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Home PRESS RELEASE Industry Tendency Mongolia-Another Dubai in the Future

Mongolia-Another Dubai in the Future

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Mongolia-Another Dubai in the Future

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Mongolia, another Dubai in the future? Because of the Mining Industry?

The year of 2011 is a global economic downturn period. However, Mongolia’s economy has grown by 17.3%. “ only because of the Oyu Tolgoi”, Laurenz Melchers, President of Mongolia Chamber of Commerce and CEO of MSM Group said that.

Oyu Tolgoi was only a desert to the south of Ulan Bator before Ivanhoe Mines, a Canada company, invested in the copper ore exploitation here. Development of this project is quickly. The annual copper ore output capacity is estimated to 0.45 million ton in the next year. This project will contribute a lot to the growth of Mongolia’s economy.

In addition to Oyu Tolgoi, the nearby Tavan Tolgoi, is the biggest un-exploited coal field. Some relevant persons are planning a joint listing both in Ulan Bator and London to raise about billions of US Dollars for the Tavan Tolgoi Mine. That is enough to double the capital in Ulan Bator Stock Exchange.

The abundant mineral resources are possible to enable Mongolia to become the second Dubai in the world. Mongolia only has 0.28 million people, while it has more than 80 types of proved resources, over 6000 mineral occurrences. Ores are mainly of copper, iron, coal, manganese, chromium, tungsten, molybdenum, aluminum, oil leaves mineralization, which are to be exploited.

Where there are ores or stones, there are crushers, such as jaw crusher, impact crusher, spring cone crusher, mobile crusher etc. our company are the professional and reliable manufacturer of crusher in China. More information about the crushers for mining industry, please feel free to contact us at any time.

 

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Zhengzhou Unique Industrial Equipment Co., Ltd.
ADD: 38 Nongke Road,  Zhengzhou City, Henan Province, China.
Zip Code: 450008
Tel: +86-371-63699132
Fax: +86-371-63935058
E-mail: info@sinounique.com



Contact info: Tel: +86-371-63699132  |  Fax: +86-371-63935058  |  E-mail: info@sinounique.com