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Oyu Tolgoi Underground Mine to be Opened on March 13 www.montsame.mn
The Prime Minister of Mongolia L. Oyun-Erdene reported during his interview with MNB that the opening ceremony of the Oyu Tolgoi underground mine would be held on March 13, 2023.
Noting the investor side's letter to write off Mongolia's USD 2.3 billion debt, for its share (34 percent) of Oyu Tolgoi owned by the Government of Mongolia, the Prime Minister of Mongolia said that further developments had been impossible to accomplish due to this 34 percent debt. This bottleneck has held up for over ten years and become one of the hottest political topics.
The opening ceremony of the OT underground mine will be a milestone in the history of Mongolia and the underground mine. Furthermore, it will also provide an opportunity to increase Mongolia's GDP two times. In other words, our future is on the bright side.
Published Date:2023-02-24
