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“MINETECH 2011” exhibition & competition of suppliers

The competition of the market economics continues forever. This type of competition is going to be increased in the mining sector. March is the leading month for Mongolia to start the mining and prepare the necessary works for the future big projects. Suppliers have already known it. The exhibition to show that yesterday’s notion is intensifying in the mining sector today was opened in 3-5 of this month in “Misheel Expo”. It is possible to say that this is the first meeting of mining sectors. Companies for mining services, suppliers of equipments, manufactures all gathered here.

They know each other already. Of course, their talks are about mining. For sure, this is second biggest even after “Discover Mongolia” exhibition. About 60 supplier companies are participating in this exhibition. Even though, top “players’ from Australia, Malaysia, Hong Kong and Indonesia arrived here to study more about Mongolian mining development and to find the reliable partner. Companies from our two neighboring countries are here, too. There are 10 companies from Russia.

They arrived here to advertise their advanced technology and new solutions. Russia had expressed once that they are interested in working as a supplier in Tavan Tolgoi deposit. China has same interests. The exhibition organized by National Association of Mining will be open for three days . It is possible to introduce techniques and technologies of about 60 companies, to sign the agreements or to start the cooperation. Organizers made the conclusion that the exhibition is going to be as international and participants say that they arrived here with hope to expand the market and find the reliable partner to work. Goodbye shovel, we have chosen responsible mining Youth who will compete in the mining sector arrived here. Youth means are new companies.

The future profit of the mining is estimated in trillions. Further, it will increase. We shall think ourselves as lucky people by living during these years. Prices of natural resources are increasing in the world market. Economists consider it will continue to increase. The profit to receive from the mining sounds good. Mongolia with budget oriented on copper is going to change to coal. Strategic deposits are in the attention center of investors. The future is clear. Equipments, machines, mining technologies and methods are coming close to us. The possibilities for responsible mining are increasing. Huge techniques, which we never seen before already in our country.