Shareholders of the massive Oyu Tolgoi deposit met for talks over disputes between parties in London. The three board members of Oyu Tolgoi LLC representing the Mongolian Government, holder of 34 percent of the project, and the project developer Rio Tinto, holder of 66 percent stake in the mine, had challenging talks between 23rd and 27th September with little progress. The talks were delayed to continue the negotiation in Ulaanbaatar in October.

Today parties will sit behind the negotiation table for the disputes over the massive mine in Mongolian gobi, Oyu Tolgoi.

The three board members representing the Mongolian Government in the talks for the dispute over Oyu Tolgoi held a press conference saying progress has been made in the negotiation after their arrival in Ulaanbaatar. According to the announcement by the three board members, the parties agreed on 15 issues out of the 22 points of dispute over Oyu Tolgoi between the Mongolian Government and Rio Tinto. But parties still need to solve the remaining issues. There are now three working forces appointed to work on a study of the various disputes regarding the Oyu Tolgoi project.