Mongolia
Population (World Bank): 3,447,157 (2023)
Metal/Ore Exports (% of Total Merchandise Exports, World Bank): 30.9% (2022)
Petroleum Production (Million barrels per day, EIA): 14 Mb/d (2024)
Human Development Index (World Rank, UNDP): 96
2021 Resource Governance Index Score, Mining Sector (NRGI): 70/100
EITI Status: Moderate
Link to economic information (Atlas of Economic Complexity)
Policy documents that include local content relevant provisions:
State Policy on Petroleum Sector 2018-2027 (Mongolian)
Regulation on Minerals Prospection, Exploration and Exploitation Activities, 2018 (Mongolian)
Regulation on Issuance of Licence through Bidding, 2018 (Mongolian)
Regulation on Mineral Extraction and Artisanal and Small-scale Mining, 2017 (Mongolian)
State Industrial Policy, 2015 (Mongolian)
Local Content Relevant News:
Analysis and Case Studies:
Batzeveg Oyu-erdene (2022) – Fostering Innovation Ecosystem in Mongolia: A Study of Mongolian Strategy and Policy Toward Innovation
Fraser et al. (2021) – Local procurement, shared value, and sustainable development: A case study from the mining sector in Mongolia (Paywall)
Fraser et al. (2020) – Starting Local: Creating Value from Mining in Rural Communities
Rio Tinto (2016) – Why Agreements Matter: A Resource Guide for Integrating Agreements Into Communities and Social Performance Work at Rio Tinto
Relevant Initiatives: