Oyu Tolgoi Management Fees Halved as Mongolia Eyes Loan Restructuring
- Amar Adiya
- 20 minutes ago
- 3 min read
Mongolia and Rio Tinto agreed in May 2026 to cut Oyu Tolgoi management fees by half and eliminate duplicate charges. The deal is expected to reduce project costs by $2.2 billion and increase Mongolia's take by $1.5 billion over the life of the mine.
Prime Minister Nyam-Osor called it the first result. The management fee dispute was the easiest issue on the table.
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