Category: News

Today, we are celebrating Mongolia’s cherished Naadam festival! A festival that is rich of Mongolian culture and history. Our Oyu Tolgoi sponsored the National Naadam’s opening ceremony and it was a wonderful moment for our employees to represent our company proudly and parade through the stadium. Our employees are true ambassadors of our business. We…

Oyu Tolgoi today announced an update on its performance for the quarter ended March 31, 2017. HIGHLIGHTS In the first quarter of 2017, Oyu Tolgoi was injury-free for 79 out of 90 days. Oyu Tolgoi achieved an All Injury Frequency Rate (AIFR) of 0.42 per 200,000 hours worked for the three months ended March 31,…

Oyu Tolgoi LLC today announced the signing of a new power purchase agreement (PPA) with the National Power Transmission Grid (NPTG) of Mongolia. Armando Torres, Chief Executive Officer of Oyu Tolgoi, said, “This is an important milestone for Oyu Tolgoi, and underscores the strong support and collaboration between the Government of Mongolia and Oyu Tolgoi…

Since the restart of the Underground project over the past year, Oyu Tolgoi has had many achievements to celebrate. Recently, we were recognized as the #1 Taxpayer Company in Mongolia for the second consecutive year with US$210.6 million paid in taxes, ranked #2 on the list of TOP 100 companies in Mongolia. These successes wouldn’t…

Oyu Tolgoi has announced the appointment of Armando Torres as Chief Executive Officer of Oyu Tolgoi LLC. Armando Torres has been a member of the Oyu Tolgoi Board and as Rio Tinto Managing Director – Oyu Tolgoi since 2016. Mr Torres will continue as a member of the Oyu Tolgoi Board. Mr Torres assumes the…

– World-class safety and environmental performance – Recognised as Mongolia’s Top Tax Payer of 2016 and ranked second on Top-100 list – US$37.2mn taxes paid; US$75mn national procurement in Q1’17 Oyu Tolgoi today released the latest edition of its scorecard updating on its performance for the first quarter of 2017. In the first three months,…

Oyu Tolgoi and its partner communities celebrated the second anniversary of the Cooperation Agreement with two major milestones – the inauguration and handover of the Oyu Tolgoi-funded Khanbogd Bulk Water Facility, and by breaking ground for the Inter-Soum Animal Health Care Centre, both first of the kind facilities for the region. The US$6.9 million bulk…

Oyu Tolgoi today announced an update on its performance for the fourth quarter and full year 2016. Full year highlights: Oyu Tolgoi achieved an industry-leading safety performance with an All Injury Frequency Rate of 0.22 per 200,000 hours worked for the year ended December 31, 2016 Oyu Tolgoi cumulative in-country spend, in the form of…