CABINET SUPPORTS CONSTRUCTION OF A COPPER CONCENTRATOR PLANT IN UMNUGOVI PROVINCE
During their regular session on March 15, Cabinet discussed and supported the construction of a copper concentrator plant in Khanbogd soum in Umnugovi Province.
Minister of Mining Ts.Dashdorj was given the responsibility of exploring potential partners to invest in the project and to establish contracts. The government is to hold a minimum ten percent stake in the plant without investing in the project.
The plant is expected to be able to process one million tons of copper concentrate annually, and is being planned to be operational by 2020. Experts and officials from the Mining Ministry have stated that building the concentrator at Khanbogd soum, next to Oyu Tolgoi, will cut costs for transportation and other expenses.
Minister of Environment and Tourism D.Oyunkhorol was delegated with researching and choosing between the Orkhon Gobi, Kherlen Gobi, and the Ongi Gobi projects to supply water to the Oyu Tolgoi concentrator plant, a coal washing plant, a proposed power plant at Tavan Tolgoi, and the newly proposed concentrator.