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RIO - Turquoise Hill plunges to all-time lows on Oyu Tolgoi troubles
Rio Tinto Plc
Shares of Turquoise Hill Resources (TRQ-42%) sink to historic depths on news that steady-state production from the Oyu Tolgoi mine in Mongolia could be delayed 16-30 months from the original estimate while the capital cost of the mine expansion project could soar as much as $1.9B over expectations of $5.3B.
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