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Economy, Mining and Manufacturing

Erdenet, fluorspar, Union of Soviet Socialist Republics, industrial center, economic reforms

Mongolia’s rich iron ore deposits are located near Darhan, an industrial center that was developed with assistance from the Union of Soviet Socialist Republics (USSR). Black coal production in 1999, from mines near Ulaanbaatar and Darhan, totaled 5 million metric tons. The mining of copper and molybdenum began in the late 1970s near Erdenet. Other minerals produced include tungsten and fluorspar. During the Communist period, manufacturing was small and local in character but still formed an important sector of the country’s economy. Major products included building materials, processed food and alcoholic beverages, leather goods, woolen textiles, furs, and wood items. While these products are still produced, many manufacturing businesses have collapsed since economic reforms were introduced in the 1990s.



Article key phrases:

Erdenet, fluorspar, Union of Soviet Socialist Republics, industrial center, economic reforms, furs, molybdenum, USSR, tungsten, Major products, processed food, manufacturing businesses, leather goods, building materials, mines, alcoholic beverages, minerals, character, assistance

 
 

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