Why The 2026 Mongolia Minerals Law Is A Mixed Bag For Investors
- Amar Adiya
- 28 minutes ago
- 3 min read
Mongolia has spent past decades trying to square an uncomfortable circle. It needs foreign capital and technical expertise to develop one of the world’s most under-explored mineral endowments, but it also wants a larger, more predictable share of the proceeds.
The Mongolia Minerals Law amendments, recently tabled in parliament, are the most ambitious attempt yet to resolve that tension. It will probably succeed on its own terms. Whether those terms are the right ones is a separate question.
The headline provision is designed to attract serious money. Under a new prospecting contract framework, a single investor can secure exclusivity over up to 150,000 hectares for two years. The intention is to attract the large, well-capitalised firms capable of deploying rapid airborne surveys and geochemical programs across difficult terrain. In a world hungry for copper, lithium, and other critical minerals, the timing is not coincidental.
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