Oyu Tolgoi to cooperate with Jacobs Engineering on underground mine development

OT's underground mine

Oyu Tolgoi (OT) reported that they signed a contract on Wednesday with Jacobs Engineering Group, which will be responsible for providing engineering, procurement, and construction management services for the underground mine’s development.

Jacobs has established a Mongolian business unit and will employ a local workforce and domestic partners to deliver on the contract over the next five to seven years.

OT’s Chief Development Officer 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.

“A project of the scale of the Oyu Tolgoi underground mine requires highly specialized skills, and Jacobs brings with it the experience and knowledge to complete the development on-time, on-budget, and, most importantly, safely.”

Andrew Woodley, OT’s Chief Executive Officer commented, “As we grow the team that will build this amazing project, 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 President and CEO Steve Demetriou said, “We are very proud to be associated with what is a landmark project for Oyu Tolgoi, Mongolia, and indeed across the global mining landscape. The Oyu Tolgoi underground project is one of the largest mining projects worldwide, and we are excited by the opportunity to contribute significant value to our client and the nation of Mongolia.”