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Turquoise Hill Oyu Tolgoi Operation Celebrates Commissioning of Concentrator Complex - Shares Flat

Turquoise Hill Resources' ( TRQ ) primary operation, Oyu Tolgoi, celebrated the commissioning of the mine's concentrator, an event attended by Minister of Mining D. Gankhuyag and other members of the Mongolian Parliament.

Oyu Tolgoi is expected to process first ore through the concentrator by year-end, with first concentrate production to follow within one month. The commencement of commercial production is expected three to five months thereafter.

TRQ shares are flat at $7.30 in pre-market trade, moving in a 52-week range of $7.10 - $20.46.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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