Author: Munkhbadral
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Rio Tinto and Oyu Tolgoi invests US$602,000 for COVID-19 readiness and recovery in Mongolia
In order to support the efforts to fight COVID-19 and its social and economic impacts, Rio Tinto and Oyu Tolgoi are investing a further US$602,000 – or ~MNT1.7 billion – in a project across Mongolia with focus on increasing the resilience and response capability of the country. Rio Tinto and Oyu Tolgoi are partnering with…
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Oyu Tolgoi announces its scholarship programmes
Oyu Tolgoi LLC is committed to human development and education, organising a wide range of programmes and projects such as provision of school buildings and scholarships and joint designing of tertiary subject guides with universities. We provide educational opportunities for both high school students and tertiary students. Since 2011, over 2,600 students have enrolled in…
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Mongolia starts to partially supply power to the Oyu Tolgoi mine
The Southern Region Electricity Distribution Network (SREDN) and Oyu Tolgoi LLC signed a Power Purchase Agreement (PPA) today, 3 September 2020. Minister for Energy Tavinbekh and Oyu Tolgoi LLC chief executive officer Armando Torres and other officials took part in the signing ceremony. The Minister remarked, “The Government of Mongolia has completed the construction of…
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Oyu Tolgoi announces Q2 2020 performance results
Globally competitive safety performance continues On track to achieve 2020 copper production guidance, while increasing guidance for gold production US$134 million taxes, fees and other payments were paid to the Government of Mongolia in H1 2020 US$180 million was spent on national procurement in H1 2020 Marked the fifth anniversaries of the Cooperation Agreement and…
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National Police Agency and Oyu Tolgoi extends Road safety partnership for safer roads
Road traffic accidents are one of the leading causes of death in Mongolia. That’s why Oyu Tolgoi and the National Police Agency are extending its joint partnership for the second consecutive year to implement evidence-based interventions that have proven to reduce road traffic fatalities and injuries, with a focus on rural intercity roads. This year,…
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Oyu Tolgoi LLC releases its 2019 Year in Review
Oyu Tolgoi released its 2019 ‘Year in Review’ report today. The report covers key areas of the business which are safety, people, partnership, cash and growth. Once again, the company delivered historic milestones across the business against a backdrop of challenges faced throughout 2019. Oyu Tolgoi achieved sustainable and efficient surface operations and maintained outstanding…
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Oyu Tolgoi announces Q1 2020 performance results
Continued its globally competitive safety performance On track to achieve 2020 copper and gold production guidance US$73 million taxes, fees and other payments paid US$105 million spent on national procurement Donated over MNT455 million for the community support against COVID-19 Oyu Tolgoi released the latest edition of its Scorecard, highlighting key performance metrics for the…