The State Great Khural of Mongolia, by Resolution No. 45 on June 25, 2009, adopted the “State Policy of Mongolia on Radioactive Minerals and Nuclear Energy” and enacted the “Law on Nuclear Energy” on July 16, 2009. Upon the adoption and entry into force of the “Law on Amendments to the Law on Nuclear Energy" on January 6, 2023, the Mineral Resources and Petroleum Authority was designated as the competent authority for issuing, suspending, and revoking licenses for the exploration, exploitation, and use of radioactive minerals, as well as for related matters.
The “Law on the Procedure for Negotiating Investment Agreements with Investors under the Law on Nuclear Energy” was adopted and entered into force on January 9, 2025.
Furthermore, the Mongolian Nuclear Energy Commission has signed memorandums of understanding with countries including France, Japan, India, the Czech Republic, the United States, Russia, China, Canada, and South Korea to promote cooperation in the radioactive minerals sector and the development of the nuclear energy sector.
The Law on Nuclear Energy
According to the Law on Nuclear Energy, "radioactive minerals" are defined as mineral deposits containing radioactive isotopes of the uranium and thorium families. Pursuant to the Law, all radioactive mineral deposits, irrespective of their size, are classified as mineral deposits of strategic importance.
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Published Date:2025-08-22