Mongolia's Batbold Interview from June 20

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June 20 (Bloomberg) -- Mongolian Prime Minister Sukhbaatar Batbold talks about exploiting his country's natural resources. Aside from its main exports of coal and copper, Mongolia has oil, potash, iron ore and uranium resources, as well as rare earths used in electronics, wind turbines and smart bombs. Mongolia is opening up its resource riches to mining as prices for coal surge on demand from Asian steelmakers. The nation is seeking to develop the Tavan Tolgoi coal basin, which is one of the world’s largest unexploited reserves of coking coal, a key material in making steel. Batbold spoke on June 17 in Beijing with Bloomberg's Stephen Engle. (Source: Bloomberg)


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