As the world moves away from coal and towards clean energy, Mongolia is at a critical juncture. The country now faces an important choice: whether to remain dependent on its traditional coal exports or to seize this opportunity to harness its vast copper and rare earths resources to diversify its economy as well as its mining sector.
This policy brief examines Mongolia’s immense potential in copper and rare earths, highlighting the strategic and diplomatic opportunities these resources offer in the context of global energy transition.
The brief also investigates the policy, infrastructure, and investment considerations necessary for Mongolia to expand its renewable energy capacity and position itself as an emerging player in the rapidly evolving global energy landscape.
