The Oyu Tolgoi (OT) mine contributes a staggering 35% to Mongolia's GDP, making it the country's largest private employer and taxpayer. Nicknamed 'the richest corner of the country,' the mine currently operates at just 20% capacity. Imagine the potential impact when it reaches full capacity! However, it's important to note that Rio Tinto, the company operating OT, has a market value 10 times greater than Mongolia's entire GDP. While the mine's potential is undeniable, it highlights the complex relationship between resource extraction and national wealth.
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@@tinasheshepherd7601 they average 10 times the amount the mine workers make. They would make more if the british coperation didnt own 66% of the mine.