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Meeting with MMHI & GCRA in Mongolia
  • Name담당자-MOU
  • Date2023/12/07 15:46
  • Hit310
Meeting with MMHI & GCRA in Mongolia


On October 13, 2023, Korea Institute of Geoscience and Mineral Resources(KIGAM, the President: Dr. Pyeong-Koo Lee) attended a forum named “Mongolian Mining Week 2023” held in Hotel Shangri-La in Ulaanbaatar, Mongolia. During the forum, KIGAM visited the Ministry of Mining and Heavy Industry of Mongolia(MMHI, the Minister: H.E. Mr. Ganbaatar Jambal) and the Geological Center for Research and Analysis(GCRA, the Head: Dr. Munkhbaatar Dulamsuren). KIGAM, MMHI and GCRA are now working on a project to establish the Korea-Mongolia Rare Metals Cooperation Center in the GCRA. During this meeting, they had a discussion on further cooperation and specific plans of the cooperation center project. 

One of the important aims of the project is to disseminate beneficiation and smelting technology of KIGAM to Mongolia. Latest research equipment will be built up in the cooperation center for high-quality studies. Plus, potential researchers from the universities, companies and research institutes of Mongolia will be invited to KIGAM and be supported to obtain Master/Doctoral degrees in KIGAM. Additionally, KIGAM will also provide opportunities for professional training to related experts in the field of mining and heavy industry. Based on beneficiation and smelting technology of KIGAM, cooperation research projects between KIGAM and related Mongolian institutes will be also conducted in the future. Operating plans of Korea-Mongolia JV incubation center were also mentioned.

Mongolia is the world’s 10th resource-rich country which has more than 80 kinds of resources such as copper, coals and molybdenum. In particular, the amount of Rare Earth Elements(REE) in Mongolia is 16% of the whole amount of REE in the world. Dr. Pyeong-Koo Lee said that “Establishment of Korea-Mongolia Rare Metals Cooperation Center will be a good chance to diversify supply chains of rare metals, which is almost monopolized by China for now. Based on amicable cooperative relationship with Mongolia, KIGAM will keep conducting international cooperative research projects with Mongolia and reduce dependence on China.”