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Turquoise Hill rights issue 'mind boggling', says minority shareholder

Rio said it did not support any additional debt or other sources of funding.

Tom Hoskyns
Rio Tinto's Oyu Tolgoi asset is a combined openpit and underground copper mining project approximately 235 kilometres east of Mongolia's Ömnögovi Province capital Dalanzadgad

Rio Tinto's Oyu Tolgoi asset is a combined openpit and underground copper mining project approximately 235 kilometres east of Mongolia's Ömnögovi Province capital Dalanzadgad

Shares in TRQ slumped by 22% on Thursday morning after Rio said a TRQ rights issue would be needed to close the funding gap for its expansion of the Oyu Tolgoi copper mine in Mongolia. Rio and TRQ signed...

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