Mongolia seeks foreign help to produce minerals used for EVs

More investments are needed to unlock Mongolia's 'huge potential,' official says

20230208 Mongolia rare earth

Mongolia's Bayan Obo mine supplies rare-earth minerals. (File photo by Reuters) 

Rhyannon Bartlett-Imadegawa

LONDON -- Resource-rich Mongolia is positioning itself as an alternative to China in supplying minerals used in the renewable energy sector but needs help from foreign investors to develop the necessary mining infrastructure, its deputy prime minster says.

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