Commodity Origins

Oyu Tolgoi: a copper operation in Mongolia

Oyu Tolgoi is an open-pit and underground mine producing copper in South Gobi, Mongolia. The sources report 345.2 kt copper in concentrates for CY2025; the basis is 100% (consolidated basis). In copper content, whole-operation output for CY2025 is 345,200 tonnes: about 1.5% of world copper output in 2025; it is one of 11 operations on this site whose output can be stated in copper content.

Who owns and operates it?

Owners of Oyu Tolgoi
OwnerInterestAs of
Rio Tinto66%31 December 2025
Government of Mongolia34%31 December 2025

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Oyu Tolgoi
PeriodOutputBasisWhere in the source
CY2025345.2 kt copper in concentrates
Total mill head grade 0.97% Cu (underground 2.14%, open pit 0.50%); concentrate produced 1,544.1 kt at 22.4% Cu; copper sales 317.4 kt
100% (consolidated basis)Oyu Tolgoi operational data table, p.32; consolidated-basis table p.23 · Rio Tinto
CY2024215.0 kt copper in concentrates100% (consolidated basis)Oyu Tolgoi operational data table, p.32 · Rio Tinto

Between CY2024 and CY2025 the reported figure rose by 60.6%, in the same unit and on the same basis.

How the copper-content figure is worked out. Rio Tinto reports 345.2 thousand tonnes of copper in concentrates for the whole operation, on a consolidated 100% basis. World mine production of copper in 2025 was 23,000,000 tonnes (USGS Mineral Commodity Summaries 2026).

Status: ramping, as of 21 January 2026.

How does it compare?

Other copper operations on this site: Escondida, Cerro Verde, Antamina, Morenci, Grasberg, Kamoa-Kakula, Kamoto Copper Company (KCC), Las Bambas, Buenavista del Cobre, Toquepala. See where copper comes from for the country totals, the country page for Mongolia.

Sources

Method and limits