Back in December, our colleague Peter Kerreported that Rio Tinto had been ambushed by its own representatives on the board of Oyu Tolgoi LLC, the holding company that directly owns the world’s largest copper and gold mine in Mongolia.
The board – which also includes representatives of the Mongolian government – established an independent review into the delays and cost overruns besetting the mine’s expansion.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news