A mining and metallurgical complex will be created in the Bayan-Undur somon of the Mongolian aimag Orkhon. The corresponding decision was made at a regular government meeting on Wednesday.
In view of this, it was decided to issue a license for the management of an industrial and technological park to the Mongolian state-owned enterprise Erdenet Mining Corporation. It will build a plant for the smelting and processing of copper concentrate, a plant for the processing of oxidized ores, and a plant for the production of sulfuric acid and emulsion explosives.
As noted, as a result of the implementation of this project, it will be possible to fully use the resources of the strategic field "Erdenet Ovoo", to bring it into economic circulation and to benefit from it. On the other hand, it will contribute to the development of competitive and high-tech industrial clusters, to manufacture final products and supply them to the market, develop the city of Erdenet and create about 1000 new vacancies in the region.