Oyu Tolgoi signs a crucial contract for underground mine development

 |  Written by MontaStudio  |  0

On Tuesday, Oyu Tolgoi company signed a major contract for the underground mine development. Jacobs Engineering Group, one of the world's largest and most diverse providers of technical, professional and construction services, has been contracted to provide engineering, procurement and construction management (EPCM) services for underground development.

Jacobs has already established a Mongolian business unit and will work with a local workforce and partners to deliver the contract over the next five to seven years.

During the signing ceremony Oyu Tolgoi Chief Development Officer Mr Marco Pires said “following the final notice to proceed for the underground development last month, this contract is a critical piece as we ramp up towards full construction”.

Mr Andrew Woodley, Oyu Tolgoi Chief Executive Officer said “Oyu Tolgoi and Jacobs will work closely with hundreds of individuals and businesses across Mongolia. This is another step on our path to establishing Mongolia as a major player in the global copper industry.”

Jacobs will be responsible for the materials handling systems for the underground mine and associated surface and underground infrastructure.

The project is expected to be carried out over a five to seven-year period