The new board members of the Erdenet Mining Corporation (EMC), one of the biggest ore mining and processing plants in Asia, have been appointed. The executive board consists of seven members; four of them are delegated by the Mongolian government, which owns 51% of EMC; the other three are from the Mongolian Copper Corporation (MCC), which owns the 49% balance of EMC shares.

The executive board includes Da.Ganbold, O.Orkhon and M.Munkhbaatar from the MCC; from the government side, the delagates are U.Byambasuren, G.Nandinjargal, D.Demberel and N.Dorjsembed are delegating government of Mongolia. Board members will be appointed for a four year term; the director of EMC is to be selected by a 66% vote of board members. The director and board members will receive a MNT 250-300 thousand salary according to Ts.Nyam-ochir, head of the Government Procurement Agency of Mongolia.

Russia's Rostec sold 49% of shares in the Erdenet Mining Corporation to the Mongolian Copper Corporation on June 24, 2016.