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November 17, 2016
Akhmetzhan Abdullayev

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News

  • Oyu Tolgoi mine design confirms project schedule...

    MELBOURNE, Australia--(BUSINESS WIRE)--Oyu Tolgoi LLC has completed an updated feasibility study (OTFS20) and is in the process of submitting this to the Government of Mongolia. The OTFS20 has been prepared in accordance with Mongolian regulations and standards which require mining companies to submit updated feasibility studies every five years. The updated study incorporates a new mine design […]

  • MOGAS Industries, Inc. Acquires Watson Valve...

    HOUSTON--(BUSINESS WIRE)--MOGAS Industries, Inc. recently completed the acquisition of assets of Watson Valve, a Houston-based turn-key manufacturer of severe service valves, to include repairs and coating services. Watson has a global install base of over 3,400 valves, primarily in the mining industry, but also encompassing the oil & gas and chemical industries.This strategic purchase […]

  • Agreement reached on a preferred long-term power...

    MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto, Turquoise Hill and the Government of Mongolia have reached an agreement on the preferred domestic power solution for Oyu Tolgoi that paves the way for the Government to fund and construct a State Owned Power Plant at Tavan Tolgoi.The agreement, which is a revision of the Power Source Framework Agreement (PSFA) signed in 2018, states that the […]

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