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Rio Tinto Ltd Signs Power Deal For Oyu Tolgoi-Reuters

Monday, 5 Nov 2012 02:28pm EST 

Reuters reported that Rio Tinto Ltd it had signed a power supply deal with a Chinese company for its huge Oyu Tolgoi project, putting it on course to start production in the first half of next year. Rio said that the binding agreement with the Chinese company meant that the commissioning of ore-processing equipment could start in the next few weeks.