The Oyu Tolgoi mine, also Oyuutolgoi (Mongolian: Оюутолгой, pronounced[ɔˌjʊˑtʰɔɮˈɢœˑ]; lit. "Turquoise Hill"), is a combined open pit and underground mining project in Khanbogd sum within the south Gobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province capital Dalanzadgad. The site was discovered in 2001 and is being developed as a joint venture between Turquoise Hill Resources (a majority owned subsidiary of Rio Tinto) with 66% ownership and the Government of Mongolia with 34%. The mine began construction as of 2010 and shipped its first batch of copper on 9 July 2013.[1]
The Oyu Tolgoi mining project is the largest financial undertaking in Mongolia's history and is expected upon completion to produce 450,000 tonnes (500,000 short tons) of copper annually. Financing for the project has come in part from the Rio Tinto Group and an investment agreement between Ivanhoe Mines and the government of Mongolia.
Rio Tinto reached an agreement with the government in January 2022 to move the joint Oyu Tolgoi copper and gold project forward and resolve outstanding issues, which is key for Mongolia to significantly increase its copper exports to China in 2023.[2]
^Oyu, Tolgoi. "Oyu Tolgoi begins concentrate shipments". Oyu Tolgoi. Archived from the original on 31 August 2013. Retrieved 15 October 2013.
^Adiya, Amar (25 May 2022). "What You Need To Know About Mongolia and What's On the Horizon in H2 2022". Mongolia Weekly. Retrieved 11 September 2022.
The OyuTolgoimine, also Oyuutolgoi (Mongolian: Оюутолгой, pronounced [ɔˌjʊˑtʰɔɮˈɢœˑ]; lit. "Turquoise Hill"), is a combined open pit and underground...
large scale mining projects such as the Tavan Tolgoi coal mine and the OyuTolgoi copper mine. OyuTolgoimine is reported to have the potential to boost...
interest is a 66% share of the OyuTolgoi Copper-Gold Mine in Southern Mongolia 200 km east of Dalanzadgad. The OyuTolgoi Project is considered one of...
Erdenet Mining Corporation, a Mongolian-Russian joint venture, and the OyuTolgoimine, a joint venture between Rio Tinto Group, Turquoise Hill Resources...
98 km E from Ömnögovi Province center Dalandzadgad. It is 150 km from OyuTolgoi and about 240 km north of the Chinese border. The Tavan Talgoi deposit...
largest porphyry copper and gold mines (OyuTolgoi) began commercial production in 2013. The original Ivanhoe Mines was renamed Turquoise Hill Resources...
which have ceased operations are included and noted as defunct. The OyuTolgoimine employs 18,000 workers. Buyant-Ukhaa International Airport in Ulaanbaatar...
co-operation in Mongolia. As a result, the two-year negotiation of OyuTolgoi Underground Mine was concluded and the decision to launch a $4.2 billion construction...
Organisation Todt, a civil and military engineering group of Nazi Germany OyuTolgoi, a mine in Mongolia Old Testament, the first part of the Christian Bible Operating...
board of Rio Tinto Mongolia which develops the OyuTolgoimine, one of the world's largest copper-gold mines and is located in the South Gobi region of Mongolia...
copper-gold mine in USA, Grasberg copper-gold mine in Indonesia, Northparkes copper-gold mine in Australia, OyuTolgoi copper-gold mine in Mongolia and...
developments, such as iron ore projects in Western Australia and Guinea, and the OyuTolgoi copper project in Mongolia. Iron Ore Torre de Moncorvo Rio Tinto LKAB...
by law enforcement. The number of men employed at the OyuTolgoi copper mine and the Tavan Tolgoi coal fields has led to a great rise in the number of...
mining company boards and was a board director of OyuTolgoi LLC, a world-class copper and gold mine managed by Rio Tinto. In 2015, he was the Mongolian...
negotiated an "investment agreement" with Rio Tinto and Ivanhoe Mines to develop the OyuTolgoi copper and gold deposit, the biggest foreign-investment project...
million ounce gold Penasquito mine in Mexico and Ivanhoe Mines' 81.3 billion pound copper, 46.4 million ounce gold OyuTolgoi deposit in Mongolia. Barrick...
World Nuclear Association. January 11, 2011. "Business Opportunities with OyuTolgoi - 2010". Mongolia Web News. February 26, 2010. Archived from the original...
the Mongolian Government finally signed an investment agreement to mine the OyuTolgoi copper deposit. The deal was later revealed that in fact it was in...
the OyuTolgoi copper-gold deposit in South Gobi, Mongolia was renamed the Hugo Dummett Deposit in 2003 by his last employer, Ivanhoe Mines. The Oyu Tolgoi...
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