Mongolia first metallurgy processing plant to be operational by 2016

Mongolia is exporting nearly all excavated minerals due to an absence of metalluro' processing plant in its territory; thereby in order to seize the export flow of iron ore and work more profitable producing end-products locally, Mongolian Metalluro' Manufacturer Union, which was formed recently in the midst of this month, has decided to implement a project to build its own plant in Mongolia.

Though, a feasibility study for steel works to be constructed in Sainshand was made by"BoldTumurYeruu Gol"LLC and the Union agreed to start the project purposed to supply domestic demands.

Source - www.infomongolia.com

(www.steelguru.com)

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