BEIJING, July 7 (Reuters) - Mongolia has granted two licences for Elon Musk's SpaceX to operate as an internet service provider using low-orbit satellites, the government said on Friday. Millions of internet users in Mongolia will be able to access high-speed connection via Starlink, the satellite communications service operated by SpaceX, the government said in a statement. Starlink has built a fast-growing network of more than 3,500 satellites in low-Earth orbit that can provide connectivity in remote areas. Formal cooperation between the Mongolian government and SpaceX was initiated in February during the 2023 Mobile World Congress in Barcelona. Resource-rich Mongolia has extensive deposits of rare earth minerals and copper, which are critical materials in the electric vehicle supply chain.

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Persons: Starlink, Communications Uchral, Erdene, Musk, Ryan Woo, Jacqueline Wong Organizations: Elon, SpaceX, Digital Development, Communications, Mongolian, Tesla, Thomson Locations: BEIJING, Mongolia, Starlink, Barcelona