An agreement on setting up a gold refinery in Mongolia was signed during Prime Minister U. Khurelsukh’s visit to Kazakhstan in October 2019. The signatory on behalf of Mongolia was B. Achitsaikhan, CEO of Erdenes Alt Resource. G. Iderkhangai finds out from him the terms of the agreement and the progress on the ground. A viable refinery must have adequate raw material to feed it. How successful has been Erdenes Alt Resource in prospecting, exploring, and extracting the precious metal? Our company’s key goal is to build a gold refinery in Mongolia. From the very beginning we have been working with support from the Ministry of Mining and Heavy Industry and our parent company, Erdenes Mongol, on preparing for this. We have chosen the location and are now studying what kind of infrastructure we shall need.