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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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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.
4 days ago


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.
5 days ago


Mongolia’s AI Push Needs A Verification Standard
American Technology Week 2026 in Ulaanbaatar brings artificial intelligence with a focus on efficiency, risk, governance, and responsible implementation. Photo by Milad Fakurian on Unsplash Mongolia should add one practical requirement to that agenda by requiring every organization adopting AI to define how its work is verified before action is taken. AI makes it cheap to produce a first answer. A wrong answer can still be expensive to absorb. A polished summary can omit a cr
6 days ago


Mongolia’s Supplementary Budget Turns Temporary Savings Into Permanent Costs
Mongolia’s supplementary budget may be fiscally neutral today, but higher wages and pensions could lock permanent costs into future budgets.
Sep 1


Mongolia’s AI Data Center Ambition Needs More Than Cold Air and Cheap Power
Mongolia wants to become an AI data centre hub, but weak power grids and limited connectivity may matter more than cold air and cheap energy.
Aug 31


Mongolia Budget: Why Central Bank Raised Rates Ahead of Fiscal Debate
The Bank of Mongolia raised interest rates to 12.5% to signal fiscal restraint ahead of the upcoming Mongolia budget debate.
Aug 26


Mongolia Oil Refinery Bet to Escape Russian Fuel Dependency
Mongolia’s $1.7B oil refinery will not likely bring total fuel independence. It trades Russian energy risk for Chinese crude, Indian debt, and coal-backed funding.
Aug 25


Mongolia’s 2.1 Trillion Budget Deficit Demands More Than Minor Spending Cuts
As deficit hits 2.1T tugriks, administrative cuts fail to stabilize the Mongolia budget. Discover why fiscal consolidation requires structural spending limits.
Aug 19


Mongolia's Fuel Crisis Shows the Cost of Managing Prices
Mongolia fuel crisis deepens as latest rationing reveals how price controls, Russian dependency, and rail bottlenecks aggravate shortages.
Aug 18


How Mongolia’s Smart Selbe Project Impacts Urban Housing Costs
Mongolia’s Smart Selbe City project tests municipal debt and price controls. Read analysis on Mongolia's urban housing development.
Aug 11

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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