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Tech

  • Ever since the Erdenet factory was established in 1978,copper has been the main pillar of the Mongolian economy. True, coal export revenue was more than that of copper from 2010 to 2013, but copper soon regained its pre-eminence, as data from 2014 and 2015 show. In keeping with global trends in the commodity markets, copper prices, too, have fallen, but despite that, copper is back driving the Mongolian economy, and promises to do so in the years to come.
  • The World Coal Association has called for greater investment in cleaner coal technologies, in order to meet growing global energy demand and reduce CO2 emissions.
  • German engineering giant Siemens recently organised Siemens Industry Day Mongolia 2014 in Ulaanbaatar to mark the 10th anniversary of the opening of its Mongolia office.
  • With prices falling globally and demand in China declining, coal miners in the country have had a rough time in recent years but even then, there is no argument about the continued importance of coal in the economy of Mongolia, and of its primacy as an export item.
  • Numerous studies and analyses have recently shown that the mining industry is facing serious challenges, including complex ores and declining grades together with increasing capital costs, exceeded project sche-dules and environmental regulations.
  • Some very big projects and industrial enterprises are soon to be commencing in Mongolia.  Nonetheless, without the necessary supply of fuel and energy, it is impossible to even imagine these large-scale endeavors.
  • ANDRITZ SEPARATION is part of international technology Group ANDRITZ –a globally leading supplier of plants, equipment,and services for solid/liquid separation in the municipal and industrial sectors, for hydropower stations, the pulp and paper industry, and the metal working and steel industries.ANDRITZ operates over 220 production sites as well as service and sales companies all around the world with a staff of approximately 23.700 employees.
  • MTU, the choice of engine for major OEMs, has been introduced into the Mongolian mining industry by Mongolian Star Melchers supported by Tognum Asia, the manufacturer of MTU. The manufacturers explain to our readers how MTU engine can contribute to the successful mining operations in Mongolia. 
  • A plant is under construction in the once-thriving copper-mining area of the Northern Cape that will make use of a new low-power South African-developed technology that is able to process stranded copper ore concentrates into 98%-pure copper crystals without the need for any smelting.
  • Oil shale is one of the most prolific hydrocarbon resources on earth. Massive deposits are found in a number of countries around the globe, including Australia, Brazil, China, Estonia, Israel, Jordan, and the United States. Preliminary geologic surveys and evidence from oil shale outcrops indicate that Mongolia may also have oil shale resources of a size and quality that are commercially viable. Today, only China and Estonia produce oil shale commercially. With the high price of oil, decline in world conventional oil reserves, and increasing competition for oil resources worldwide, many countries and oil companies are turning their attention to this significant source of oil as the next generation of petroleum supply. Mongolia may be favourably positioned to benefit from the development of oil shale.
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