Mongolia Rethinks Mining Control
- Amar Adiya
- Oct 9
- 2 min read
Prime Minister Zandanshatar pivots from state stakes to royalties, seeking to revive investment.
Prime Minister Gombojavyn Zandanshatar is recalibrating Mongolia’s approach to its mineral wealth. One hundred days into his term, he is watering down his predecessor’s aggressive drive to seize equity in “strategic deposits.”
He is pushing royalties to the fore, while retaining a role for the state in selected projects as per the constitution. The adjustment seeks to restore investor confidence without abandoning state participation outright.
The shift became visible when Zandanshatar recently gathered executives from Mongolia’s largest private mining houses, including MCS and MAK.
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