According to the Nuclear Energy Authority, 107 uranium exploration licenses have been issued in Mongolia so far. Two uranium exploitation licenses have been issued as well.

The agency also says the state spent MNT 16 billion for uranium exploration in 2009, MNT 25.1 billion in 2010, and MNT 37.1 billion in 2011.

Specialists say most exploration work is being done in Dornod, Sukhbaatar, and Dornogobi aimags. A total of nine uranium deposit mines have been identified in the country, and these mines have an estimated 68,500 tons of uranium.

Forty-three exploration licenses have been granted in Dornogobi aimag, 26 in Dornod aimag, and 19 in Sukhbaatar aimag. Twenty-eight companies have finished research and test work and have begun to prepare to exploit uranium deposits.

Some companies are planning to exploit uranium beginning in 2014 and to build uranium processing facilities in Dornod, Dornogobi, and Dundgobi aimags.