As of 2025, the development of the global mining industry is moving towards a new, human- centered era- that prioritizes not only the extraction of resources from deep beneath the surface, but also the mental well- being, job satisfaction, and personal development of workers.

Climate change and global warming have become one of the greatest challenges of our time. According to international studies, the mining sector alone accounts for around 9-10% of global greenhouse gas emissions. As a fuel- and energy-intensive industry, mining is now among the key sectors that must reduce its carbon footprint.

In the early 1990s, Mongolia's economy had completely collapsed. In 1991, aid from the Soviet Union - which had accounted for roughly one-third of the country's GDP - was abruptly halted, plunging the economy into a rapid downturn. Losing its main trading partner, which had made up over 80% of foreign trade, factories faced severe shortages of raw materials and spare parts, and many were forced to close.