Mining IQ

Mining Journal - Mongolia: The New Frontier

Once Rio Tinto’s Oyu Tolgoi comes into production, Mongolia will become a major global exporter of copper and gold and the country is already being forecast within the industry as one of the three top locations that will meet the growing global demand for those commodities.

Certainly copper prices are set to increase as the supply/demand gap widens and expanding industries adopt the metal for a wide range of end user applications.

As reported in Mining Journal in June, not only is copper used in conventional electronic and communication applications but its uses are diversifying into aquaculture, healthcare, renewable energy and eco-friendly transport solutions.
This was originally published with Mining Journal
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Mining Journal - Mongolia: The New Frontier.

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