For more information please contact:
Ten containers also donated to improve local services
Ulaanbaatar, Mongolia (ot.mn) – Oyu Tolgoi, the company that runs the massive gold and copper mine in the South Gobi, has donated two new trucks and ten containers to Dalanzadgad Soum. The new equipment will be vital in helping the Soum Government manage solid waste – a serious problem in the town.
Improper disposal of solid waste can pollute grazing land and water supplies. The waste problem will increase as Dalanzadgad grows and becomes more prosperous. Oyu Tolgoi’s equipment will enable the collection of waste to be carried out more efficiently.
Through its Investment Agreement with the Government, Oyu Tolgoi is committed to assisting in the development of Dalanzadgad. Oyu Tolgoi is also investing 2.6 billion MNT in the construction of the Vocational Training Centre and Sports and Cultural Complex in Dalanzadgad.
“This is not just about a donation, but about long-term engagement with the Soum to improve the quality of services and thus people’s quality of life:” said Jim Arthur, Oyu Tolgoi’s Manager of Regional Development.
“Dalanzadgad is important to us. We have offices here, and many of our employees are from here. Dalanzadgad’s goals are our goals. We are dedicated to supporting the town.”
The trucks and containers were handed over in a ceremony which was attended by local dignitaries, including the Deputy Governor of the Soum.
About Oyu Tolgoi LLC
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 one 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 MNT) in training and education and an additional US$27 million dollars (36 billion MNT) 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.
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.