In one of its last acts before going into recess on Thursday, Parliament finally ratified much-debated amendments to its 39th protocol, which deals with the Tavantolgoi mining project.

MPs ratified the amendments with 76.1 percent of MPs in attendance voting in favor.

Under the amendments, 20 percent of the shares in Erdenes Tavantolgoi LLC will be distributed to citizens for free, while ten percent will be made available to domestic organizations for purchase.

Each citizen will receive 1,072 shares, though, if a citizen chooses, the shares can be sold back to the Government for MNT 1 million.