“Mining sector income will increase from USD 5.3 billion to USD 12.5 billion”
During the discussion that took place on setting up a sovereign wealth fund in Mongolia, the results of a study carried out on the outlook for Mongolia’s mining sector by the company, ‘CRU Consulting’. According to the study, the Mongolian mining sector is expected to have rapid growth until the year of 2030, specifically for the sectors of copper and coal. As investment is made in the sectors to increase its capacity, the two sectors are estimated to expand to a size that is two times as much as it is currently in the next 10 years.
839 days