The Mongolian government approved the law on mining stock exchange. It will enter into force from 1 July. Therefore, Mongolia plans to sell 50-60 percent of coal through stock exchange.

The coal will be sold on the basis of Mongolian Stock Exchange.

The Erdenes Mongol  company sell from 130,000 to 140,000 tons of coal to 21 company clients on three auctions starting from 9 February.

Mongolia plans to sell 12 million tons of coal until July 1, 2023. The yearly sale of coal is planned to be increased from 50 percet to 60 percent by 2024. All coal will be sold via stock exchange in 2025.