Market Assessment of Critical Minerals in Mongolia

As the clean energy transition gathers pace, this report shows how Mongolia can maximize the potential of its critical mineral deposits by bolstering infrastructure and foreign investment to drive revenue, create jobs, and diversify its economy. The market assessment identifies current and predicted global market trends for minerals in clean energy technology supply chains, and maps these against opportunities for Mongolia based on technical and economic viability. By leveraging its vast mineral resources, it can achieve sustainable economic growth while contributing to global efforts to mitigate climate change. Noting its proximity to major Asian consumers, the market assessment explains how stronger environmental, social and government standards, investor-friendly policies, and strengthened capacity could help Mongolia benefit from global market trends.