The Oyu Tolgoi (OT) mine contributes a staggering 35% to Mongolia's GDP, making it the country's largest private employer and taxpayer. Nicknamed 'the richest corner of the country,' the mine currently operates at just 20% capacity. Imagine the potential impact when it reaches full capacity! However, it's important to note that Rio Tinto, the company operating OT, has a market value 10 times greater than Mongolia's entire GDP. While the mine's potential is undeniable, it highlights the complex relationship between resource extraction and national wealth.
Want to invest in the Philippines. We have large area of copper. Hope to hear your response to this message. We are looking for investor to buy our copper ore
@@tinasheshepherd7601 they average 10 times the amount the mine workers make. They would make more if the british coperation didnt own 66% of the mine.
Great Mine, with Great people! Fun project to be part of.
The Oyu Tolgoi (OT) mine contributes a staggering 35% to Mongolia's GDP, making it the country's largest private employer and taxpayer. Nicknamed 'the richest corner of the country,' the mine currently operates at just 20% capacity. Imagine the potential impact when it reaches full capacity! However, it's important to note that Rio Tinto, the company operating OT, has a market value 10 times greater than Mongolia's entire GDP. While the mine's potential is undeniable, it highlights the complex relationship between resource extraction and national wealth.
Really interesting trip to Mongolia Richard and 👏 to you for going down there, I'm sure it takes some guts 👍
Proud to work here OT ❤
Very interesting copper mine !!!
Greetings from Poland, we also work at such a depth very hotly... show us the ancestor
It's a different world underground mine you have haul tucks and everything else no one thing is safety 😎
I was there in living a Ger drilling the exploration back in 2000.
Greetings, Richard! I do spend quite a bit of time in Mongolia every year
the lady doing the tour sounds south african
she is
What’s the percentage of copper in the ore?
This engineer girl... is delicious... but she turned away from him on the bus... I think the smell of alcohol emanated from his mouth...
Lol I saw that too. I thought he must have bad breath or something
Want to invest in the Philippines. We have large area of copper. Hope to hear your response to this message. We are looking for investor to buy our copper ore
I would love to work for this mine
they pay their people $50 dollars a day. i doubt you would want to work here
Yeah that’s some low wages! What about artisanal level or supervisory level? But the mine looks world class
@@tinasheshepherd7601 they average 10 times the amount the mine workers make. They would make more if the british coperation didnt own 66% of the mine.
That’s the sad part of this mining industry all over the world but they must be better than here in africa were it’s $20 per day for Mine workers
What companies run this? Is there a chance to work from outside?
It's a different world underground mine you have haul tucks and everything else no one thing is safety 😎