From an exploration standpoint, what is your opinion on the overall potential of Mongolia?
Energy
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Interviews & Viewpoints | George Lloyd, Managing Director, Xanadu Mines: Interview from The Report: Mongolia 2015
Articles & Analysis | Local petroleum refining capacity becoming increasingly attractive in Mongolia from The Report: Mongolia 2015
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.
Interviews & Viewpoints | G. Batsukh, Chairman, Oyu Tolgoi: Interview from The Report: Mongolia 2015
Could you update us on production and sales during phase one of the Oyu Tolgoi mining project?
Despite abundant resources, Mongolia has struggled to shore up its energy security and decrease its dependence on Russia for refined fuel and electricity. The government has made some headway in diversifying fuel imports and improving its terms of trade, while several mid-stream projects could develop domestic refined fuel production. Meanwhile, important refurbishments of Mongolia’s ageing...
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.