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Austrade launches the ‘Mongolian Mining Projects Report 2011’ at the Mongolia Australia Business Forum

Sydney, NSW, Australia (News4us.com) February 21, 2011

Mongolian Mining Projects 2 Austrade  launches the ‘Mongolian Mining Projects Report 2011’ at the Mongolia Australia Business Forum

Austrade launches the ‘Mongolian Mining Projects Report 2011’ at the Mongolia Australia Business Forum

Austrade’s Mongolian Mining Projects Report 2011 was launched today in Sydney at the Mongolia Australia Business Forum.

The report is a useful compendium for companies wanting to understand new mining opportunities in Mongolia, its system of mining regulations and the resources market of North Asia.

Australia’s Trade Minister, Craig Emerson, has welcomed a new Austrade report today that outlines promising investment opportunities for Australian mining companies in Mongolia.

Austrade’s Mongolian Mining Projects Report 2011 was launched today at the Mongolia Australia Business Forum in Sydney, in the presence of Mongolia’s visiting Prime Minister, His Excellency Mr Sukhbaatar Batbold, and an accompanying business delegation.

“Australia and Mongolia are natural partners in minerals development and there are real opportunities in Mongolia for Australian mining companies,” Dr Emerson said.

“This report is a useful resource for Australian mining companies wanting to understand more about Mongolia’s mineral resources, its system of mining regulation and the broader market for resources in North Asia, including rare earths.”

Mongolia’s mining sector has some of the world’s richest deposits of gold and copper, uranium, coal, fluorspar and rare earths such as tantalum, niobium, yttrium and zircon.

Mining accounts for the majority of Mongolia’s exports and its industry has benefited in recent years from increased foreign investment and the application of foreign technical expertise to new mines.

“Australia’s long-standing expertise in mining and mining services continues to offer Mongolia the opportunity to use the best technologies in the world to manage their mining operations,” Dr Emerson said.

“The fact that many Mongolians are now being educated in Australia under our scholarship programs and then returning to leading roles in Mongolian business and government is also creating closer and friendlier ties, and the Australian Government welcomes that development.”

The Mongolian Mining Projects Report 2011 can be viewed by clicking here.


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Posted by on Feb 21 2011. Filed under Business, Featured News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

1 Comment for “Austrade launches the ‘Mongolian Mining Projects Report 2011’ at the Mongolia Australia Business Forum”

  1. artash

    Mongolia may yet become the world’s biggest mining country. A special opportunity for Sydney Mining Club members with an interest in the Mongolian mining industry is appropriated. I have heard also a Western Australian successful engineer Paul Deuchar is interested in these projects. Very good to hear from this guy.

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