Commodities crunch threatens Mongolia’s fluorspar growth

By Shruti Salwan
Published: Monday, 08 February 2016

Fluorspar miners in Mongolia are struggling to remain profitable at current price levels, while a lack of modern processing technology is limiting the amount of value extracted from large reserves.

The ongoing slump in the global commodities market has knocked back growth in Mongolia’s mining industry, leaving fluorspar producers, in particular, facing the dual prospect of falling prices and mounting inventories.

Sources told IM that Mongolian miners struggled to supply acid grade fluorspar (acidspar) above 95% CaF2 at competitive prices...

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