New Oyu Tolgoi feasibility study to be submitted
During negotiations on the second stage of investment and development of the Oyu Tolgoi mine, the Government of Mongolia has insisted on the submission of a new feasibility study to be reviewed for approval.
Oyu Tolgoi says that it will submit a new feasibility study to the Mongolian Mineral Resources Policy Council this week.
Last week, the board of directors of the company met and made the decision to comply with the request. The feasibility study will be discussed by the Mineral Resources Policy Council and registered. Last year, the council appointed an expert team to review materials submitted.