South Korean Prime Minister Kim Min-seok met with Mongolian Prime Minister Luvsannamsrai Oyun-Erdene in Dalian, China, on Friday to discuss strengthening cooperation in critical mineral supply chains. Mongolia, ranked among the world’s ten largest resource-rich nations, holds significant reserves of key minerals vital for future industries. Both leaders expressed expectations for enhanced collaboration, particularly regarding stable mineral supply for South Korean industries. Discussions focused on diversifying and securing supply routes, reducing reliance on single sources. The meeting also addressed broader bilateral relations and potential for increased economic ties. Both Prime Ministers reaffirmed their commitment to a strategic partnership, recognizing mutual benefits from resource cooperation. This initiative aims to bolster South Korea’s access to essential materials and support Mongolia’s economic development.
