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Pet Care Brand Zigly Enters Jaipur, Unveiling Its First Experience Centre In Vaishali Nagar

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Turquoise Hill Provides Update on Oyu Tolgoi LLC International Tax Arbitration


Turquoise Hill Provides Update on Oyu Tolgoi LLC International Tax Arbitration
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MONTREAL, May 3, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) today announced that the Government of Mongolia ( GOM ) filed its statement of defence together with a counterclaim ( GOM Defence and Counterclaim ) in relation to a previously-disclosed international tax arbitration proceeding brought by Oyu Tolgoi LLC ( OT ) against the GOM in February 2020. Turquoise Hill is not a party to that arbitration, but the Company understands that the GOM Defence and Counterclaim includes a request that the arbitral tribunal add both the Company and a member of the Rio Tinto Group as parties to the tax arbitration. The Company understands that the principal thrust of the GoM Defence and Counterclaim is to seek the rejection of OT s tax claims in their entirety. As part of the counterclaim, the GoM makes ....

United States , Oyu Tolgoi , Rio Tinto , Turquoise Hill Resources Ltd , Erdenes Oyu Tolgoi , Rio Tinto Group , Oyu Tolgoi Mine Development , Hill Resources , Gom Defence , Turquoise Hill , Financing Plan , Oyu Tolgoi Project , Tolgoi Technical Report , Hugo North Lift , Power Source Framework Agreement , Mining Amp Metals , ஒன்றுபட்டது மாநிலங்களில் , ரியோ டின்டோ , டர்க்கைஸ் மலை வளங்கள் லிமிடெட் , ரியோ டின்டோ குழு , மலை வளங்கள் , டர்க்கைஸ் மலை , நிதி திட்டம் , ஹ்யூகோ வடக்கு தூக்கு , சுரங்க ஆம்ப் உலோகங்கள் ,