Odey AM urges Rio Tinto to act 'immediately' following Turquoise Hill governance failure
CEO exit gives Rio an 'opportunity to act'
The Oyu Tolgoi mine in Mongolia
Odey Asset Management has demanded that mining giant Rio Tinto, which it holds shares in and is chief financial officer for, addresses governance issues surrounding its majority subsidiary Turquoise Hill, and its 66% stake in Mongolian polymetallic mine Oyu Tolgoi.
In an open letter released today (25 November), Odey AM - which has a long position in Rio Tinto and a short position in Turquoise Hill - accused Rio of holding the "people of Mongolia… accountable for...
More on ESG
Back to Top
