With uranium demand set to be strong in the coming decades, Mongolia is positioning itself as a strategic player and a significant contributor in the global climate effort.
Talon Energy Ltd is earning into the Gurvantees PSC in Mongolia, which has a world-scale resource on the doorstep of the world’s largest gas consumer, China.
Talon Energy Ltd is an Australian energy company, with huge prospective gas resources in two
Mongolia’s first oil refinery is being developed under a government-to-government (G2G) partnership between Mongolia and India. The project is estimated to cost around USD 790 million, which will be financed through a line of credit from the Government of India.
Representatives of the Ministry of Mining and Heavy Industry of Mongolia, and the members of the School of Mechanical Engineering of Mongolian University of Science and Technology, and Japanese scholar and businessman Dr. Masao Tokita visited Steppe Metal Powder LLC
Rio Tinto’s bid to complete a takeover of Turquoise Hill Resources has received a boost after the most vocal opponents of the deal agreed not to vote at the shareholder meeting that will determine whether the USD 3.3 billion deal goes
Parliament and the cabinet have approved the plan to privatize the Mongolian Stock Exchange (MSE), fully state-owned since its inception in 1991. According to plan, the exchange can float up to 34% of its shares by the end of the
As of Friday (2022.10.28), the exchange rate of Mongolia’s national currency the Tugrik against the U.S. dollar has weakened by 18 percent year on year.
The exchange rate of the U.S. dollar against the Tugrik is at 3,383.20 on Friday.
To mitigate the adverse impacts of the pandemic, government assistance to households has been generous and diverse. One notable measure introduced in 2020 is the increase in benefit amounts given to households through the Child Money Programme. The programme, which