Press release: Rio Tinto sponsored the TEDxUlaanbaatar event

 

Ulaanbaatar, Mongolia – Rio Tinto sponsored TEDxUlaanbaatar event was organised successfully for the 2nd time under the theme 'Beyond…' on 22 September, 2012. Around 150 people attended the event, and enjoyed one whole day listening to the ideas worth spreading of the 9 speakers who are leaders in their respective field. This year’s event had three sessions: 'Beyond… Imagination', 'Beyond… Limits', and “Beyond… Growth.”

All income from ticket sell donated to the National Association of the Wheelchair Users of Mongolia /1 million MNT/, and to the Lotus Children’s Center /1 million MNT/

 

 

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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