March 16, 2020 / 7:02 AM / 14 days ago

BRIEF-Rio Tinto Provides Update On Oyu Tolgoi Project

March 16 (Reuters) - Rio Tinto Ltd:

* RIO TINTO LTD- PROVIDES UPDATE ON OYU TOLGOI PROJECT

* RIO TINTO - DESPITE IMPACT OF COVID-19, OPEN PIT OF OYU TOLGOI MINE CONTINUES TO OPERATE AND DELIVER SHIPMENTS OF COPPER CONCENTRATE TO ITS CUSTOMERS

* RIO TINTO LTD- WORK ON UNDERGROUND PROJECT CONTINUES, HOWEVER, PROGRESS IS BEING SLOWED AS A RESULT OF THESE MEASURES

* RIO TINTO LTD - WORKING WITH MONGOLIA TO ENSURE OYU TOLGOI IS OPERATING IN ACCORDANCE WITH RESTRICTIONS AUTHORITIES HAVE PUT IN PLACE CONTAIN COVID-19

* RIO TINTO LTD - FULL IMPACT OF SLOWDOWN ON UNDERGROUND PROJECT IS UNKNOWN AT THIS TIME

* RIO TINTO LTD - MINE DESIGN FOR UNDERGROUND PROJECT CURRENTLY REMAINS ON TRACK TO BE COMPLETED IN FIRST HALF OF THIS YEAR Source text: [here ] Further company coverage:

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