Hunnu buys controlling stake in Mongolia Coal JV from Rio Tinto

The transaction is expected to close in early 2025.

The billionaire was charged with participating in a scheme that involved paying more than $250 million in bribes to Indian government officials.

Over the next five years, the South Korean government is expected to invest C$20 million towards the project.

Critical minerals are central to BC’s economic vision, with demand for lithium expected to grow sixfold by 2030 and copper demand projected to double by 2050.