Oyu Tolgoi mine awarded Copper Mark for its responsible productionEconomy | Mining
Ulaanbaatar /MONTSAME/. Oyu Tolgoi has been awarded the Copper Mark, the copper industry’s new responsible production program. To be awarded the Copper Mark, Oyu Tolgoi has demonstrated that it meets over 30 criteria for responsible environmental, social and governance operating practices.
Oyu Tolgoi chief executive Armando Torres said, “We are pleased to be among the first in the copper industry to be awarded the Copper Mark, demonstrating our commitment to responsible mining and transparency. We made this achievement together with all our stakeholders and communities in Mongolia”
“We will continue upholding the highest social and environmental standards and draw on the advice of environmental experts and the communities in which we operate.”
The Copper Mark is the first and only program for responsible production of the copper industry and demonstrates the industry’s responsible production practices and contribution to the United Nations Sustainable Development Goal 12 of sustainable production and consumption. Originally developed by the International Copper Association with inputs from a broad range of stakeholders including customers, NGOs and producers, the Copper Mark is now an independent entity with a multi-stakeholder council.
As part of this program, Oyu Tolgoi has also made a series of commitments about the way it operates, how it contributes to Mongolia’s society and economy, and how it manages environmental impacts. These commitments are underpinned by a number of policies, procedures and an approach which recognizes that Oyu Tolgoi has a role to play in supporting the long-term development of Mongolia and sustainable supply chains.
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.