Rio Tinto strengthens presence in Mongolia

Rio Tinto is strengthening its presence in Mongolia with the establishment of a new office in Ulaanbaatar.

The new office expands its national employee numbers to about 80 during 2018. The new Rio Tinto office will support the company’s exploration programme and technology centre and have a sharp focus on growing relationships with all partners in Mongolia.

Rio 22-1-2018
Image credit: Rio Tinto

Munkhtushig Dul has been appointed as Rio Tinto’s country director and will lead the new Rio Tinto office. Munkhtushig works in coordination with the Oyu Tolgoi LLC team, led by managing director Armando Torres.

The new office, which will be separate from Oyu Tolgoi LLC, will house Rio Tinto’s Exploration (RTX) team and the Mongolia Delivery Centre (MDC), the local branch of Rio Tinto's Information Systems and Technology (IS&T) team. The MDC team will help service Rio Tinto’s global operations.

Rio Tinto chief executive J-S Jacques, says, “Mongolia is one of Rio Tinto’s most strategically important markets and we are here to stay. We have invested more than USD7-billion in Mongolia since 2010, including salaries, supplier payments, investment in the community, and USD1.5-billion in taxes, royalties and other payments to the government of Mongolia.”

“Today we demonstrate the deepening of our commitment to Mongolia through the establishment of a new country office under new Mongolian leadership to support our exploration, global technology services efforts and relationships in country. We are proud to partner with Mongolia to build one of the best copper and gold mines in the world, suppling the essential materials used in everyday life,” he says. 

“Rio Tinto’s commitment to Mongolia extends beyond Oyu Tolgoi and is testament to our talented Mongolian workforce who have propelled our operations inside Mongolia and globally forward. This is especially true of the MDC – where Mongolians support Rio Tinto’s global IS&T operations. By investing more in Mongolia, we create future leaders for our global business and export Mongolia’s intellectual capacity around the world. This is a true win-win.”

Munkhtushig Dul says, “I am excited to join a company that is dedicated to be a strong partner with Mongolia. Through its shareholding in Oyu Tolgoi, Rio Tinto has invested heavily in Mongolia and is committed to evolving this into a deep and mature partnership for the long-term. I am looking forward to help shape the pathway for Rio Tinto’s growing investment in our country.”


 

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