Rio Tinto Cuts Fees and Loan Interest at $18bn Oyu Tolgoi Mine After Mongolian Pressure and Protests

Rio Tinto has cut management fees by half and reduced loan interest by 2.5 percentage points at the $18 billion Oyu Tolgoi copper mine after Mongolian pressure and protests, though analysts warn the deal may not hold given the country's volatile politics ahead of next year's elections.