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Mongolia may eventually list state-owned mineral assets in international stock markets so that the country can convert more of its natural resource wealth into cash, the Wall Street Journal reported on Thursday.


Prime Minister Sukhbaatariin Batbold said that the poor, landlocked country is first studying the creation of three companies -- one for mining assets, another for energy assets and a third for infrastructure holdings.


The government would then look to float shares in these companies in London, New York or Hong Kong, before bringing them to Mongolia's domestic stock market, he said.



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