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Mongolia sees no change in Oyu Tolgoi copper stake

Mongolia said it has no plans to change the size of its stake in the massive Oyu Tolgoi copper mine, although it is seeking to boost exploration as it works to bolster its finances following an IMF-led loan deal.

Oyu Tolgoi is jointly owned by the government of Mongolia (34%) and Turquoise Hill Resources (66%), which in turn is 51%-owned by mine operator Rio Tinto.