Turquoise Hill seeks interim order from Arbitration Tribunal to protect viability of its proposed funding strategy
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Turquoise Hill" or the "
Company") announces that it has brought an application for an interim order before the Tribunal in its arbitration proceedings with Rio Tinto International Holdings Limited (RTIHL) and a related party. The Company is taking this step in response to certain actions taken by Rio Tinto which will, if carried out by Rio Tinto:
limit the Company's ability to pursue identified financing options for the Oyu Tolgoi project and, more generally, the prospects for successfully implementing the Company's funding strategy; and