Oyu Tolgoi Investment Agreement: No Renegotiation

Turquoise Hill Resources just stated in a press release that they are not interested in renegotiating the Investment Agreement, in answer to a letter from a request by the Mongolian government.

I have no idea what exactly has been going on behind the scenes. But as I remarked earlier, if the Mongolians want a larger share, they would need to be prepared to pay something for the difference.

Published by kflenz

Professor at Aoyama Gakuin University, Tokyo. Author of Lenz Blog (since 2003, lenzblog.com).

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