Turquoise Hill Resources (STU:IHM1) Construction In Progress : €9,830 Mil (As of Sep. 2022)

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What is Turquoise Hill Resources Construction In Progress?

Turquoise Hill Resources's quarterly construction in progress increased from Mar. 2022 (€8,191 Mil) to Jun. 2022 (€8,835 Mil) and increased from Jun. 2022 (€8,835 Mil) to Sep. 2022 (€9,830 Mil).

Turquoise Hill Resources's annual construction in progress increased from Dec. 2019 (€5,667 Mil) to Dec. 2020 (€6,234 Mil) and increased from Dec. 2020 (€6,234 Mil) to Dec. 2021 (€7,657 Mil).

Turquoise Hill Resources Construction In Progress Historical Data

The historical data trend for Turquoise Hill Resources's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Turquoise Hill Resources Construction In Progress Chart

Turquoise Hill Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Construction In Progress

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2,801.32

4,197.88

5,666.81

6,234.22

7,657.09

Turquoise Hill Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Construction In Progress	Get a 7-Day Free Trial															7,085.73	7,657.09	8,191.33	8,834.56	9,829.74

Turquoise Hill Resources Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Turquoise Hill Resources (STU:IHM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Turquoise Hill Resources Ltd (STU:IHM1) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Place Ville-Marie, Suite 3680, Montreal, QC, CAN, H3B 3P2

Website

https://www.turquoisehill.com

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border.

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