Young Mongolians proclaim value of Oyu Tolgoi scholarships

Ms Zolbuyankhishig now working to help others in Khanbogd Soum

Ulaanbaatar, Mongolia (ot.mn) – Two graduates of the Oyu Tolgoi scholarship scheme, Ms Zolbuyankhishig and Mr Tseveenravdan, have spoken about the value of the programme for young Mongolians.

Ms Zolbuyankhishig, 24, studied environmental protection and now works for Oyu Tolgoi in the Community Relations centre in Khanbogd Soum.

Her particular focus is on taking care of the families settled around the new airport construction area. She has just finished the Community Impact Assessment which is being undertaken by Oyu Tolgoi and is currently designing the compensation programme which is being rolled-out to the local herders.

She is also helping to run the scholarship programme for local students so that they also get the opportunity to pursue their chosen careers.

Mr Tseveenravdan, 22, received a scholarship to study Information Technology as part of a relocation programme that gave him the chance to study at the Mongolian National University. He is now looking for opportunities to employ his advanced skills around Khanbogd Soum.

“I think the programme of scholarships is very important for the town and it is good that Oyu Tolgoi is investing for education”, he said.

Cameron McRae, Oyu Tolgoi CEO, said that both of these young graduates were a credit to the scholarship programme, and that many more students were benefiting.

“It is great that both these students are bringing their skills back to Khanbogd and this is the way that the town will really benefit long-term. The scholarship programme is a very proud achievement that is changing lives for the better”, he said.

About Oyu Tolgoi (www.ot.mn)

Oyu Tolgoi LLC is Mongolia’s largest copper and gold mining company and is a strategic partnership between the Government of Mongolia, Ivanhoe Mines and Rio Tinto. Rio Tinto is the major shareholder in Ivanhoe Mines and the manager of the Oyu Tolgoi project. In addition to dividends from its 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$85 million dollars (110 billion tugriks) in training.

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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