14.11.2016 Views

Annual Oyu Tolgoi Mine Visit

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Continued focus on reducing cash costs<br />

• Business improvement programs<br />

have been in place since 2014<br />

delivering value across<br />

productivity, operating costs,<br />

sustaining capex and working<br />

capital.<br />

• The program values one-off<br />

savings, sustaining capital<br />

reductions and net working<br />

capital (NWC) reductions at 10%<br />

of face value.<br />

Source: <strong>Oyu</strong> <strong>Tolgoi</strong><br />

• Program is key platform for<br />

ensuring <strong>Oyu</strong> <strong>Tolgoi</strong> open-pit<br />

operations remain free cash flow<br />

positive.<br />

22

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