Mongolia Mining Report Q4 2014

Business Monitor International
September 24, 2014
71 Pages - SKU: BMI5332182
Countries covered: Mongolia

Mongolia Mining Report Q4 2014

BMI View: The ongoing development of the Oyu Tolgoi (OT) copper and gold mine is set to transform theeconomic landscape of Mongolia over the coming years.We believe Mongolia is on the cusp of a mining boom. The development of the massive Oyu Tolgoi (OT)mine is set to transform the economic landscape of the country due to the impressive growth in copper andgold production over the coming years. The growth of the mining sector will dwarf other areas of theeconomy, leading to an increasing concentration of labour and wealth in this industry. Indeed, the OTproject is the biggest economic undertaking in Mongolia's history and will account for one-third of theeconomy once it becomes fully operational in 2021.

Tsakhiagiin Elbegdorj has strengthened the Democratic Party (DP)-led coalition government's position,which should make it easier to formulate and implement policies.



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