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News 2026-10-06 21:57 UTC

Entrée Resources: Mongolia Tax Authority Has Not Confirmed License Valuation

Entrée Resources Ltd. stated that Mongolia's tax authority has not confirmed its valuation of two mining licenses. This prevents the issuance of necessary tax payment certificates, thereby delaying the transfer of the licenses to Oyu Tolgoi LLC, which is required for Lift 1 underground work on Shivee Tolgoi to proceed.