Oyu Tolgoi released its 2019 ‘Year in Review’ report today. The report covers key areas of the business which are safety, people, partnership, cash and growth.
Oyu Tolgoi announces Q1 2020 performance results
In 2019, Oyu Tolgoi continued to progress and deliver important milestones for the underground mine development and make a significant contribution to the Mongolian economy, passing U$10 billion of in-country spend.
Oyu Tolgoi LLC has reached US$10 billion in total in-country spend since 2010, demonstrating our strong commitment to the prosperity of Mongolia. This is a remarkable milestone and is the largest foreign investment made in the country.
Towards the end of last year, an important event took place to turn over a new leaf in the history of the modern mining industry in Mongolia. It was the completion of the Production Shaft, one of the key infrastructure facilities of the Oyu Tolgoi Underground Project, with its headframe tower rising to the sky. Looking over Khanbogd’s vast plain, ...