Mongolia has substantial known uranium resources, but does not currently have nuclear energy. However it has been exploring tentative plans over recent years, with World Nuclear Association saying three possible sites have been under consideration.
During the SMR Day, Rosatom highlighted its small modular reactor project in Yakutia, with commissioning planned in 2028, as well as outlining its plans for floating nuclear power plants, following the Akademik Lomonosov, which has been in commercial operation since 2019.
Kirill Komarov, deputy director general of Rosatom, said: "There are more than 70 small modular reactor projects in the world in the design stage. Rosatom is the only technology company that has moved from words to action ... we are confident that the experience gained in the coming years will allow us to offer our partners around the world the best solutions in the field of SMRs."
Earlier this year, in June, Rosatom and the Mongolian company Dayan Deerkh Energy Ltd signed an agreement on strategic cooperation on the joint implementation of projects in the field of nuclear, wind and hydropower, aimed at ensuring the energy independence of Mongolia.