Strong Foundation for Growth, Decarbonisation and Shareholder Returns
Oyu Tolgoi delivers substantial
economic value to Mongolia
Total in-country spend
(2010 Q4 2021)
20%
FDI
OT accounts for one-third of Mongolia's GDP; 70% of Foreign Direct Investment
US$ 13.4
6%
BILLION
Jobs
Country's largest private-sector employer, workforce of 12,000 is >96% Mongolian
74%
Direct to
Government
of Mongolia
Salaries
Mongolian
suppliers
Taxes
Since 2010, OT has spent US$13.4bn in-country in the form of salaries, payments to
Mongolian suppliers, taxes and other payments to the Government of Mongolia.
Since 2010, OT has paid US$3.6bn in taxes, fees and other payments.
Local spend
$4.1bn on national procurement spend since 2010; National procurement spend is
71% of total spend. 864 suppliers of which 540 are national businesses.
National procurement
(2010-2021, in US$ millions)
CUMULATIVEUSS
4.1
BILLION
3607
377
2746
2,306,
1970
1,491
1099
B11
48
312
Yearly
Source: World bank
Rio Tinto
©2022, Rio Tinto, All Rights Reserved
4,500
4143
4,000
3,200
2,400
1,600
6062800
0
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
65
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