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S.Narantsogt, CEO of Erdenes Mongolia LLC, discussed strategically important initiatives, including the establishment of an industrial complex outlined in the medium-term strategic plans of the Erdenes Mongolia group. He also highlighted the investment agreement with the French state-owned company Orano Mining.
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To bolster Mongolia’s sustainable-finance market and create jobs while increasing resilience, IFC is investing up to $100 million in the country’s first-ever social bond, which will be issued by Khan Bank, the country’s largest commercial bank.
Countries are formulating their mining sector policies. This entail decisions on the inclusion of specific minerals in their critical mineral lists that have emerged as essential components of national mining sector strategies.
Professional organizations have been discussing the formulation of Mongolia’s policy d on the minerals to incorporate into the list and drafted initial proposals.