Oyu Tolgoi starts ore processing, on track for full production in 2013 Turquoise Hill Resources (THR) has started processing ore after commissioning the Oyu Tolgoi concentrator on December 27 at a ceremony attended by Mini8ng Minister D. Gankhuyag and other members of the Mongolian State Great Hural (Parliament). Minister Gankhuyag activated the concentrator's ore-processing circuit for the first time. Commercial production is expected to start in three to five months. THR has spent $4.6 billion on the first phase of construction to date, out of a US $6.2 billion budget for this phase. The second phase of development is estimated to cost more than US$5 billion. |
OT Ore Concentrator
|
|