1 RIO-GLENCORE DEAL CLOSER THAN EVER WITH PREMIUM AND CEO IN FOCUS WWW.BLOOMBERG.COM PUBLISHED:2026/01/10      2 MONGOLIA'S INFLATION DOWN TO 7.5 PCT IN DECEMBER 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/10      3 MONGOLIA ENERGY FACES MNT 412.3 BILLION TAX LIABILITY AFTER LOSING MONGOLIAN COURT CASE WWW.TIPRANKS.COM  PUBLISHED:2026/01/10      4 NUMBER OF FOREIGN NATIONALS RESIDING FOR OFFICIAL AND PRIVATE PURPOSES UP 7.4% WWW.MONTSAME.MN PUBLISHED:2026/01/10      5 SUSTAINABILITY RELATED REPORTING: READINESS ASSESSMENT MONGOLIA REPORT WWW.UNDP.ORG PUBLISHED:2026/01/10      6 GOVERNMENT TO FORMALLY APPROACH RIO TINTO, OYU TOLGOI TO SAFEGUARD NATIONAL INTEREST WWW.MONTSAME.MN PUBLISHED:2026/01/09      7 NON-COMPLIANT ADVERTISING BILLBOARDS TO BE REMOVED WWW.MONTSAME.MN PUBLISHED:2026/01/09      8 FROM TORONTO, CANADA TO PHU QUOC, VIETNAM: MONGOLIA’S BOLD 2026 AVIATION EXPANSION INCLUDES NEW FLIGHTS, VISA-FREE TRAVEL, AND AIRPORT UPGRADES! WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/09      9 MONGOLIA TO MARK 820TH ANNIVERSARY OF THE GREAT MONGOL EMPIRE WWW.MONTSAME.MN PUBLISHED:2026/01/09      10 PARLIAMENT SUPPORTS SOLAR GER INITIATIVE UNDER NEW REGULATORY REFORMS WWW.MONTSAME.MN PUBLISHED:2026/01/09      GLENCORE, RIO TINTO КОМПАНИУД НЭГДЭХ ХЭЛЭЛЦЭЭ ХИЙЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/10     Н.НАРАНБААТАР: ЭНЭ ОНД НҮҮРСНИЙ ЭКСПОРТЫН ХЭМЖЭЭГ 90 САЯ ТОННД БАРИНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/10     УЛААНБААТАРТ ӨНДӨР ТЕХНОЛОГИЙН ХОЁР ҮЙЛДВЭР БАЙГУУЛЖ, УСАН ХАНГАМЖИЙГ 80 ХУВИАР НЭМЭГДҮҮЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     ХУУЛЬ БУС ЭЗЭМШИЛД БАЙСАН 15 БАРИЛГА БАЙГУУЛАМЖИЙГ НИЙСЛЭЛД БУЦААН АВЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/09     МОНГОЛ УЛСАД 37 097 ГАДААД ИРГЭН ОРШИН СУУХ БҮРТГЭЛТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     ҮСХ: 12 ДУГААР САРЫН ИНФЛЯЦ 7.5 ХУВЬТАЙ ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     2026 ОНД НИЙСЛЭЛД ХЭРЭГЖИХ ТОМООХОН БҮТЭЭН БАЙГУУЛАЛТУУД WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/09     ДУЛААНЫ ТАРИФ НЭМЭГДҮҮЛЭХ ШИЙДВЭРИЙГ ХОЙШЛУУЛЖ, 2027 ОНЫ НЭГДҮГЭЭР САРЫН 1-НЭЭС НЭМНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/09     НИЙГМИЙН ДААТГАЛЫН ӨР ТӨЛБӨРТ ТООЦОЖ, "КАПИТАЛ" БАНКНААС ХУРААСАН ХӨРӨНГИЙГ ДУУДЛАГААР ХУДАЛДАНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     НИЙСЛЭЛИЙН 19 БАЙРШИЛД 11.7 КМ АВТО ЗАМЫН БОРООНЫ УС ЗАЙЛУУЛАХ ШУГАМ УГСАРНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/08    

Oyu Tolgoi sets operational records in 2017 www.ubinfo.mn

According to its 2017 financial results and operational review, Oyu Tolgoi JSC set operational records for its total material mined and concentrator throughput during 2017. Oyu Tolgoi's copper production totalled 157,400 tonnes and gold production - 114000 ounces in 2017, meeting the company’s guidance. It was highlighted that Oyu Tolgoi achieved an All Injury Frequency Rate of 0.27 per 200 thousand hours worked for the whole year. The company's revenue resulted USD 939.8 million in 2017, reflecting lower sales volumes partially offset by higher copper prices compared with USD 1,203.3 million in 2016. For 2017, the company recorded income of USD 110.9 million and net income attributable to owners of Turquoise Hill Resources (TRQ) of USD 181.2 million or USD 0.09 per share. TRQ generated cash flow from operating activities before interest and tax of USD 325.8 million in 2017, with net cash generated from operating activities of USD 118.0 million. Oyu Tolgoi’s cost of sales was USD 2.32 per pound of copper sold, cash cost per unit of extracting and processing the metal products were USD 1.92 per pound of copper produced and all-in sustaining costs were USD 2.39 per pound of copper produced. Operating cash costs of USD 711.6 million in 2017 beat the Company’s guidance.

It was highlighted that underground lateral development made good progress during 2017, completing 6.1 equivalent kilometres for the year which was in-line with the 2016 Technical Report expectations of the company. During 2017, total underground expansion spending totalled USD 835.7 million, meeting guidance and resulting in total underground project spending since January 1, 2016 of approximately USD 1.1 billion. In the document of financial results, it was noted that Oyu Tolgoi expects to produce 125,000 to 155,000 tonnes of copper and 240,000 to 280,000 ounces of gold in concentrates in 2018. On March 15, 2018, Oyu Tolgoi filed a notice of dispute with the Government of Mongolia for the January 2018 tax assessment.



Published Date:2018-03-20