Mongolia Mining 2019 features traditional mining
The expo is expected to promote mining companies’ social responsibility
2 сар, 2 долоо хоног өмнө
Mongolia Mining 2019 International Mining & Oil Expo opens for the 9th consecutive year under the theme Responsible Mining-Sustainable Development at the Buyant Ukhaa Sports Palace. The expo will continue until April 12, 2019. The expo aims at featuring traditional mining and emerging oil industries of Mongolia with exhibitors and visitors representing the industry's major companies and the largest number of professionals.
"The mining industry plays an important role in Mongolia's economy. It is making up 87 percent of exports, 72 percent of industrial products, 24 percent of the gross domestic product and foreign capital, as well as 75 percent of the investment. In the first two months of 2019, Mongolia produced a total of 8 million tons of coal, 239.000 tons of copper concentrate, 856.2 kg of gold, 817 tons of molybdenum concentrate, 383.3 thousand tons of iron ore concentrate, 1.3 thousand tons of fluorspar concentrate, 15.900 tons of zinc concentrate, 1.1 million barrels of oil. Coal export increased by 1.5 million tons or 23.1 percent, copper concentrate 30.900 tons or 14.8 percent, ironore concentrate 32.600 tons or 9.3 percent, and zinc concentrate 1.000 tons or 6.7 percent respectively, compared to the same period of previous year," said the Deputy Minister of Mining and Heavy Industry Zagdjav Deleg said in his opening speech.
About 150 mining companies from over 20 countries including Canada, Czech Republic, Australia, USA, Germany, Kazakhstan, and Turkey are participating in the mining exhibitions and introducing their technical services.
The expo is organized by Minex Mongolia LLC with the support of the Ministry of Mining and Heavy Industry, Mongolian National Chamber of Commerce and Industry, Mineral Resources and Petroleum Authority, and Oyu Tolgoi LLC. Transwest Mongolia LLC, Tsbon LLC, Tsgn LLC, and Hera Equipment are the sponsors.
The expo is expected to promote mining companies’ social responsibility, environmentally friendly operations including the rehabilitation, and investments.