logo
Plus   Neg
Share
Email

Rio Tinto Updates On Oyu Tolgoi Project Amid COVID-19

Anglo-Australian mining giant Rio Tinto Plc (RTNTF,RIO,RIO.L, RTPPF), in its update on Oyu Tolgoi Project, said Monday it is working along with the Mongolian Government to ensure that the project is operating in accordance with the restrictions the Government authorities have put in place to contain the spread of COVID-19.

The Group also said the first priority would be the health and safety of all of its employees, contractors and the wider community and also to contain the spread of the disease.

The Group noted that the work on the underground project continues with restricted access and with the presence of specialist service providers at the site.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Avalon Furniture is recalling about 9,500 units of Cottage Town Bedroom Furniture collection sold through Rooms To Go due to violation of federal lead paint ban, the U.S. Consumer Product Safety Commission said in a statement. According to the agency, the base coat paint used on pieces within the furniture collection contains levels of lead that exceed the federal lead paint standard. Sanofi and Regeneron Pharmaceuticals, Inc. announced that the U.S. Phase 3 trial of arthritis drug Kevzara (sarilumab) 400 mg in COVID-19 patients requiring mechanical ventilation did not meet its primary and key secondary endpoints. In the trial, Kevzara was added to best supportive care compared to best supportive care alone (placebo). The companies have stopped the U.S. trial. Shares of Moderna Inc. (MRNA) slipped over 5% on Thursday after a report claimed that the biotechnology company's late-stage trial for a coronavirus vaccine will be delayed. Moderna is developing mRNA-1273 in collaboration with the National Institute of Allergy and Infectious Diseases (NIAID). The...
Follow RTT