2026.07.09
Angarsk: the one refinery left standing supplies Mongolia's mining industry.
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I read it for investors, counsel and owners with capital or a dispute on the line. Mining, metals and the China corridor.
Copper, gold, coal, fluorspar, iron ore. The rail, border and credit behind them.
I publish what I see, dated, before it plays out. My own capital sits behind the same calls. Clients get the same judgment, privately.
Primary-source work on physical flows, policy execution, counterparties and pricing, published before the outcome is known.
Read the ledger ↗The same conclusions carry my own capital. The research is not content production; it is a record of decisions taken under uncertainty.
See the record ↓Selective private work for investors, counsel and companies when a Mongolia-linked asset, counterparty or document set does not add up.
Start privately ↗Contracts, filings, invoices, photographs, chat threads and border data are the operating record. Read in Mongolian and English, against source and material fact.
Mongolia corridor. Open, scored when they resolve.
Earlier: US–China controls. Where the 8 / 10 comes from.
Seven years covering Mongolia at BNP Paribas. Six on the operating side: exploration, offtake, rail. Five running TSXV companies alongside. Since 2022, my own research and my own capital on the same corridor.
Research, principal capital, selective advisory.
Capital structuring, governance, disclosure.
Copper, gold, molybdenum. Exploration through feasibility. Offtake negotiation.
Investment banking coverage through Mongolia's resource expansion cycle.
Three that recur:
Send the situation in a few lines. You hear back within two working days, including when it is not a fit.
One side of a transaction, never both. Where you need law, your counsel writes it.