About us
Ok Tedi Mining Limited (Ok Tedi) is an unlisted, 100% Papua New Guinea owned company, operating the Mount Fubilan Mine: the longest running open-pit copper, gold and silver mine in Papua New Guinea.
Our registered office and operational centre is located in Tabubil, Western Province, while our dredging and rehabilitation operations is located at Bige along the Tabubil Kiunga Highway and our port operations located 156km by road in Kiunga, Western Province.. We also have a state-of-the-art corporate office in Port Moresby, and operate satellite offices in Brisbane, Australia and Tokyo, Japan.
Ok Tedi exports copper as a concentrate, with contained gold and silver, and is a major producer for the world smelting market.
Ok Tedi is more than just a mining company
We are a glimpse into Papua New Guinea’s potential, where opportunity and ambition converge to drive progress and uplift the nation. Our diverse initiatives go beyond just mining resources. See Nation Building to learn more.
What matters to us
Our vision:
We operate with excellence, maximising the value of our mineral resource in an environmentally responsible way to deliver sustainable economic and social benefits to our communities and the people of PNG.
Our Values:
Teamwork
Our goals are common, our successes shared.
Integrity
We expect honesty, trust, fairness and respect.
Accountability
We own our jobs, we meet our commitments.
Safety & Environment
We care about our employees, business partners and our communities’ well-being.
Performance
We give our best every day and seek to continuously improve.
Sustainability
We use what we need and conserve what we can.
our journey
Over our 40+ years of operation, Ok Tedi has grown from a straightforward mining company into a diverse and well-respected national entity driving national progress.
Originally formed as a partnership between BHP (as the majority shareholder), the PNG Government, Amoco Corporation and Inmet Mining Corporation, the company commenced mining at Mount Fubilan in 1984 and has been in continuous operation ever since.
BHP exited the operation in 2002 and Ok Tedi has operated as a fully Papua New Guinea owned entity since 2012.
Our current shareholding structure includes a 67 percent direct shareholding by the Independent State of PNG, and the remaining 33 percent held by the people of the Western Province.
As a wholly nationally owned company, 100% of the benefits from our operations are returned to the people of Western Province and the State.
Historical Ok Tedi Mine Pit
Ok Tedi Ownership
In 2024:
| USD 788M | USD 112.5M | USD 71.5M | USD 479.5M |
| Brought into PNG’s foreign exchange market | In dividends paid to shareholders | Contributed to Tax Credit Scheme infrastructure projects | In contracts awarded to PNG companies |
Ok Tedi is committed to driving progress well beyond the boundaries of the mine.
We invest heavily in improvement projects that see benefits go far beyond the mine: from community health and education initiatives, to large infrastructure projects like highways and electrification.
As the largest employer in the Western Province, and one of the largest in the country, 98% of our 2500+ strong workforce is proudly Papua New Guinean.
Together we share a passion for harnessing the nation’s natural resources to uplift our economy and empower our people.
Join us on the next stage of the journey as we embrace the possibilities of Papua New Guinea’s future.
