Looks like we finally have a coalition ...
... the DP (with 31 seats)
the Justice Coalition (with 11)
and the CW and Green Party (with 2).
The CWGP is apparently more aligned to the DP's approach to mining so the final balance is 33 'pro-mining' and 11 'nationalists'. But even the nationalists aren't really anti-mining - their ambit is for a return of the remaining resource after 20 years.
The favourable balance in the Coalition doesn't mean there won't be argy-bargy but hopefully most of that will be about Oyu Tolgoi and Tavan Tolgoi. Being smaller in economic impact and being Australian - and offering to open up the NW with a (Russian) rail link - IMO we may even benefit because of those factors. It won't hurt us if Tavan Tolgoi's coal output is restricted for a few more years while the Mongolians try to go it alone.
So that's that box ticked. Let's hope it's the start of a good news cycle.
mongolian elections
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