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Mongolians are disappointed with the current situation of Oyu Tolgoi Investment Agreement

Based on the responses from readers of news articles, interviews with some of the Ministers of related agencies some individuals are clearly disappointed with the on going situation with Oyu Tolgoi Investment Agreement. Person called himself/herself “Miner” commented on Minister of Environment L.Gansukh’s interview said,

” We should force the most benefical terms to Ivanhoe. It’s even better if Ivanhoe won’t agree on those and leaves. Let’s do everything by ourselves. It’s absolute nonsense that Mongolians do not have enough finance and expertise to run the project by themselves. We think Friedland (CEO of Ivanhoe Mines) has all the money and people. No. There’s a statement in the project saying 10000 people will work on the mining site. Only 7000 – 9000 of them are Mongolians and over 1000 of them are foreigners getting paid by Ivanhoe. They would work anywhere for anyone whether it’s in Mongolia or for Ivanhoe as long as they get paid. There are only 2 companies own and provide the best copper mining equipments in the world not Friedland. Friedland will ask these 2 companies to purchase and install those equipments. As long as they get paid they will do it for anyone anywhere. These are the simple marketing rules. The government officials should not brainwash Mongolians that we can not run the project and mining ourselves. We will do just as Friedland does it. If we use Oyu Tolgoi as a collateral we would easily get 4 billion USD investment from international players. Then making an agreement with technology providers and hire the expertise would be a simple task. It’s easy to see that who wants the fill their pockets with corrupt money.

It is obvious to see that Mongolian people are concerned with what’s happening in politics related to Oyu Tolgoi. Mongolian people as a whole must benefit from this project.

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Filed under: Mining

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