Press release: Oyu Tolgoi is Named The Best Social Insurance Contributor for 2013

Ulaanbaatar, Mongolia – Today, the director of the Social Insurance Agency, Ts.Urtnasan, congratulated and awarded the commemorative trophy and certificate of honour to Oyu Tolgoi LLC which was selected as the best social insurance contributor for the year 2013.

He said at the awards ceremony – "The Social Insurance Agency has selected the best companies which made the largest contribution to the social insurance fund according to many criteria, and 11 of these companies were named the best social security contributors. In recognition of their achievements we placed their company flags and logos in the front of our office. Today, we are awarding the commemorative trophy and certificate of honour to one of these best companies."

Best social insurance contributor’s certificate of honour says that the company was recognised by the Social Insurance Agency for proper and lawful calculation of social insurance premiums and their prompt payment without any delays and debts and for crucial contribution to ensuring social security of the insured employees.

 

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 has commissioned Concentrator plant in December, 2012 and commenced shipments of copper concentrate in July 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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