RIO TINTO SAYS THERE ARE CURRENTLY DELAYS ON ALL VEHICLES CROSSING THE GANQIMAODU BORDER FROM CHINA TO MONGOLIA, IMPACTING THE NUMBER OF TRUCKS AVAILABLE TO TRANSPORT OYU TOLGOI’S COPPER CONCENTRATE

Rio Tinto has reported that all vehicles crossing the Ganqimaodu border from China into Mongolia are currently facing delays, which is constraining the number of trucks available to haul copper concentrate from its Oyu Tolgoi mine. The disruption is a logistics and supply-chain bottleneck rather than a change in mine output, meaning the transmission runs through physical shipment throughput: slower concentrate movement can build inventories at the mine and delay deliveries to Chinese smelters, which tightens near-term availability of concentrate in the spot market. Rio Tinto itself is the most directly exposed, as shipment timing affects revenue recognition and working capital, while Mongolian export volumes and the broader copper concentrate trade flowing through China are also sensitive to border throughput. Traders should watch Chinese customs and trade data for copper concentrate imports and any official statements on border clearance times at Ganqimaodu, as a sustained slowdown would reinforce concentrate tightness and could lift treatment and refining charge pressures.

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