NUUDELCHIN IRON RESOURCES” LLC
“NUUDELCHIN IRON RESOURCES” LLC is aiming to produce value added iron ore concentrate more than 62% iron content in “Ulziit Ovoo” iron ore deposit located in Buregkhangai soum of Bulgan province under the purpose of contributing Mongolia and rural development. Furthermore, the company is planning to produce direct reduced iron (92%-96% iron content DRI) by using a high efficient, an eco-friendly and the state-of-the-art technology.
As of today, we have done drilling and exploration from 2011 to 2012 under the supervising of Micromine LLC, Australia. The deposit resources were approved by the discussion of Mineral Resources Authority of Mongolia as 87.7 million tons in December 2013. This amount of resources allow us possibility of conducting manufacturing at the deposit for more than 40 years. Geologists and mining experts expect the deposit resources can be increased by further exploration.