Mongolia Energy Articles & Analysis

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Could you update us on production and sales during phase one of the Oyu Tolgoi mining project?

Chapter | Mining from The Report: Mongolia 2015

With a focus on curbing political risk to encourage new investment, Mongolian authorities are striving to build a competitive industry to develop the country’s abundant natural resources. Copper regained its place as Mongolia’s top export in 2014, and is the primary focus of new exploration alongside gold and niche minerals such as fluorspar and rare earth metals. While the coalition...

Given the significant foreign direct investment needed to achieve its development goals, Mongolia has strong motivation to improve its attractiveness to investors. The government is therefore adjusting its policies, while new laws are expected to gradually reinvigorate foreign investment flows.

Despite abundant energy resources, Mongolia is struggling to meet its growing demand for electricity, increasingly relying on imports until long-term projects to develop new generation capacity are completed. 

Changes to Mongolia’s mining legislation will open up vast new tracts of land for exploration and pave the way for new licence issuances. This should help restore the confidence of foreign investors made wary by government intervention in the sector.

What needs to be done to boost public-private partnerships (PPPs) in the energy sector?