In 2016, a comparative study was conducted at the Preliminary Feasibility Study (PFS) level to select an appropriate steelmaking technology based on the iron ore reserves in the Darkhan-Selenge region. The study recommended that small blast furnace technology and direct reduced iron (DRI) production technology were the most suitable for Mongolia.
Following this, in 2020, QMC company prepared the technical assignment for a feasibility study on a steel complex utilizing small blast furnace technology. This study was carried out in collaboration with MCC-CERI of China.