Landmark community agreement to secure Mongolian mine's future
Over the past year, Minter Ellison in Mongolia has been advising Rio Tinto, and its subsidiary Oyu Tolgoi LLC, on a landmark cooperation agreement with nomadic and local communities in the South Gobi province where its world-class Oyu Tolgoi copper mine is situated.
The agreement creates a framework regulating how the parties will work together towards sustainable development in important areas such as water, environment, pastureland management, cultural heritage, tourism, local business development and procurement.