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FILTERED INTERVIEW RESULTS

Tsolmon Gonchig

CEO AND CO-FOUNDER, TRIGTEQ
"By using advanced geological tools and software, professionals get the space in their mind and in their job to be more strategic and scientific."

Deirdrė Lingenfelder

CEO, OYU TOLGOI (OT)
"As we ramp up the underground, Oyu Tolgoi will become an incredibly efficient operation, moving into the C1 cost curve in the next five to 10 years."

Soyol-Erdene Tsegmid

CEO, TITANOBEL MONGOLIA
"In 2019, we established a JV between Titanobel and Max Group to develop explosive production and blasting services for Mongolia’s mining sector."

Brad Clarke

MANAGING DIRECTOR, SANDVIK MONGOLIA
"We are implementing AutoMine® Fleet system at the OT, creating a digitalized ecosystem that allows the operator to monitor and change more activities rather than a single-cycle mining activity."

Norihiko Kato

CHIEF EXECUTIVE OFFICER, GOLOMT BANK
"The financial capacity of Mongolia’s local commercial banks has improved significantly in recent years."

Ganbaatar Jambal

MINISTER, MINISTRY OF MINING AND HEAVY INDUSTRIES
"The main reform we are undertaking is the re-drafting of the Mineral Resources Law to facilitate the investment environment in the mineral sector and provide clarity."

Ali Haji

CEO, ION ENERGY
"Nobody else has yet gone after brine in Mongolia."

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MACIG 2025 - Mining in Africa Country Investment Guide

It is said that mining is a patient industry. Current demand projections are not. Demand for minerals deemed ‘critical’ is set to increase almost fourfold by 2030, according to the UN. Demand for nickel, cobalt and lithium is predicted to double, triple and rise ten-fold, respectively, between 2022 and 2050. The world will need to mine more copper between 2018 and 2050 than it has mined throughout history. 2050 is also the deadline to curb emissions before reaching a point of ‘no return.’ The pace of mineral demand and the consequences of not meeting it force the industry to act fast and take more risks. Mining cannot afford to be a patient industry anymore. The scramble for supply drives miners back to geological credentials, and therefore to places like the African Central Copperbelt.

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