Power Deal Struck for Turquoise Hill Resources’s Oyu Tolgoi Mine

The Financial Post reported that Turquoise Hill Resources has received a power supply deal for its Oyu Tolgoi mine in the Gobi Desert, after months of negotiations.

As quoted in the market report:

Turquoise Hill will now begin a seven-week commissioning of the process plant. First production is expected about one month later, followed by commercial production three to five months after that.

To view the whole Financial Post report, click here.