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Oyu Tolgoi awards 20 students with Gobi scholarship

Ulaanbaatar, Mongolia,

- Gobi scholarship programme marking 10 years of establishment -
- 292 students have received the Gobi scholarship since 2005 -
- MNT 600 million awarded in scholarships till date -

Oyu Tolgoi on Wednesday hosted an awards ceremony to recognize the latest recipients of its Gobi Scholarship programme. This year, 20 students received scholarships, which focus on developing key skills and professions needed in the region.

Speaking to the students, Batsukh Galsan, Chairman of Oyu Tolgoi’s Board of Directors, said, “Oyu Tolgoi’s vision is to go from natural wealth to enduring value, knowledge, and skill. This is best showcased by our scholarship programme – now in its 10th year – that encourages and supports the best of our young talent. I’m confident that our youth will develop themselves into the highest standard in the respective professions, and contribute to the development of Mongolia.”

One of the 2015 scholars, Davaajargal said “I’m studying medicine thanks to the generous support by Oyu Tolgoi. I’ll return to my home town upon completion of my studies and it’ll be my privilege to serve the local community.”

The Gobi Scholarship programme started in 2005 as a part of Oyu Tolgoi’s efforts to build capacity in Umungobi. The programme ensures Umnugobi student’s skills fill critical gaps in Umnugobi by returning to their home region upon successful completion of their studies.

Oyu Tolgoi provides full scholarships to the students and, additional development training. Students whose skills match Oyu Tolgoi’s business requirements need are also considered for internship opportunities at the company.

Over the past ten years, 292 students from Umnugobi have received scholarships, with a total investment in programme reaching MNT 600 million.

About Oyu Tolgoi LLC (www.ot.mn)

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 South Gobi, Oyu Tolgoi commenced shipment of product to customers in July 2013. 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. For Oyu Tolgoi, nothing matters more than safety. The business operates under the principle that if a job cannot be done safely, it will not be done at all.

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