OT CEO McRae’s latest statement

Cameron McRae, CEO and President for Oyu Tolgoi LLC, made a statement on March 01 in regards to the discussions at the meeting of Oyu Tolgoi’s shareholder representatives that took place Wednesday this week, and the company’s Board of Directors meeting held on Thursday.

In the press release, he says that our shareholders have been working through a number of issues, but everyone shares a strong commitment to the success of Oyu Tolgoi. “Some of the issues are complex, so it’s natural that resolution is taking some time. But the talks are constructive, both shareholders are working hard to seek resolution, and real progress is being made”, he continued.