EBRD celebrates 15 years in Mongolia

Anand Tumurtogoo in Ulaanbaatar October 24, 2021

Plans to further boost the non-extractive sector and make the country’s economy greener are priorities, development bank’s country head Hannes Takacs tells bne IntelliNews.

LONG READ: The plight of Mongolia’s young herders

Antonio Graceffo & Munkhbat Norovjamts October 8, 2021

A mix of modernisation and holding on to the old ways causes many dilemmas such as a shortage of female partners for marriage on the steppes—while the girls head for the city to get educated and do not return, the boys stay behind to herd.

bneGREEN: China’s promise of no overseas coal financing could free up $130bn for green investment

By Richard Lockhart in Edinburgh October 1, 2021

China’s promise to abandon financing coal projects overseas could affect a total of 44 coal plants across Asia and Africa with a combined 42,220 MW of capacity.

Hazara Mongols fearing extinction in Afghanistan dream of return to ancient homeland

Antonio Graceffo in Ulaanbaatar September 7, 2021

Repressed ethnic minority dread renewed persecution under second Taliban regime. Academics in Mongolia wonder if legends about “how we will go and bring our people back” could come true.

EV market may create copper deficit

Dimitri Frolowsckii of Neo September 3, 2021

Auto fleets' shift to electric vehicles in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply.

The crushing weight of China’s debt burden on Eurasia

bne IntelIiNews September 1, 2021

Emerging European economies were already facing heavy debt burdens before the pandemic. Now it’s worse. Several countries in Eurasia and Emerging Europe are struggling to pay off huge loans they took from China.

Only tough options for Afghans looking to escape north or west

Muzaffar Ismailov in Tashkent & Kanat Shaku in Almaty August 29, 2021

The UNHCR has estimated half a million could attempt to flee Taliban rule by year-end, but Central Asia, Iran and Turkey will prove far from welcoming.

Zasag Chandmani mining dispute is a litmus test for Mongolia

Ben Aris in Berlin August 22, 2021

The younger half-brother of Britain's prime minister, Maximilian Johnson, has run into trouble in Mongolia. He works for a Hong Kong-based fund GRF2 that invested $19mn in a mine, but the owner has run off with the money.

Mismanagement to blame for $1.4bn cost blowout at Gobi Desert copper mine expansion consultants say

Anand Tumurtogoo in Ulaanbaatar August 10, 2021

Rio Tinto, which blamed ground and geotechnical conditions at Oyu Tolgoi, now has more explaining to do to the Mongolian government.