Jan 22, 2025 (The Australian Financial Review - ABIX via COMTEX) --
Sources have indicated that Rio Tinto approached the Mongolian government in late 2024 with a proposal to settle a tax dispute. Rio Tinto is said to have offered to pay $US295m ($472m) to resolve the dispute, which centres on tax claims relating to the Oyu Tolgoi copper project between 2013 and 2020. The proposed settlement has coincided with Rio Tinto's upcoming mediation talks with participants in several class actions regarding the resources giant's alleged failure to disclose cost blowouts at the project in a timely manner..
Publication Date: 23 January 2025
RIO TINTO LIMITED - ASX RIO
OYU TOLGOI LLC
COMTEX_462099671/2229/2025-01-22T17:53:59
By Jessica Sier
Copyright 2025 Roy Morgan Research. All Rights Reserved.
