– Oyu Tolgoi regularly organises meeting to introduce and promote its procurement activities –
Ulaanbaatar, Mongolia – Oyu Tolgoi LLC cooperates with thousands of Mongolian companies as it develops the mine. It is committed to open and transparent procurement policies and principles, and provides procurement information for all international and Mongolian suppliers.
Oyu Tolgoi regularly organises meetings in the Umnugobi and Ulaanbaatar to introduce and promote its procurement activities.
Any individuals, companies and producers who want to supply products and services to Oyu Tolgoi can participate in the meeting and obtain information about our procurement process. They can also find detailed instructions on how to register as a supplier for Oyu Tolgoi.
B.Serjmaa, National Procurement Manager at Oyu Tolgoi, said “at our meetings and online the participants are given detailed information about the Oyu Tolgoi procurement policy. They can find out about supplier registration and the structure and staff of the Oyu Tolgoi procurement department. The procurement page of the Oyu Tolgoi website is the main interface between the mining company and the suppliers and anybody who wants to become one of our suppliers can register through the website. I appeal to all businesses and suppliers to visit our website often. You can find our 2012 tendering plan, announcements for tendering and success stories of suppliers and other information for suppliers”.
The next meeting on Oyu Tolgoi procurement will be held this coming Monday at Oyu Tolgoi Information Center. Dates for the meeting are announced in Mongolian daily newspapers. The meetings will be held on 22 October and 5, 12 , 19 November and 3, 10, 17, 24 December.
About Oyu Tolgoi LLC (http://en.ot.mn/)
Oyu Tolgoi LLC is Mongolia's largest copper and gold mining company and is a strategic partnership between the Government of Mongolia (34 per cent stake), Turquoise Hill Resources (66 per cent) and Rio Tinto. Rio Tinto is the major shareholder in Turquoise Hill Resources and the manager of the Oyu Tolgoi project. In addition to dividends from its 34 per cent stake in Oyu Tolgoi, the Government of Mongolia will receive taxes and royalties.
Oyu Tolgoi, located in the Gobi desert in southern Mongolia, will be one of the largest and highest-grade copper and gold mines in the world. It is the largest project ever developed in Mongolia, requiring a capital investment for phase 1 of more than US$6 billion.
Oyu Tolgoi is committed to contributing to a sustainable future for Mongolia. At least 9 out of 10 employees will be Mongolian once the mine is in production and Oyu Tolgoi is investing US$58 million dollars (78 billion MNT) in training and education and an additional US$27 million dollars (36 billion MNT) in the Workforce Employment Project designed to help address the general skills shortage in Mongolia
Oyu Tolgoi's key priorities are the health and safety of employees, best-practice environmental management, contributing to sustainable communities and always doing business with integrity, for the benefit of all the project's shareholders and the people of Mongolia.
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