H1 2023 EBITDA Overview and Oyu Tolgoi Outlook
Oyu Tolgoi: Set to triple copper production
Metrics 1,2
Ore processed
2022
2023 -
Unit
Act
2027
2028 -
2036
LOM³
Mt
39
40
42
40
Head grade (Cu)
%
0.42
0.97
1.28
0.82
Recovery (Cu)
%
80
87
90
84
Concentrate volume
dmt
616
1,078
1,608
1,010
Concentrate grade (Cu)
%
21
31
30
27
Copper production
Kt
130
-340
~500
~290
Koz
184
-360
-330
-260
Construction of infrastructure to
support ramp up to full production
on track
Gold remains a valuable by-product
Producing high quality concentrate
attractive to Chinese smelters
Gold production
Rio Tinto
@2023, Rio Tinto, All Rights Reserved
1Based on the Oyu Tolgoi Feasibility Study 2020 (OTFS20) | 2See supporting references for the production targets underpinning these financial forecasts on slide 2 |
3LOM life of mine (2022-2051)
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