Despite Rio Tinto (ASX: RIO) originally saying the class action lawsuit brought against them over their Mongolian copper-gold project had no merit, the mining giant has agreed to settle the suit acknowledging that they hadn’t disclosed massive costs and delays for the project Rio Tinto operates the Oyu Tolgoi mine in Mongolia via its Canadian
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While investor interest in ‘battery metals’ has focused on lithium and graphite, copper has been the quiet achiever in terms of its role in the renewable energy revolution. But with the copper price testing record highs set a decade ago, the credentials of the red metal are getting louder by the day. For veteran US
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