SouthGobi reports loss as Mongolia mine stays closed

The French miner was this year given a sales quota by the Asian nation that was 29% less than it expected.

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.