Overview
- Parliament’s temporary oversight committee began public hearings scheduled for December 8–12 to examine evidence on the Oyu Tolgoi group of deposits.
- The committee received 92,467 pages of documents, with about 51% marked confidential, according to chair O. Batnairamdal.
- Oyu Tolgoi CEO S. Munkhsukh said the confidentiality markings reflect internal company material and do not limit the committee’s access, noting five‑year feasibility and reserve updates that have tended to increase estimated reserves.
- The first session centers on resource estimates and valuation for the Javhlant (MV‑15225) and Shivee Tolgoi (MV‑15226) licences to inform calculations of the state’s ownership share.
- Ontrè Resources’ managing director Steven Scott testified the licences form an integrated deposit with Oyu Tolgoi and would be uneconomic to mine separately, while former finance minister S. Bayartsogt flagged an external Russian lawsuit against Rio Tinto seeking compensation via its Oyu Tolgoi stake as a potential legal risk; upcoming sessions will also review financing and interest‑rate issues.