Altan shireet industrial and technology park to open in 2025Economy
Ulaanbaatar /MONTSAME/ ‘Boldtumur Eruu River’ LLC is building the Altan shireet Industrial and Technology Park in Altanshiree soum of Dornogobi aimag between 2019 and 2025.
A factory with an annual capacity of 500 thousand tons of cast iron and other plants including iron ore wet processing, coal washing, coking coal and iron ore pellet plants, under construction on a 140 ha area, will be put into operation in 2025.
Moreover, the construction of a wet processing iron ore plant with an annual capacity of 2 million tons was launched in 2019 and the facility was put into operation after a trial in September 2021.
Highly competitive, value-added new export products are expected to be produced at Altan shireet industrial and technology park. Moreover, the raw iron ore export can be decreased as a result of local processing of iron ore, report the Ministry of Mining and Heavy Industry.