At the invitation of President of Mongolia U. Khurelsukh, President of the Republic of Korea Lee Jae Myung paid a state visit to Mongolia from 9 to 11 July 2026. One of the central issues discussed during the visit was cooperation in critical minerals.
The Caving 2026 Conference is being held in Ulaanbaatar from August 11 to 13, bringing together mining industry professionals, researchers and technical experts to discuss the latest developments in block and sublevel caving.
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Twenty copper projects that could generate 4.1 trillion MNT in Mineral Resource Royalty (MRR) revenue for the state budget and attract 5.7 trillion MNT in investment have been placed on indefinite hold.