Category: Media Category

Oyu Tolgoi LLC and Rio Tinto in partnership with the Mongolian University of Science and Technology (MUST) today launched a joint project to build and develop the capability of geotechnical and mining professionals in Mongolia Rio Tinto Mongolia and Oyu Tolgoi LLC will provide $2.75 million in funding for the project, which will run until…

HE FIRST OF FOUR LABORATORIES, each of which includes 19 equipment and accessories that are used for PCR laboratories according to WHO guideline , is now ready to serve the public. The first of four fully equipped PCR laboratories with a set of essential 19 equipment and accessories have been launched at the National Center…

Continued its globally competitive safety performance Paid US$294 million in taxes, fees and other payments Achieved 2020 full-year production guidance Achieved its highest performance record for the underground lateral development Achieved its highest water use efficiency per tonne of ore production Spent US$360 million on national procurement Oyu Tolgoi released its latest performance scorecard, highlighting…

Oyu Tolgoi LLC is consistently recognized as one of the largest taxpayers in Mongolia. Oyu Tolgoi LLC has paid more than MNT5.8 trillion (approximately US$2.8 billion) in taxes, royalties and fees to the Government of Mongolia since 2010. Oyu Tolgoi LLC is a major contributor to the Mongolian economy, with gross in-country spend of over…

Oyu Tolgoi awarded 30 students with its company scholarship today reaffirming its vision, “Natural resources to enduring value, knowledge and skill” for Mongolia. Since 2010 the company has provided scholarships and other educational benefits to 3,252 students by its tailored leadership and career development programmes. Oyu Tolgoi scholarships consists of full academic year tuition, monthly…

Globally competitive safety performance continues Awarded the Copper Mark for responsible production On track to achieve 2020 copper and gold production guidance Paid US$201 million in taxes, fees and other payments to the Government of Mongolia Spent US$273 million on national procurement Oyu Tolgoi released the latest edition of its performance scorecard, highlighting key performance…

Oyu Tolgoi is proud to be awarded the Copper Mark, the copper industry’s new responsible production program. To be awarded the Copper Mark, Oyu Tolgoi has demonstrated that it meets over 30 criteria for responsible environmental, social and governance operating practices. Oyu Tolgoi chief executive Armando Torres said, “We are pleased to be among the…

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…

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…

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…