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ULAANBAATAR Mongolia is counting on a new sovereign wealth fund system likened to Norway's to ensure its resource riches are fairly distributed, bu

Mongolia Defends Plan to Tap Mining Riches for New Sovereign Wealth Fund

Mongolia defends plan to tap mining riches for new sovereign wealth fund

Mongolia’s prime minister defended changes to the country’s mining laws after foreign investors raised concerns they could deter investment in its large reserves of critical minerals, including those used in electric vehicle batteries and other new energy technologies. Legislative amendments to restrict private investment in strategic deposits and give the government free shares in mining projects will ensure the Mongolian people benefit from the country’s substantial resources, Prime Minister Oyun-Erdene Luvsannamsrai said in an email to Bloomberg News last week.

Narantsogt Sanjaa on Anti-Corruption and Mongolia's Sovereign Wealth Fund – The Diplomat

Chinba From Erdenet: Mongolia's Democracy Under Threat, How One Man Fights Back – OpEd – Eurasia Review