Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, August 9, 2011

Mongolia Energy Riches Attract Neighbors and Outside Interests

Mongolia Energy Riches Attract Neighbors and Outside Interests

Pity poor Mongolia, bereft of fiscal resources, caught between the ambitions of its superpower neighbors, Russia and China.
Ulaan Bator’s situation is akin to interwar Poland, dexterously attempting to reconcile its foreign policy between the USSR’s hammer and Nazi Germany’s hard place. Who will ultimately benefit is anyone’s guess, but the country’s nascent energy and mineralogical riches  have opened the land of Genghis Khan to a fierce bidding war those ultimate outcome is unclear at best.
The nation is essentially empty, its 2.8 million citizens producing an average population density of just over 1 person per sq. km.
That said, the country’s mineralogical
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