PUBLICATION

Global Business Reports

AUTHORS

Aya Turk, Joshua Russell

Mongolia Mining 2025

September 09, 2025

Mining continues to play a starring role in the development of Mongolia. The European Bank for Reconstruction and Development reported a year-on-year growth of 21.1% in the sector in their 2025 Transition Report, stating that it is responsible for 35% of Mongolia’s GDP and 95% of total exports. This is due to a surge in production from the country’s largest mine, Oyu Tolgoi, but growth is found across the entire mining value chain.

As companies look to modernize their operations, equipment, and technology, companies both from abroad and domestically are entering the mining market. At a rapid pace, electric equipment, autonomous vehicles, and many other innovations are propelling Mongolia to be a technological leader in the mining world. Such rapid development does, however, come with challenges, as companies are searching high and low for the skilled labor needed to support the expansions and improvements currently in the pipeline. 

The Mongolia Mining 2025 Report brings together over 50 voices of the country’s entire mining value chain, from the government and policymakers to executives and industry leaders. Produced through in-depth interviews and on-the-ground research, the report captures the priorities shaping Mongolia’s mining sector, including governance, investment frameworks, ESG commitments, and operational innovation.

Distributed physically at some of the world’s largest mining conferences, the report serves as a strategic resource for global investors, local stakeholders, and decision-makers seeking a comprehensive view of Mongolia’s mining landscape and its role in the global energy transition.

RELATED INTERVIEWS MORE INTERVIEWS

"We will continue to pursue our ambition to develop a flagship REE project in Mongolia."
"Mongolia holds significant long-term promise, but like many resource-rich nations, realizing that potential will depend on how well governance aligns with market conditions and investor expectations."
"Oyu Tolgoi is proactive in testing and adopting new underground mining technologies, positioning itself at the forefront of innovation."
"The government’s commitment to the mining sector, combined with the growth of new resources, will keep Mongolia at the forefront of global mining."

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