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UK READY TO PARTNER WITH MONGOLIA ON CRITICAL MINERALS
The Mongolian Critical Minerals Association (MCMA) held its 3rd Annual Seminar last week under the theme "Roadmap for Mongolian Critical Minerals Development: Shaping Mongolia's Role in the Global Transition." The event brought together global experts, government representatives, and academics to discuss the global outlook for critical minerals, Mongolia’s economic opportunities through 2050, ESG standards, sustainable sourcing, and the investment climate.
RIO TINTO WEIGHS UP RARE EARTHS MARKET
Rio Tinto (ASX: RIO) is weighing a move into rare earths and other critical minerals as it responds to shifting global market dynamics and trade tensions. Following the company’s annual general meeting in Perth on Thursday, chief executive Jakob Stausholm said the board had discussed rare earths this week and would take a “serious look” at their potential role in Rio Tinto’s portfolio.
S.OYUNBAT: WE NEED TO THOROUGHLY EXPLORE THE RARE EARTH MINERALS IN OUR COUNTRY
Rare earth elements are a relatively new topic for our country's mineral sector. However, S.Oyunbat, a Mongolian consultant geologist with a PhD, is quite familiar with these elements. Geo-Info, a consulting company specializing in geo-information and exploration, was established by S.Oyunbat and has been active in the field since 2008. The company discovered the Ulaan Del rare earth element deposit in Uvs aimag. In 2018, the mineralization reserve was presented to the Professional Council of Mineral Resources, discussed, and subsequently registered as a rare earth element (REE) deposit in Mongolia's Mineral Resources Fund.
