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Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

Green Car Congress

Rio Tinto, Turquoise Hill Resources (TRQ) and the Government of Mongolia have reached an agreement that will move the Oyu Tolgoi (OT) copper mine project ( earlier post ) forward, resetting the relationship between the partners and increasing the value the project delivers for Mongolia.

Mongolia 150
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Rio Tinto and First Quantum Minerals partner to progress the La Granja copper project in Peru

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Porphyry copper deposits account for approximately 60% of global copper production, and are typically mined using open-pit methods. USGS map of global mineral resources. billion tonnes at 0.51% copper (130 Mt at 0.85% Cu Indicated Mineral Resources and 4,190 Mt at 0.50% Cu Inferred Mineral Resources).

Peru 273
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Elon Musk discusses potential Tesla investment with Magnolia’s PM

Teslarati

Global think tank ODI held a roundtable earlier this year that discussed Magnolia’s New Recovery Policy and where the country currently stands in the economic supply chain. According to ODI research Mongolia’s economic growth over the last decade grew remarkably at an average of 8%. Tesla proposes $3.8

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Hexa Research forecasts $10.96B global rare earth elements market by 2020

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will drive global market growth, resulting in a global rare earth elements market reaching $10.96 China, with more than 93% of the global production, was the largest producer of neodymium in 2012. Molycorp and Inner Mongolia Baotou Steel Rare Earth Hi-Tech Co. billion in 2020. from 2014 to 2020.

2020 150
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Clean Global Energy in JV for $400M Underground Coal Gasification Project in China

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Australia-based Clean Global Energy Limited (CGE) secured a Joint Venture Agreement with Beijing Yusenjiayu Environmental Protection Technology Co. Ltd of Beijing, China (YSJY ), Inner Mongolia Gu Xin Mining Co. Underground coal gasification. Click to enlarge.

Coal 186
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NOAA: Global Temps Push Last Month to Hottest March on Record

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The world’s combined global land and ocean surface temperature made March 2010 the warmest March on record, according to the National Oceanic and Atmospheric Administration (NOAA). Taken separately, average ocean temperatures were the warmest for any March and the global land surface was the fourth warmest for any March on record.

Global 186
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SLOCAT preliminary analysis of impact of COVID-19 on regional mobility

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Although the knowledge tools, data analyses, policy advocacy and multi-stakeholder gatherings proposed by SLOCAT are universal, its geographical footprint is targeted at the Global South. Mobility to public transport stations has reached pre-COVID-19 levels in Mongolia and Korea.

Vietnam 259