--Rio Tinto PLC is looking for a compromise with the government of Mongolia to speed up developement of the Oyu Tolgoi copper mine, reports the Financial Times, citing a letter sent to the Mongolian government.

--Rio Tinto is offering to reduce the interest rates on loans made to fund construction costs in exchange for a deal on regulatory and budget issues, as well as a long-term power agreement, according to the FT.

Full story: https://on.ft.com/3gKRyTA

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(END) Dow Jones Newswires

08-30-21 0938ET