Although the mining industry was developing in Mongolia for numbers of years, the exploitation and concentration technologies of metal ores is still a young development with beginnings only from around 2000.
Our company has begun investing in and conducting geological exploration and survey work in regards to the exploitation of metal ores, ferrous metallurgy and steel since 2003.
The company has established the first iron ore beneficiation plant based on wet process in 2007 in Mongolia.
Furthermore, the company has established the country’s first crude iron manufacturing direct reduced iron plant in 2009.
The iron ore direct reduction technologies are gaining ever more popularity around the world in recent years due to environmental benefits and the non-usage of coking coals.