Will Mongolia have a battery energy storage system?

A planned battery energy storage system for Mongolia will be the largest of its type in the world and provide a blueprint for other developing countries to follow as they decarbonize their power systems. Mongolia’s coal-dependent energy sector accounts for about two thirds of Mongolia’s greenhouse gas emissions.

Does Mongolia have lithium?

This electrochemical behavior makes lithium ideal for energy storage applications in batteries. In comparison to Mongolia's main minerals such as copper, coal, iron ore, and feldspar, lithium has been relatively under-studied. Mongolia has around 15-16 occurrences of lithium, with 5 deposits identified thus far.

Where are lithium deposits located in Mongolia?

Referring to the 1908 map of the Bogd Khanate of Mongolia, there is a cluster of lithium deposits known as Tastig in the region between Zavkhan and Khuvsgul aimags. Mongolia is encircled by lithium deposits situated to the south of Lake Baikal. Geological research in China has achieved a high level of development and is advancing rapidly.

Where is lithium found in China?

In the Altai city of the Altai region, there is a cluster of lithium deposits known as Khukhtogoo in Mongolian. This area is regarded as China's primary lithium region. The Altai region was once part of Mongolia during the Bogd Khanate of Mongolia. Therefore, a century ago, Mongolia possessed significant lithium deposits.

Why is lithium a good energy storage material?

With a single electron in its outer shell, it readily loses and gains electrons. This electrochemical behavior makes lithium ideal for energy storage applications in batteries. In comparison to Mongolia's main minerals such as copper, coal, iron ore, and feldspar, lithium has been relatively under-studied.

Does Mongolia have a third neighbor policy on critical minerals?

The Mongolian Critical Minerals Association is actively engaged in this effort, encompassing multiple sectors beyond just minerals. For a country like Mongolia, situated and between two major powers implementing multi-pillar foreign policy, including a third neighbor policy, it is wise to clarify its stance on critical minerals.