Earlier today (17 February), the executive board of the Erdenes Tavan Tolgoi JSC decided to distribute profit to those Mongolian citizens who own its 1072 shares units. According to a press release by D.Sumiyabazar, Minister of Mining and Heavy Industries and B.Bayarsaikhan, director of the executive board of Erdenes TT, the company will distribute MNT 90 per share. People who own 1072 shares will get MNT 96480.
All Mongolian citizens who were born before 2011 currently own 1072 share units in the company. According to the 2009 Human Development Fund Law, the company must distribute its shares to all citizens.