Australia tapping into Mongolia's resources boom | Connect Asia | ABC Radio Australia: "TONY JONES: Yes, but isn't it likely that when Mongolia's massive, untapped resources of iron ore and coal actually come online and into the Chinese market, that the prices of these commodities will drop?
BOB CARR: No. They're going to have a mining boom, they're going to develop their resources here, Tony, whatever we do. But they might as well get it right. And they appreciate the fact that Australia can give advice.
I handed over to the Mining minister today a book in Mongolian produced as an Australian aid project on sustainability in mining. We've learnt a lot of lessons in Australia; we can share it. They're going to have a mining boom here whatever we do, but we can help them make sure it's an environmentally sustainable mining boom and that's a real Australian contribution."
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