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Home > Projects > ARCHIVED: Mining boom in Mongolia

ARCHIVED: Mining boom in Mongolia

With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.


Father and daughter, resettled by Oyu Tolgoi

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Background

With huge amounts of unexploited natural resources (gold, copper, coal and more) the Mongolian economy is estimated to grow massively in the years to come. But will it also benefit the people in Mongolia? Our work shows how mining operations lead to pollution and displacement for local herders and exacerbate water scarcity issues.

Dust & displacement
Water scarcity
European financing

Dust, displacement and intimidation in the Gobi Altai mountains

Nomadic herders in the Gobi Altai mountains are facing pollution and displacement by the Tayan Nuur iron ore mine that receives financing from the European Bank for Reconstruction and Development.

While the mining company Altain Khuder responds to criticism with intimidation, the EBRD is not doing enough to protect herders’ rights.

Read more:
When the dust settles
A multimedia story about herders impacted by the Tayan Nuur mine

Dust, displacement, intimidation – Mongolian herders are under pressure by iron ore mine
Blog post | December 9, 2014

Report: Impacts of the Tayan Nuur iron ore mine on nomadic herders’ lives in Mongolia
Study | December 9, 2014

Case study on the impacts of the global iron ore sector: Altain Khuder in Mongolia
SOMO case study | December 17, 2014

A Mongolian woman looking into the camera. An overlaid quote says: "My winter camp looks nothing like a winter camp anymore."

A multimedia story about herders impacted by the Tayan Nuur mine


Also available in Polish

Water scarcity in the South Gobi desert

In the South Gobi desert, the highly intensive mining industry with its immense need for water can pose precarious risks to the livelihoods of herders.

Read more
Spirited away – Mongolia’s mining boom and the people that development left behind (pdf)
Study | January 30, 2012

EBRD financing for mining in Mongolia

By financing several mining projects over the last few years, the EBRD followed other investors’ bias towards the natural resources sector in Mongolia. Instead, it should diversify its portfolio in the country to help Mongolia reduce its dependency on commodity exports.

Read more:
The EBRD in Mongolia: Economic diversity is something else
Blog post | September 18, 2012

Online debate

Following a discussion in the European Parliament on the EBRD’s mining operations, Bankwatch organised a live-streamed google hangout with Mongolian campaigner Sukhgerel Dugersuren.

Latest news

MEPs call for responsible new EBRD mining strategy

Press release | 12 July, 2012

Brussels – The new mining strategy of the EBRD risks contradicting the EU Resource Efficiency Roadmap and responsible mining principles, argue 22 MEPs in an open letter to European Commissioners which asks the EC to take a more active role in improving the EBRD mining strategy currently under review. (1)

Read more

New EBRD mining strategy promotes unstable dependency on raw materials exports, say NGOs

Press release | 1 June, 2012

Moscow, Russia — In response to a public presentation today from the European Bank for Reconstruction and Development of its new mining strategy, NGOs CEE Bankwatch Network and Greenpeace Russia are calling on the bank to deprioritise investments in mining and mining-related infrastructure in order to avoid deepening the dependency of its countries of operation on raw materials exports.

Read more

EBRD energy lending report: conflicting investments end up contradicting climate science

Press release | 17 May, 2012

London – Almost half of the 6.7 billion euros lent by the European Bank for Reconstruction and Development (EBRD) between 2006-2011 goes to support for fossil fuels, according to a report issued today by CEE Bankwatch Network. Support for coal, oil and gas must be discontinued altogether, argues Bankwatch, if the bank’s commendable efforts on increasing financing for renewables and energy efficiency are to have a positive impact in the global fight against climate change.

Read more

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