Mining Minister delivers speech at IMARC Mines & Money Conference

2022-11-04 15:16:15

Ulaanbaatar /MONTSAME/. During his working visit to Sydney, Australia, Minister of Mining and Heavy Industry of Mongolia J. Ganbaatar delivered a speech on "Resources and Opportunities of Mongolia's Mineral Resources Industry" at the IMARC Mines & Money Conference.

In the speech, Minister Ganbaatar informed the investors about the mineral resources of Mongolia, especially copper, rare earth elements, and other mineral resources that will increase in value in the future.

“He also shared information about the main problem faced by investors, which is the method of calculation when transferring special licenses for minerals, and updating the legal regulations of Mineral Royalties Tax”, the Ministry of Mining and Heavy Industry of Mongolia reported.

A large number of representatives who invested and who are interested in investing in Mongolia participated in the conference.