{"id":6380,"date":"2019-05-24T19:49:35","date_gmt":"2019-05-25T02:49:35","guid":{"rendered":"https:\/\/blogs.ubc.ca\/mongolia\/?p=6380"},"modified":"2023-06-04T10:32:39","modified_gmt":"2023-06-04T17:32:39","slug":"oyu-tolgoi-pride-soyombo","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/mongolia\/2019\/oyu-tolgoi-pride-soyombo\/","title":{"rendered":"Mine Aesthetics and OT as National Symbol"},"content":{"rendered":"

By Julian Dierkes<\/em><\/p>\n

{This post continues a series of posts<\/a> based on a visit to Oyu Tolgoi at the invitation of the company.}<\/p>\n

I think it’s fair to say that Mongolians have had an ambivalent relationship with Oyu Tolgoi ever since Robert Friedland’s infamous 2005 “t-shirt” speech that suggested to North American investors that Mongolians would be happy with a tiny share of profits generated by the mine. Whether or not suspicions about a fair share would have arisen without those comments, these suspicions are deep-seated. Repeated announcements by MPs that the 2009 Investment Agreement or its 2015 Dubai amendment needs to be re-negotiated are partly rooted in the ambivalence many Mongolians have felt toward the project. Rio Tinto’s standoffish attitude and long-time refusal to seriously engage Mongolia as a context for its operations has heightened this ambivalence.<\/p>\n

Yet, there would be many things about the project that some Mongolians at least would embrace. Mongolia’s economic growth in the 2010s has been fuelled by OT construction. Employment targets are consistently surpassed and Mongolians are beginning to rise within the OT managerial ranks. Omno Gobi is being transformed into a noticeably better-off region…<\/p>\n

Taking Pride in Oyu Tolgoi<\/h2>\n

Recently, Oyu Tolgoi does seem to be making efforts to address the Mongolian public more extensively and more directly.<\/p>\n

They have launched an #OTProud<\/a> campaign that frequently showcases Mongolian OT employees and they pride they take in their jobs and in the project. It remains to be seen whether this catches with the Mongolian public.<\/p>\n

A recent tweet by Armando Torres, Oyu Tolgoi’s current CEO, suggests a similar theme.<\/p>\n

\n

I am honored to receive the \u2018CEO of the Year\u2019 award during @BloombergTVM<\/a> award ceremony. I am grateful that our efforts at OT are being recognised & I want to say thank you! Oyu Tolgoi is not my project its #Mongolia<\/a>\u2019s project.We are halfway there in building our UG mine together pic.twitter.com\/0nkB4l6w7o<\/a><\/p>\n

\u2014 Armando Torres (@CEO_oyutolgoi) 13. Mai 2019<\/a><\/p><\/blockquote>\n