1、In the 18 months since GBRs last report on Mongolias mining industry,numerous changes have taken place across the country.Despite winning re-election in June 2024,Prime Minister Luvsannamsrain Oyun-Erdene resigned less than a year later.This created a level of uncertainty about the role mining will
2、play in Mongolias development.Industry leaders hope that new Prime Minister Zandanshatar will continue the supportive rhetoric and policy initiatives of his predecessor.Early signs suggest this is already happening.The Gold-3 initiative maintains the momentum for updates to the Minerals Law and effo
3、rts to streamline the investment process,emphasizing that Mongolias top industry remains a priority.While copper and coal have received most global media attention regarding Mongolia,the nation is actively working to diversify its mineral base and establish itself as a key player in the global energ
4、y transition.With a uranium deal signed and a new gold mine about to begin production,Mongolias mineral wealth is increasingly recognized throughout the mining world.Alongside various programs and initiatives,modernizing the mining industry is a stated goal of the new government.This involves bringi
5、ng in new technologies and attracting younger generations to the industry.Past issues with poor community relations and irresponsible practices have tarnished the reputation of mining in Mongolia,and improving standards will be crucial to unlocking the countrys mineral potential.This focus is especi
6、ally evident among the companies providing the services and equipment required to keep Mongolias mines operational,from multinational OEMs to local consultancy firms.GBRs Mongolia Mining 2025 examines the trends shaping the industry,featuring interviews with over 50 executives,government officials,a