Oyu Tolgoi – Best safety performers across Rio Tinto

Economy | Mining
2015-10-27 16:11:21

Ulaanbaatar /MONTSAME/ Oyu Tolgoi LLC announced Tuesday its in-country spend, from 2010 to the third quarter of 2015, had passed USD 5.13 billion or 10.2 trillion Togrog.

The latest edition of the company’s Performance Scorecard also provided details of Oyu Tolgoi’s best-in-class water efficiency and recycling rate, strong safety performance, and latest figures for taxes paid and national procurement spend to-date this year.

Oyu Tolgoi president and CEO, Andrew Woodley, said: “This has, once again, been a strong quarter for us in terms of our safety performance, productivity, and other key measures. We also passed a major milestone–crossing USD 5.13 billion in terms of our in-Mongolia spend, including taxes and other payments, salaries, and spend with Mongolian suppliers.

“This latest Scorecard transparently showcases our continuing progress, and is a reminder of not just of how far Oyu Tolgoi has come, but also points towards the company’s strong potential for the future.”

Oyu Tolgoi continued its strong safety performance in the third quarter of 2015, achieving an All Injury Frequency Rate of 0.31–better than target and making it one of the best safety performers across Rio Tinto. On the back of this, Oyu Tolgoi also achieved record production in the quarter, improving over Q2 2015–which had been another record quarter for the business.

The Performance Scorecard is designed to provide regular updates on key parameters around the operation including safety, environmental performance, local employment, supplier spend and taxes paid, as well as broader investments in social and educational projects, reports ot.mn.   


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