Mongolia

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From an exploration standpoint, what is your opinion on the overall potential of Mongolia?

With the lion’s share of current coal exports unprocessed, the government is eager to build a domestic coal value chain that could jump-start Mongolia’s mid-stream segment. By 2014 the government had approved feasibility studies for two coal-to-liquid (CTL) projects and signed a memorandum of understanding (MoU) with Sinopec for synthetic natural gas plants.

A fledgling producer of iron ore, molybdenum, fluorspar and zinc alongside its big three minerals – copper, gold and coal – Mongolia’s extensive deposits hold significant promise for further diversifying output. However, moving from exploration to mining for new minerals such as uranium and rare earths will depend on high-level government support. While output of...

A perfect storm of falling commodity prices and policy changes since May 2012 has taken its toll on mining investment, heightening fiscal pressure on the state to rebuild investor confidence. Having repealed the restrictive Strategic Entities Foreign Investment Law (SEFIL) with the new Investment Law of October 2013, which grants equal treatment to local and foreign...

 

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

Chapter | The Guide from The Report: Mongolia 2015

This chapter contains useful facts for visitors, a list of suggested hotels, as well as phone numbers for important contacts, including ministries, foreign missions and airlines. It also contains features pieces on Mongolian fine artist, G. Zanzabar, and the country’s unique tourism opportunities in its rural expanses.

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