Elon Musk, where they explored potential investments and cooperation in the electric vehicle sector. Mongolia, known for its abundant natural resources, possesses significant deposits of rare earth minerals and copper.
These minerals play a vital role in the supply chain of electric vehicles, making Mongolia a valuable resource hub for the production of essential materials in the electric vehicle industry. Meanwhile, Elon Musk is eager to bring his Starlink satellite broadband to India, but the world's richest man faces strong resistance from Mukesh Ambani, Asia's wealthiest, who runs Indian telecom giant Reliance Jio.
Following a meeting with Indian Prime Minister Narendra Modi in the U.S. recently, Musk said he was keen to launch Starlink in India which "can be incredibly helpful" in remote villages that have no internet or lack high-speed services.
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