OT LLC IS ABOUT TO SWITCH CONCENTRATOR ON

Ulaanbaatar /MONTSAME/ The Oyu tolgoi president and CEO Mr Cameron McRae has said the OT is on the verge of commissioning the Concentrator at the Oyu Tolgoi copper-and-gold project in Khanbogd soum of Omnogobi aimag, some 600 km from Ulaanbaatar. He reported it at a press briefing on Wednesday, underlining that this is an important milestone, but the most significant is to come in the first half of 2013 when the mine start commercial productions. “Stable partnership between the Government of Mongolia and third-neighbor investors as well as the contribution of some 15 thousand workers from 44 nations around the world, including hundreds of Mongolian supplier companies, were important in achievement of building the first phase of the OT project,” Mr McRae said. “Today we are on the threshold of Commissioning the OT concentrator. We shall be producing the first concentrate in the first quarter of 2013 and, as planned, the commercial production of copper concentrate is expected in the first half of next year”, Cameron McRae added. The ceremony of activating the OT concentrator has been planned for 27 December of 2012 at the mine site. It is expected to be attended by representatives of the OT investors, Board of Directors of OT LLC and Mongolian State and Government representatives headed by the PM. B.Khuder