Ex-Rio Tinto manager says he warned of Oyu Tolgoi blowouts
A former worker on Rio Tinto's Oyu Tolgoi copper project has claimed in a United Kingdom court that he warned senior Rio officials about cost and schedule blowouts months before the company disclosed the issues to investors.
The worker was a general manager on the Oyu Tolgoi expansion in Mongolia, which Rio announced in July would cost between $US1.2 billion and $US1.9 billion more than previously expected, and be delivered between 16 and 30 months later than scheduled.
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