OkTedi.com
Title
Ok Tedi Mining Limited
Description
OTML at a Glance
The Ok Tedi mine is a major producer of copper concentrate for the world smelting market. It is situated at the headwaters of the Ok Tedi ("ok" means "river" in the local Faiwolmin language) in the remote Star Mountains of PNG's Western Province. The Ok Tedi mine is operated by Ok Tedi Mining Limited (OTML).
OTML's shareholders are PNG Sustainable Development Program Limited (PNGSDPL), (52 per cent), Inmet Mining Ltd (18 per cent) and the National PNG Government (30 per cent). The PNG Government holds equity directly (15 per cent), and on behalf of the Western Province (12.5 per cent) and landowners from the mine area (2.5 per cent).
In January 2002, BHP Billiton Ltd divested its 52 per cent shareholding in OTML by transfer of its shares to the PNGSDPL. The PNGSDPL's dividends from OTML are ultimately for the benefit of the people of the Western Province and Papua New Guinea generally, in the form of sustainable development projects.
Languages
English
Address
- PO Box 1
- Tabubil, Western Province PAPUA NEW GUINEA
Contact
- OK Tedi Mining Ltd
-
- +1 675 548 3017, Fax: +1 675 548 9129
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Additional Information
Related Domains
External Links
- Alexa: OkTedi.com
- Agriculture
- Asia
- Australasia
- Bhp
- Bhp Billiton
- Capacity Building
- Commodities
- Community Development
- Copper
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- Oceania
- Ok Tedi
- Ok Tedi Mine
- Ok Tedi Mining Limited
- Ore
- Png
- Papua New Guinea
- Silver
- Sustainable Development
- Western Province
- BHP
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- Business and Economy
- OTML
- PNG
- Regional