A power source framework agreement (PSFA) has been signed with the government of Mongolia over the Oyu Tolgoi copper/gold mine, outlining a path to secure reliable, long-term power for the operation.
“We will now work together with all of Oyu Tolgoi’s partners to finalise the details and develop the power project which will help ensure the operation reaches its full potential to the benefit of all shareholders,” Rio Tinto Copper & Diamonds CEO Arnaud Soirat said this week.