MINING

MINING

Mongolia has substantial natural resources and minerals, which promise an unprecedented growth potential. Mongolia as a one of the world’s leading mineral resources has over 8,000 occurrences and 80 types of minerals and metals in the 1170 minefield and high prospective for copper, base metals, gold, coal and uranium.

Mining sector is the key driver of the economy

Mongolia is richly endowed with mineral resources and the country is aiming to unlock its mineral wealth by cooperating with our investors.

Mongolia is exporting over 14 types of minerals and China is the single biggest importer. Mongolia has become the largest coking coal exporter (44% as of July 2019) to China, surpassing Australia and Russia.