Mining the Gobi: The Battle for Mongolia’s Resources

“The country, whose economy has been growing faster than almost any other, is almost entirely dependent on the export of raw materials. Mongolia has things everyone wants — coal, copper, gold, uranium, rare earth minerals — and that potential wealth is reflected in the high-ranking visitors it draws. Donald Rumsfeld has been to Ulan Bator, as have Angela Merkel and several Japanese prime ministers. Beijing especially is making an effort to reach out to its northern neighbor. This July the first flat-bed trucks set out from Oyu Tolgoi to China, each bearing 36 tons of a brown, cement-like powder, from which copper and gold would be extracted.”

http://www.spiegel.de/international/world/mining-the-gobi-desert-rio-tinto-and-mongolia-fight-over-profits-a-915021-druck.html

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