During the Cabinet meeting that took place yesterday on June 25, 2012, the Minister for Mineral Resources and Energy of Mongolia D.Zorigt, introduced the implementation procedures and ongoing progress of the Oyu Tolgoi project and further actions to be taken.

According to Minister D.Zorigt, a total of 4 billion USD has been spent on the construction and development of the Oyu Tolgoi mine site counting since the establishment and enactment of the Oyu Tolgoi investment and shareholders’ agreements.
With the commitment and hard working of over 9 thousand Mongolian and 300 foreign specialists and workers, the first commercial production is practicable by August 2012. A total of 83 constructions and infrastructures have been constructed during the phase one (the construction phase) of the project and related materials have been sent to the State Committee for Construction, Architecture, and Technical Control for approval and acceptance out of which 30 constructions and infrastructures have been fully accepted, 46 are under technical commission inspections and 5 are awaiting for the technical commission. 

The Cabinet laid duties to the authorities of the complied aimag and sum (administrative unit of an aimag) administrations to hurriedly issue land permissions for the constructions and build ups that are in urgent need to be constructed in accordance with affiliated laws and legislations by August 15, 2012.

Further, the Prime Minister of Mongolia S.Batbold laid duties upon the corresponding Ministries, Agencies and senior officials to handle their work with the utmost care regarding special permission for importing toxic chemicals that are highly needed for the production of the mine, permission for its usage and permission for transporting the concentrates. In conclusion, with the efforts of the working group of the affiliated Ministry of the industry issues on importing electricity from the People’s Republic of China are almost resolved, informed the Press and Media Department of the Government of Mongolia.