https://www.scmp.com/rss/524771/feed Mongolia sits atop immense wealth with its coal resources, so its economy is rapidly transitioning from one that relies on livestock herding to one that provides materials to support the world’s heavy industries, particularly steel production in China. But to maximise the potential of its mining industry, the country must upgrade its infrastructure to allow more efficient transport, and railway expansion is proving to be the best route towards that goal. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Reggie Ho,Wing Chan,Morning Studio editors Reggie Ho,Wing Chan,Morning Studio editors When talking about Mongolia, what may first come to mind are its vast steppes, traditional yurts and nomadic culture. While all those elements continue to represent much of this expansive country, signs of its future evolution can be found beneath the surface. Mongolia sits on top of massive mining wealth, which includes 61.4 million tonnes of copper, 1.84 billion tonnes of iron ore and 33.4 billion tonnes of coal, according to government figures. Although its first major modern mine, the... https://www.scmp.com/native/economy/topics/mongolias-fast-track-future/article/3334165/mongolia-hopes-get-track-economic-prosperity-new-rail-links?utm_source=rss_feed https://www.scmp.com/native/economy/topics/mongolias-fast-track-future/article/3334165/mongolia-hopes-get-track-economic-prosperity-new-rail-links?utm_source=rss_feed Fri, 28 Nov 2025 03:06:24 +0000