– It is a true recognition of the achievements of all Oyu Tolgoi employees, suppliers and partners –
Ulaanbaatar, Mongolia – Oyu Tolgoi, Mongolia’s world class mining project was last night recognised as the 'Best Project' of 2012 at the Bloomberg TV Mongolia Awards, the prestigious final event of the Mongolia Economic Forum (MEF). The awards ceremony, attended by the Prime Minister, politicians and business leaders, took place in the impressive setting of the 23rd floor of the Blue Sky Tower.
Otgonbat Sedbazar, Oyu Tolgoi VP External Relations, said: “Even though I was given the honour of accepting it in the name of the company, the award is for a project that all Mongolians can be proud of". Considering the strong competition from the other nominees, this prize represents even more acknowledgment for the Oyu Tolgoi team. All of the companies nominated for the award manage outstanding projects.
Cameron McRae, Oyu Tolgoi President and CEO, said: “We at Oyu Tolgoi are absolutely delighted to win this award; it is a true recognition of the achievements of all Oyu Tolgoi employees, suppliers and partners. The incredible hard work that everyone has put into this project makes it a team success. We thank Prime Minister Altankhuyag, the MEF and Bloomberg for this recognition and wonderful awards evening and hope that by working together, we will continue to make Oyu Tolgoi a success in 2013.”
Last night’s recognition comes at the end of an extraordinary year for Oyu Tolgoi, which produced its first copper concentrate at the beginning of February. Over 12,000 Mongolian men and women worked through the extreme climatic conditions of the Umnugobi to complete the first phase of construction ahead of schedule and in-line with budget. Oyu Tolgoi is expected to enter commercial production in June 2013.
Visit the gallery: Oyu Tolgoi honoured by Bloomberg for economic impact
About Oyu Tolgoi LLC (http://ot.mn/en)
Oyu Tolgoi LLC, Mongolia's largest copper and gold mining company, is a strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto. Located in the Umnugobi, Oyu Tolgoi is scheduled to begin commercial production in the first half of 2013. As the biggest single investment in Mongolian history, Oyu Tolgoi already is a major driver of the country’s economy.
Oyu Tolgoi is managed by Rio Tinto, which is investing global expertise and cutting-edge technology to help develop Mongolia’s mining industry and ensure Oyu Tolgoi is one of the world’s most advanced mines. Oyu Tolgoi is developing a nationwide vocational training programme, regional infrastructure, and is committed to ensuring more than 90 per cent Mongolian national employment and a strong Mongolian supplier base. These programmes will help drive economic growth for generations to come.
Oyu Tolgoi’s core commitment is to a safe work place and setting a new standard in environmental care.
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