MONTREAL, Oct. 13, 2020 /PRNewswire/ - Turquoise Hill
Resources Ltd. ("Turquoise Hill" or the "Company")
today announced that Oyu Tolgoi LLC ("Oyu Tolgoi") has been
awarded the Copper Mark, the copper industry's new independently
assessed responsible production program.
The Copper Mark is the first and only program for responsible
production in the copper industry. Originally developed by the
International Copper Association (ICA) with inputs from a broad
range of stakeholders including customers, NGOs and producers, the
Copper Mark is now an independent entity with a multi-stakeholder
council. Oyu Tolgoi Met Over 30 Criteria for Responsible
Environmental, Social and Governance (ESG) Operating Practices.
"At Turquoise Hill, we are fully committed to responsible
production and transparency at Oyu Tolgoi," said Ulf Quellmann,
Chief Executive Officer of Turquoise Hill Resources. "We
congratulate Oyu Tulgoi on this prestigious award, which
demonstrates our dedication to protecting the environment and
safeguarding the health, safety and welfare of all workers and the
local community. We are proud to be part of an operation that is
leading the industry in ESG standards and contributing to the
sustainable, long-term socio-economic development of Mongolia."
Since 2010, Oyu Tolgoi has been developing a Health, Safety and
Environmental management system in compliance with IOS 14001
Environmental and OHSAS 18001 Occupational Health and Safety
management standards. In 2013, Oyu Tolgoi was independently audited
and received certification on these standards. As part of this
program, Oyu Tolgoi has made a series of commitments about the way
it operates, how it contributes to Mongolia's society and economy, and how it
manages environmental impacts, supporting the long-term development
of Mongolia and sustainable supply
chains.
About Turquoise Hill Resources
Turquoise Hill is an international mining company focused on the
operation and continued development of the Oyu Tolgoi copper-gold
mine in Mongolia, which is the
Company's principal and only material mineral resource property.
Turquoise Hill's ownership of the Oyu Tolgoi mine is held through a
66% interest in Oyu Tolgoi LLC (Oyu Tolgoi); Erdenes Oyu Tolgoi LLC
(Erdenes), a Mongolian state-owned entity, holds the remaining
34%interest.
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enumerated in the "Risk Factors" section of the AIF and in the
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SOURCE TURQUOISE HILL RESOURCES LTD