Oyu Tolgoi this week announced that it had shipped its 1 millionth metric ton (mt) of copper concentrate. “This is a major milestone for the company,” said Andrew Woodley, president and CEO of Oyu Tolgoi. “To reach a million tons in such a short time has required extraordinary teamwork from each member of the Oyu Tolgoi family, along with the strong support of our stakeholders. It is particularly fitting that we have reached this milestone on the eve of Tsagaan Sar, a time to traditionally celebrate what we have achieved in the past year and raising our sights for the year ahead.”
The 1 millionth mt is the latest in a series of milestones as Oyu Tolgoi completes its journey to steady-state operations. After the completion of construction in 2013, last year saw the first full year of operations, with production and shipments steadily ramped up. The business will continue to focus on maintaining safety as its first priority, Woodley explained, while improving competitiveness and continuing to position itself as the copper supplier of choice.
