Investigation launched into Mongolian iron ore mine financed by European Bank for Reconstruction and Development for impacts on local communities
September 3, 2015
Updated September 10, 2015* Amsterdam/Ulaanbaatar/Prague – Last week, the independent accountability mechanism of the EBRD announced it will investigate *the Bank’s compliance with its environmental and social standards at a mine it finances and is operated by Altain Khuder in the Gobi-Altai region of Mongolia. The investigation comes in response to a complaint filed to the EBRD’s Project Complaint Mechanism (PCM) in December 2014 from herders affected by the project.
January 21, 2015
Herders from the Gobi Altai mountains in western Mongolia have filed a complaint with the European Bank for Reconstruction and Development (EBRD). The complaint addresses the company Altain Khuder, which at its Tayan Nuur iron ore mine has allegedly caused significant environmental pollution and the displacement of herders in the Mongolian Gobi Altai mountains.
December 9, 2014
Herders in the Mongolian Gobi Altai mountains are facing pollution and displacement by an iron ore mine. The mining company Altain Khuder responds to criticism with intimidation. The financier, the European Bank for Reconstruction and Development, is not doing enough to protect herders’ rights.