{"id":8672,"date":"2026-04-20T13:55:52","date_gmt":"2026-04-20T05:55:52","guid":{"rendered":"https:\/\/investmongolia.gov.mn\/mn\/?page_id=8672"},"modified":"2026-09-11T17:25:07","modified_gmt":"2026-09-11T09:25:07","slug":"%d1%8d%d0%ba%d1%81%d0%bf%d0%be%d1%80%d1%82%d1%8b%d0%bd-%d1%82%d1%8d%d1%80%d0%b3%d2%af%d2%af%d0%bb%d1%8d%d1%85-%d1%81%d0%b0%d0%bb%d0%b1%d0%b0%d1%80","status":"publish","type":"page","link":"https:\/\/www.investmongolia.gov.mn\/en\/?page_id=8672","title":{"rendered":"Sectors and Opportunities"},"content":{"rendered":"[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” top_padding=”3%” bottom_padding=”3%” right_padding_desktop=”0″ right_margin=”0″ text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” shape_divider_position=”bottom” bg_image_animation=”none” shape_type=”” gradient_type=”advanced” advanced_gradient_display_type=”linear”][vc_column right_padding_desktop=”0″ right_margin=”0″ column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid” column_padding_type=”advanced” gradient_type=”default”][vc_row_inner column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” text_align=”left” row_position=”default” row_position_tablet=”inherit” row_position_phone=”inherit” overflow=”visible” pointer_events=”all”][vc_column_inner column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” overflow=”visible” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1\/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]\n

Priority Export Sectors<\/strong><\/p>\n

Mongolia offers diverse investment opportunities across strategic sectors with strong growth potential, supported by its abundant natural resources, favorable market conditions and ongoing economic reforms.<\/p>\n

Key priority sectors include:<\/p>\n[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][tabbed_section style=”vertical_modern” tab_color=”Extra-Color-1″ vs_content_animation=”fade” vs_link_animation=”opacity” vs_navigation_alignment=”left” vs_navigation_width_2=”25%” vs_navigation_func=”default” vs_navigation_width=”regular” vs_navigation_spacing=”15px” vs_navigation_mobile_display=”visible” vs_tab_spacing=”5%” el_class=”full-width”][tab icon_family=”iconsmind” title=”MINING AND CRITICAL MINERALS” id=”1789118695544-2″ tab_id=”1789118695544-4″ icon_iconsmind=”iconsmind-Factory2″][vc_column_text max_width=”700px”]MINING AND CRITICAL MINERALS\u00a0<\/strong><\/p>\n

The mining sector is a key economic driver of Mongolia. Consequently, the primary law governing the sector, the Minerals Law of 2006, is amended regularly to reflect new developments. The most recent amendment was passed in April 2024, which notably modified provisions for exploration tenement tenders and license issuance.
\nA noteworthy provision of the Minerals Law is that all mineral resources naturally occurring on or beneath Mongolia\u2019s surface are the property of the State. The State therefore reserves the exclusive right to grant exploration and mining licenses. Furthermore, a mineral deposit can be classified as \u201cStrategic\u201d by the Government if it may impact
\nnational security, influence national or regional economic and social development, or if it produces (or has the potential to produce) more than 5% of the country\u2019s total annual GDP. It is prohibited for any person, either alone or jointly with an affiliated entity, to own more than 34 percent of the total issued shares of a legal entity that holds a special license for a strategic mineral deposit.<\/p>\n

Mongolia has exceptional geological potential for mineral development, with strong growth prospects in copper, base metals, gold, coal and uranium. It is worth noting however, that this potential remains largely untapped; systematic geological mapping has so far covered only 40% of the country\u2019s vast territory. While the central and eastern regions have been relatively well-explored, significant untapped potential remains in the under-explored western part of the country. The mining sector is the cornerstone of Mongolia’s economy, accounting for approximately 90% of total exports, with copper, gold and coal as the primary drivers. The sector is the primary source of foreign direct investment and remains structurally critical for Mongolia’s macroeconomic stability.<\/p>\n

The Ministry of Mining and Heavy Industry (MMHI) is responsible for the development and coordination of legislative frameworks, strategic programs and sectoral initiatives. Under its purview, the Mineral Resources and Petroleum Authority of Mongolia (MRPAM) functions as the central regulatory body, mandated to issue exploration and mining licenses, enforce compliance with the Minerals Law and Petroleum Law, monitor environmental and operational standards and facilitate investment in the extractive industries. The country is considered one of the world’s key suppliers of copper and coal.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Mineral<\/th>\nKey Deposits<\/th>\nSignificance<\/th>\n<\/tr>\n<\/thead>\n
Coal<\/strong><\/td>\nTavan Tolgoi, Nariin Sukhait, Baganuur, Shivee Ovoo<\/td>\nLargest export commodity<\/td>\n<\/tr>\n
Copper<\/strong><\/td>\nOyu Tolgoi, Erdenet, Tsagaan Suvraga<\/td>\nCritical for global electrification<\/td>\n<\/tr>\n
Gold<\/strong><\/td>\nBoroo, Gatsuurt<\/td>\nSignificant export earner<\/td>\n<\/tr>\n
Uranium<\/strong><\/td>\nMardai, Dornod, Gurvan Bulag<\/td>\nStrategic resource<\/td>\n<\/tr>\n
Iron Ore<\/strong><\/td>\nTumurtei<\/td>\nKey industrial mineral<\/td>\n<\/tr>\n
Rare Earth Elements<\/strong><\/td>\nVarious emerging deposits<\/td>\nEmerging sector<\/td>\n<\/tr>\n
Zinc & Lead<\/strong><\/td>\nTumurtei<\/td>\nImportant base metals<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source:<\/strong> Ministry of Mining and Heavy Industry; Mineral Resources and Petroleum Authority of Mongolia<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
Key Project<\/th>\nProject Description<\/th>\nStatus<\/th>\nKey Details & Significance<\/th>\n<\/tr>\n<\/thead>\n
Oyu Tolgoi Copper-Gold Mine<\/strong><\/td>\nJoint venture with Rio Tinto; one of the world’s largest known
\ncopper-gold deposits<\/td>\n		Operational<\/strong>; underground block-caving phase ramping up<\/td>\n\n
    \n
  • Scaling to exceed 500,000 tons of copper concentrate annually<\/li>\n
  • Projected to account for a significant portion of Mongolia’s GDP when fully operational<\/li>\n
  • Recycles over 86% of operational water<\/li>\n
  • Substantial contributor to the state budget<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Tavan Tolgoi Coking Coal Basin<\/strong><\/td>\nOne of the world’s largest untapped coal deposits; backbone of
\nMongolia’s bulk exports<\/td>\n		Operational<\/strong>; expansion ongoing<\/td>\n\n
    \n
  • Largest export commodity<\/li>\n
  • Leverages digital exchange trading platform<\/li>\n
  • Borteeg deposit: 424.2 million tonnes reserves; 15 million tonnes annual capacity<\/li>\n
  • Projected MNT 4.4 trillion in taxes and fees over the first 10 years<\/li>\n
  • MNT 10.2 trillion expected to remain in the national economy<\/li>\n
  • 1,500+ new jobs in the Gobi region<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Erdenet Copper-Molybdenum Mine<\/strong><\/td>\nOne of Asia’s largest copper-molybdenum mines<\/td>\nOperational<\/strong><\/td>\n\n
    \n
  • Cornerstone of Mongolia’s mining sector<\/li>\n
  • Long-standing operations<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Zuuvch-Ovoo Uranium Project<\/strong><\/td>\nMongolia’s entry into high-tech energy supply chains; low-impact
\nIn-Situ Leaching (ISL) extraction<\/td>\n		Transitioning from pilot to full industrial production<\/strong><\/td>\n\n
    \n
  • Multi-billion-dollar lifetime investment with French nuclear firm Orano (Badrakh Energy JV)<\/li>\n
  • Mongolia retains >51% of direct economic benefits<\/li>\n
  • Positions Mongolia in the global nuclear supply chain<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Mining Commodity Exchange<\/strong><\/td>\nState-owned enterprise for transparent mining product trade<\/td>\nOperational<\/strong><\/td>\n\n
    \n
  • Ensures transparent trade<\/li>\n
  • Establishes fair pricing<\/li>\n
  • Supports a unified export policy<\/li>\n
  • Mandatory quality and standards testing<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Exploration License Digital Tendering<\/strong><\/td>\nDigitized exploration license selection process under the
\n“Digital Nation” initiative<\/td>\n		Operational<\/strong><\/td>\n\n