Giant Mongolia mine starts copper exports - Central & South Asia - Al Jazeera English: "Copper concentrate exports have started to leave Mongolia's giant Oyu Tolgoi mine for China after repeated delays.
Mine operator Rio Tinto, which helped fund Oyu Tolgoi's $6.2bn development cost, said that the mine known as OT was expected to make up a third of Mongolia's economy by 2020.
Rio Tinto also said that at full tilt OT would produce about 450,000 tonnes of copper and 330,000 ounces of gold a year.
"Oyu Tolgoi starts production at a time when undeveloped quality copper assets are scarce and the outlook for copper continues to be strong," the Anglo-Australian mining giant said on Tuesday."
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Mine operator Rio Tinto, which helped fund Oyu Tolgoi's $6.2bn development cost, said that the mine known as OT was expected to make up a third of Mongolia's economy by 2020.
Rio Tinto also said that at full tilt OT would produce about 450,000 tonnes of copper and 330,000 ounces of gold a year.
"Oyu Tolgoi starts production at a time when undeveloped quality copper assets are scarce and the outlook for copper continues to be strong," the Anglo-Australian mining giant said on Tuesday."
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