Prime Minister receives CEO of Rio Tinto Group

2022-07-14 16:03:34

Ulaanbaatar /MONTSAME/. Prime Minister of Mongolia L.Oyun-Erdene today received Chief Executive Officer of Rio Tinto Group Jakob Stausholm.

During the meeting, the sides exchanged views on the implementation of the parliamentary resolution on measures to be taken to ensure the benefits to Mongolia from Oyu Tolgoi deposits, and the progress of the Government’s negotiations with the Rio Tinto Group.

The sides mutually agreed to put the construction of the underground mine into full operation by the first quarter of 2023. Thus, in January 2022, the Prime Minister of Mongolia L.Oyun-Erdene and CEO of Rio Tinto Jakob Stausholm together pressed a button to commence the first blast to start the initial stage of Oyu Tolgoi's underground mine development.

In this context, Rio Tinto CEO Jakob Stausholm emphasized that the works are underway to intensify the construction of the underground mine and put it into operation ahead of schedule and the talks are continuing successfully.

The meeting also touched on the development projects that are being implemented by Rio Tinto Group in Khanbogd and Tsogttsetsii soums of Umnugobi aimag.