Page 12 - AsiaElec Week 42 2022
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AsiaElec EARTH METALS AsiaElec
Germany eyes Mongolia’s
copper, rare earth metals to
combat climate change
MONGOLIA GERMAN Chancellor Olaf Scholz said on Octo- solar power” in the battle against climate change.
ber 14 that Berlin wants to strengthen ties with German officials say Germany is keen for
Mongolia, pointing to the country’s wealth of deals with Mongolia to import more commod-
valuable commodities including copper and rare ities from the landlocked Asian nation. Reduc-
earth metals. ing reliance on countries including Russia and
After meeting with Mongolian Prime Min- China is one aim of such agreements.
ister Luvsannamsrain Oyun-Erdene in the “Mongolia will become an important partner
German capital, he stated that the two leaders for many raw materials in our diversification
agreed to “deepen and also expand cooperation strategy,” Scholz was further reported as saying,
between our two countries”, The Associated adding that specific projects would be identified
Press reported. and legal certainty for investments secured.
Mongolia, Scholz was reported as saying, has
“enormous potential when it comes to wind and
P12 www. NEWSBASE .com Week 42 19•October•2022
