"The government’s commitment to the mining sector, combined with the growth of new resources, will keep Mongolia at the forefront of global mining."

Zorigtsaikhan Tumenzorigt

DIRECTOR OF BUSINESS DEVELOPMENT, FLS MONGOLIA

September 26, 2025

Can you introduce FLS Mongolia? 

FLS Mongolia now operates with 47 staff across a service shop and sales office in Ulaanbaatar. Our major projects include working with Oyu Tolgoi, Erdenet Mining Corporation, MAK, Boroo Gold, and UHG. We support clients in maintaining sustainable, long-term operations. 

What is the current economic climate in Mongolia?

The mining sector remains the backbone of Mongolia’s economy, accounting for approximately 60-70% of the country’s economic output. Changes in commodity prices can have significant effects, as seen in 2008, 2014, and the downturn in 2020. The government is increasing gold exploration and supporting local firms through tax cuts and foreign investment incentives. 

How does FLS integrate modern technology and innovation into the mining solutions?

We focus on reducing water usage, enhancing maintenance, and helping customers prevent issues proactively. By introducing modern technologies, we can help customers reduce operational costs. For example, we recently modernized the flotation section at the Erdenet Mining Corporation mine, reducing the number of cells from 67 to 22. This not only improved efficiency but also saved significant amounts of electricity. 

What factors do your clients consider when choosing FLS?

The competition in Mongolia is tough, particularly due to the presence of Chinese companies with lower-priced equipment. But for long-term projects, durability and reliability often outweigh initial costs. FLS offers complete, high-standard solutions backed by performance guarantees. This commitment to quality, along with our strong reputation, helps set us apart from competitors. 

What progress has the company made toward its net-zero goals?

FLS is committed to net-zero emissions by 2030. On the local level, FLS Mongolia is taking practical steps, such as reducing plastic use in our office, encouraging recycling, and minimizing paper usage. For our customers, we aim to help them save energy, reduce water usage, and improve their overall environmental impact.

What challenges have you encountered related to the workforce in Mongolia?

The high turnover rate in the mining sector, especially among younger engineers, is a challenge. Many people leave Mongolia for better opportunities abroad, such as in South Korea or Australia. However, one of the benefits of working for an international company like FLS is the opportunity for employees to relocate to other branches around the world. This appeals to young engineers seeking global experience. At FLS, we try to show them that they can grow within the company. It is also important to create an environment where they feel they are making a real difference, both in their professional lives and in the larger context of Mongolia’s mining development.

What opportunities do you foresee for FLS moving forward?

We aim to be the go-to partner for any new mining project in Mongolia. The country has a wealth of untapped resources, including gold, copper, uranium, and lithium, and as these sectors grow, FLS is ready to support their development. We are focused on long-term relationships with customers, ensuring that we are there every step of the way as new mines come online.

What are your thoughts on the relationship between the public and private sectors in Mongolia’s mining industry?

Historically, there has been some scepticism about mining in Mongolia, often due to misunderstandings about its role in the economy. However, with recent changes in government, particularly with the younger generation now in office, there is a shift towards a more development-focused approach. The government recognizes the importance of mining for the country’s growth and is working to support it through policies that encourage foreign investment and sustainability. At FLS, we have seen this shift firsthand and are excited about the potential for further collaboration between the public and private sectors. 

What are your plans for FLS Mongolia in the coming years, and how do you see the future of mining in Mongolia?

The future of mining in Mongolia is incredibly bright. Our focus will remain on providing high-quality solutions, modern technologies, and long-term partnerships with clients. We also plan to strengthen our position as a leader in mineral processing by expanding our capabilities and expertise. The government’s commitment to the mining sector, combined with the growth of new resources, will keep Mongolia at the forefront of global mining, and FLS Mongolia will be there every step of the way to support this development.

INTERVIEWS MORE INTERVIEWS

"The government’s commitment to the mining sector, combined with the growth of new resources, will keep Mongolia at the forefront of global mining."
"South Africa faces a looming coal shortage as existing producers struggle to remain competitive, creating opportunities for Botswana coal."
"Our core priority is reinventing Braskem to ensure long-term competitiveness by diversifying raw materials and advancing renewable solutions."
"We see autonomous drilling as an enabler for greater inclusivity in the workforce."

RECENT PUBLICATIONS

Latam North and Caribbean Mining 2025

The Latam North and Caribbean Mining 2025 report adopts a regional formula to promote cross-border investment. Each country is given room to shine individually, while also being woven into broader narratives.

MORE PREVIOUSLY PUBLISHED

MACIG

"South Africa faces a looming coal shortage as existing producers struggle to remain competitive, creating opportunities for Botswana coal."

SUBSCRIBE TO OUR NEWSLETTER