Rio Tinto begins underground copper production at Oyu Tolgoi RioTinto
- On Monday, global mining group Rio Tinto announced the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi Desert, Mongolia.
"Since the agreement between the Government of Mongolia and Rio Tinto in January 2022 to reset the relationship and move the Oyu Tolgoi underground project forward, 30 drawbells have been blasted and copper is now being produced from the underground mine," the company added. "Developing the underground mine is an investment of over $7 billion, unlocking the most valuable part of the copper resource for the benefit of all stakeholders," the company said.
CEO Jakob Stausholm stated, "We would like to thank the Government of Mongolia for their commitment as our partner in achieving this remarkable milestone. We are starting underground production 1.3 kilometres beneath the remote Gobi desert from an ore body that will be critical for global copper production and Mongolia’s ongoing economic development.
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