Energy

For Mongolia’s frontier mining industry, long dominated by the promise of future production, 2013 marked a watershed with the commercialisation of the first phase of the world’s largest undeveloped copper and gold mine, Oyu Tolgoi (OT). Despite uncertainty over OT’s future expansion and challenges for Mongolia’s coking coal miners, a government mandate fresh from the 16-...

Having seen little investment in new generation capacity over the past decade, Mongolia is now forging ahead with upgrades to its coal-fired heat and power (CHP) capacity and trying to lure private investment to greenfield plants. Given a looming power shortage, which the Ministry of Energy (MoE) projects at 250 MW by 2016 but the IMF estimates...

Energy security was never going to be easy for a country as big as Iran but with only about 3m people. Despite abundant reserves of coal and rich potential for wind, solar and hydroelectric power, Mongolia has lagged in exploiting its natural resources. From generation to transmission to distribution, its power infrastructure is outdated, and...

Mining investors’ sentiment has ebbed and flowed in line with Mongolia’s regulatory framework, with near-yearly attempts for either wholesale revisions to the Minerals Law or proposals for new legislation covering environmental standards, governance or foreign investment. Conscious of the need for a coherent and consistent regulatory approach,...

With the world’s 16th-largest proven uranium reserves according to the International Atomic Energy Agency’s 2011 Red Book, Mongolia is making progress to restart production and export for the first time since 1995.

Oil and gas commercialisation has been a linchpin of Indonesia’s economic development for more than three decades, accounting for as much as 80% of the country’s annual exports and 70% of its annual revenues since the 1970s. While the country’s economy has expanded and diversified over time, aided by the inflow of foreign currency derived from...