WHY MONGOLIA?

Mining already constitutes 25% of GDP and makes up 84% of Mongolia’s exports, but it is estimated that at most, only a quarter of the country has been properly surveyed.
Close geographical proximity to the major markets: China, Japan and Korea.
Close to infrastructure and safe jurisdiction.
Emerging market. 2023 GDP growth forecast 5%.
Permitting process is relatively quick.
Many successful foreign mining companies operating in Mongolia (like Rio Tinto).
Government has committed to additional pro mining reforms.
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