects to provide definitive
estimates in the second half of 2020.
The open pit of Oyu Tolgoi continues to operate and deliver
shipments of copper concentrate, Rio Tinto added.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
March 16, 2020 03:55 ET (07:55 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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