THE DELEGATION FROM MINISTRY OF MINING ATTENDED AT THE “METALS AND MINING” CONFERENCE IN LONDON

State Secretary of Ministry of Mining and Heavy Industry Mr. G.Nandinjargal has delivered a keynote speech on Mongolian mining industry at the “LSEG EMEA Metals & Mining” conference, held in London on 1 November 2019.

In his speech, State Secretary highlighted the importance of the mining sector in the Mongolian economy, which it accounts for 24% of GDP, 72% of the industrial sector, 70% of the FDI, 89% of total exports as of 1Q of 2019 and eventually he encouraged participants to invest in Mongolian rich mineral resource sector.

Furthermore, representatives of the Ministry of Mining and Heavy Industry and “ETT mining” company made a presentation on current state of Mongolia’s Petroleum and Heavy Industry and preparation of ETT IPO.