China agreements to support Mongolian fluorspar development
Published: Wednesday, 28 October 2015
Slowing economic growth in China has significantly impacted Mongolia’s commodities exports this year. However, new mining co-operation agreements signed during the China-Mongolia Expo last week are likely to subsidise the country’s mining growth.
The mineral rich nation of Mongolia, which
generates the majority of its revenues from commodities
exports, has signed eight new cooperation agreements for
mineral-resource exploration with China in an effort to boost
its sagging economy.
Sandwiched between China and Russia, Mongolia’s