Platinum Group Element Mineralization in Mongolia: Geological Setting, Occurrences, and Exploration Potential

Platinum group elements (PGE) are six rare highly siderophile metals which have similar chemical characteristics and occur together in mineral deposits: platinum (Pt), palladium (Pd), rhodium (Rh), ruthenium (Ru), iridium (Ir) and osmium (Os). In nature, they tend to exist in a metallic state or bond with sulfur and arsenic and occur as trace accessory minerals predominantly in mafic and ultramafic rocks. High industrial demand together with their scarcity in crustal rocks has been reflected in their inclusion in 2025 US Government’s List of Critical Minerals, European Union’s List of Critical Raw Materials and Mongolian List of 11 Critical Minerals. Although Mongolia is not currently a producer, it hosts four types of potentially economic PGE deposits: (1) Podiform chromitites associated with ophiolites; (2) Ni-Cu-PGE sulfide mineralization of rift-related mafic–ultramafic intrusions; (3) Alaskan–Uralian type arc related zoned mafic–ultramafic intrusions; and (4) Placers. Particularly promising are Permian Ni-Cu-PGE sulfide bearing mafic–ultramafic intrusions of the Khangai large igneous province which bear resemblance to mineralized Permian intrusions in Russia (e.g., Norilsk-Talnakh) and N.W. China (e.g., Kalatongke; Tarim basin). In addition, sub-economic ophiolite-hosted PGE mineralization can be extracted as a by-product during chromite mining. There is also the potential for PGE recovery as a by-product in existing gold placer operations in areas hosting ophiolitic massifs and Alaskan–Uralian type intrusions. Mongolia is a promising frontier for PGE exploration and mining.