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Mongolia H2 2026 Outlook: Oyu Tolgoi Leverage and Mining Reform Risks
H2 2026 Mongolia Outlook: Expert analysis on Prime Minister Uchral's economic liberation agenda, fiscal risks, and the Oyu Tolgoi negotiations.
Politics
Economy and Mining
Global Affairs
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Mongolia Budget Breaks the Fiscal Rules. Parliament Rewrites Them.
Mongolia budget spends 19.4% over parliament's ceiling. Auditors object, parliament rewrites the rules, inflation takes back November's rises.
2 days ago
Mongolia Eyes $5.5B Foreign Investment with 30-Day Complaint Guarantee
Mongolia guarantees 30-day complaint resolutions to attract $5.5B in foreign investment, but political friction and past reforms test its credibility.
3 days ago
Mongolia Chooses Gobi Renewables to Power Oyu Tolgoi Mine
Mongolia awards Gobi Renewables auction to power Oyu Tolgoi mine, shifting Chinese energy imports. Will it solve true energy sovereignty?
4 days ago
Rio Tinto and Mongolia Revise Oyu Tolgoi Terms, Targeting First Dividends in 2027
Rio Tinto and Mongolia revise Oyu Tolgoi terms, cutting financing rates to SOFR plus 4% and targeting government dividend payouts starting in 2027.
Sep 29
Why Mongolia's Ruling Party Can't Pass Its Budget Despite a Parliamentary Majority
Mongolia’s ruling MPP has a majority, yet internal absences and opposition challenges stall the Mongolia budget. Here is why passing it is proving so difficult.
Sep 24
Mongolia Taps BlackRock to Drive State-Owned Enterprise Privatization
Mongolia partners with BlackRock to reform its $16.8B state-owned enterprise sector. Can market discipline overcome political control in Ulaanbaatar’s SOE reforms?
Sep 23
Why Mongolia’s Economy Is Growing Faster Than Its Tax Base
Mongolia’s economy grows 7.6% but masks a $608M budget deficit. Discover why booming mining exports fail to cover government spending costs and what lies ahead.
Sep 22
Mongolian Prime Minister Uchral Turns Oyu Tolgoi Dividends Into a 2027 Budget Pillar
Mongolia’s 2027 budget hinges on Oyu Tolgoi and mining sector dividends. Can PM Uchral balance tax relief, wage hikes, and mining revenue risks?
Sep 15
Why Mongolia Is Building a $800M Steel Plant Next to China
Mongolia plans an $800m steel plant near China to strengthen supply security, but faces a familiar trade-off between resilience and competitiveness.
Sep 9
How Tariff Freezes and Subsidies Delay Mongolia’s Energy Sector Reform
Mongolia is hedging winter energy risks with Chinese power supply, but tariff freezes threaten the grid's financial survival. Here is how price controls fail.
Sep 8
Spot the Opportunities. Navigate the Risks
Independent analysis of Mongolia's politics, economy and geopolitics risks. The essential weekly briefing for investors, policymakers, diplomats and anyone who needs to understand where Mongolia is heading.
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