Best local suppliers of Dalanzadgad, Khanbogd and Mandal-Ovoo soums supplied 510 million MNT services and products to Oyu Tolgoi
Ulaanbaatar, Mongolia (ot.mn) 3rd annual Supplier Recognition Award ceremony of Oyu Tolgoi-“Gobi Gem-2011” was held last week. 20 best suppliers of Oyu Tolgoi were recognized and awarded for their efforts in training of local workforce, valuable contribution to infrastructure and economic development of Mongolia. This includes best local suppliers from South Gobi that cooperates with Oyu Tolgoi.
The nomination included the Best local suppliers from Dalanzadgad, Khanbogd and other soums of South Gobi. “Demchig Ur Hiits” company that makes and supplies wooden crafts and furniture to Oyu Tolgoi was selected as best supplier of Khanbogd soum.This company is been working with Oyu Tolgoi since 2009 and in the last year, it created two new jobs and expanded its business and produced 120 million MNT furniture, sample boxes and other wooden items that meet health, safety, environmental standards.
Otgontsetseg Barkhas, an individual business entrepreneur of Dalanzadgad soum was selected as best supplier of Dalanzadgad. She produces and supplies work clothes and uniforms. Since 2010, she began to work with Oyu Tolgoi and in 2011, she created 13 new jobs and 300 million tugrig services and products to Oyu Tolgoi.
Ingen Tagsh company of Mandal Ovoo soum was selected as best supplier from other soums of South Gobi. This company processes camel milk which is key brand of Gobi desert of Mongolia using up-to-date technology and produces various dairy products such as fermented camel milk, yoghurt, cheese under quality control inspection of lab. The company worked with Oyu Tolgoi in the past 2 years. In 2011, the company created 4 new jobs and supplied 90 million MNT ecological dairy products to Oyu Tolgoi.
Bayarsaihan Tumurdavaa, Oyu Tolgoi Vice President, Regional Development and Social Performance said “From the 200 local suppliers of South Gobi that cooperates with Oyu Tolgoi, these 3 suppliers are recognized for their contribution to local economic development and improved business activities and selected as best local suppliers. These 3 best local suppliers delivered total more than half a billion MNT products and services to Oyu Tolgoi. Main thing is the products and services they provided meets health, safety and environmental quality standards. This was key criteria for selection of these suppliers as best local suppliers of Oyu Tolgoi.”
About Oyu Tolgoi LLC (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 (34 per cent stake), Ivanhoe Mines (66 per cent) 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 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 tugriks) in training and education and an additional US$27 million dollars (36 billion tugriks) 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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