Mining Mongolia's future

Mongolia is experiencing a mining boom, primarily in coal, copper, and gold, with most resources exported to China. Many operations are illegal and environmentally damaging, as Mongolian law lacks strict environmental regulations. Local activists are raising awareness, but profits largely leave the country. The government is negotiating a major mining deal with a Canadian joint venture, expected to boost GDP and employment. However, the real estate market is inflating, pricing out locals. The challenge is balancing economic benefits with environmental protection.

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