Mongolian fluorspar producer reduces output, turns to iron ore

By Michael Greenfield, Michael Greenfield
Published: Monday, 19 March 2018

Despite sitting on impressive reserves, Mongolrostsvestment cannot make sufficient economies of scale in fluorspar mining and will instead focus its attention on developing its position in the iron ore market.

Mongolia’s sole producer of fluorspar, Mongolrostsvestment, is reducing its output by 10,000 tonnes per year to focus on iron ore.

The move follows a board decision taken in October 2017 to close two open pit mines and to focus efforts on an underground mine. A source close to...

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