GOLD REFINERY CONSTRUCTION PROJECT

GOLD REFINERY CONSTRUCTION PROJECT

The implementation of the project will reduce the costs associated with precious metal refining abroad, including service fees, transportation, insurance, and processing time. It will enable the retention of the added value of precious metals within Mongolia, increase the country's foreign exchange reserves, support the stability of the national currency, and strengthen economic security.

GOLD REFINERY CONSTRUCTION PROJECT

The implementation of the project will reduce the costs associated with precious metal refining abroad, including service fees, transportation, insurance, and processing time. It will enable the retention of the added value of precious metals within Mongolia, increase the country's foreign exchange reserves, support the stability of the national currency, and strengthen economic security.

PROJECT PHASE

Project Initiation

Initiated by line ministries and the private sector

Conduct Preliminary Assessment

Define and evaluate the project through full feasibility analysis

Select a private partner and advisory service provider

Establish the partnership agreement

Implement the partnership project, ensure financing, coordination, reporting, and monitoring

PROJECT DETAILS

PROJECT SIGNIFICANCE

The implementation of the project will reduce the costs associated with precious metal refining abroad, including service fees, transportation, insurance, and processing time. It will enable the retention of the added value of precious metals within Mongolia, increase the country's foreign exchange reserves, support the stability of the national currency, and strengthen economic security.

KEY PROJECT INDICATORS

Project Initiator

Ministry of Industry and Mineral Resources

Type of Partnership Agreement

Build–Operate–Transfer (BOT)

Sector Ministry

Ministry of Industry and Mineral Resources

Partnership Project Process

It is in the full analysis phase.