Erdenet Mining Corporation produced 126,485 tons of copper concentrate last year, practically unchanged from the 126,796 tons produced in 2008. The company has said in a statement that it processed 25.9 million tons of ore in 2009, up slightly from 25.6 million tons in 2008. Erdenet is a 51:49 JV between the Mongolian Government and Russian state conglomerate Russian Technologies. The company said it produces 7% of the world”s copper concentrate and 5% of its molybdenum concentrate.

Erdenet produced 533,083 tons of concentrate in 2009, slightly more than in 2008 but a reduced copper content in the ore led to the decline noted above. The output of molybdenum concentrate rose to 2,409 tons in 2009 from 1,900 tons in 2008.