Mining, minerals, and industrial sectors are fundamental pillars of Mongolia’s economy. The growth, advancements, and achievements in this sector serve as the backbone of the country’s overall economic expansion and sustainable development. The mining sector alone accounts for 30% of GDP, 72% of the industrial sector, 79% of foreign direct investment, 94% of exports, and a third of state budget revenue, underscoring the crucial role it plays in the nation’s economic framework.

​Mongolia’s Parliament has approved the investment agreement with French company Orano Mining, the investor behind the Badrakh Energy uranium project, and has authorized the cabinet to formalize the agreement.

The Government of Mongolia has decided to sign an Investment Agreement with Orano Mining on January 17.