Category: Press Release

“Having a crush on your profession” – Oyu Tolgoi Education fair was held on 9 December 2022 at the State Academic Theater of Drama. Around 2,000 high school and university students who participated in the event received career advice and introductions to Oyu Tolgoi’s Educational Programmes. With the vision of ‘Natural wealth to enduring value,…

The safety and well-being of employees, contractors and local communities remain our utmost priority. Maintained the highest water use efficiency per tonne of ore production compared to similar global operations Paid US$237 million in taxes, fees and other payments Total in-country spend reached US$14.5 billion Oyu Tolgoi released its latest performance scorecard, highlighting key performance…

Oyu Tolgoi LLC has recognised the achievements of its suppliers at the eight Gobi Gem – Supplier Recognition Awards. All of Oyu Tolgoi’s suppliers were celebrated, with eight companies winning awards. Winners included small, Umnugobi businesses and some of Mongolia’s most famous companies. In-country procurement spend ratio in total operation procurement has constantly been rising,…

Continued globally competitive safety performance Maintained the highest water use efficiency per tonne of ore production compared to similar global operations Paid US$91 million in taxes, fees and other payments in the Q2 2022 Total in-country spend reached US$14.2 billion Fired the first and second draw bell of the Underground mine Approved US$50 million funding…

Today, the Gobi Museum of Nature and History of Umnugovi aimag built with MNT10.9 billion from the Gobi Oyu Development Support Fund was opened in Dalanzadgad soum. The museum has a collection of more than 4,000 exhibits and artefacts in its halls with world-class designs and equipment. There are also ancient and paleontological findings from…

Continued globally competitive safety performance Maintained highest water use efficiency per tonne of ore production Paid US$72 million in taxes, fees and other payments Total in-country spend reached US$13.8 billion Commenced Underground mine operations Concluded Electricity Supply Agreement for long-term electricity supply Oyu Tolgoi released its latest performance scorecard, highlighting key performance metrics for the…

The Board of Directors of Oyu Tolgoi announced today the appointment of Deirdré Lingenfelder as Chief Executive Officer of Oyu Tolgoi LLC. Deirdré Lingenfelder will assume the role on 1 May 2022 from Jacques van Tonder, who held the role of acting Chief Executive Officer following the resignation of Armando Torres who led the business…

Continued its globally competitive safety performance Maintained its highest water use efficiency per tonne of ore production Reached record-high national and Umnugovi procurement spend in 2021, stretching to US$606 million and US$216 million, respectively Paid US$681 million in taxes, fees and other payments In-country spend reached US$13.4 billion Completed construction of Material Handling System 1…

Oyu Tolgoi and Rio Tinto awarded 31 students scholarships today reaffirming its vision, “Natural resources to enduring value, knowledge and skill” for Mongolia. The company has provided scholarships and other educational benefits to over 3,600 students through its tailored leadership and career development programmes since 2010. Oyu Tolgoi scholarship consists of full academic year tuition,…

Mongolian company Premium Concrete – which works on our Oyu Tolgoi Underground copper-gold project in the South Gobi Desert – was named Best Contractor in the 2020 Chief Executive Safety Awards for its exceptional and deeply embedded safety culture. “We believe that our contractors at the underground project rank amongst the very best in the…