Annual Oyu Tolgoi Mine Visit
Combined-slide-pack-8-Nov-2016
Combined-slide-pack-8-Nov-2016
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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