Mongolia may take a 34% stake in Xanadu Mines Ltd.’s Kharmagtai copper-gold project after a proposal to classify the asset as a strategic deposit was submitted to the government.
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.
Elixir Energy Ltd was as much as 30.44 percent higher on entering a memorandum of understanding (MoU) with Japanese renewable energy company SoftBank Energy Corp to cooperate on research and development for its green hydrogen production project in the Gobi
The prices of imported Mongolian coking coal extended the rise as an optimism grew along with higher ceiling prices of a tender issued by a large state-run coke firm in Inner Mongolia.
The Bank of Mongolia purchased six tons of gold from legal entities and individuals in the first five months of this year. The bank’s average gold purchase price was MNT 193,114 per gram as of May.
The World Bank Board of Executive Directors today approved a credit of USD 40.7 million from the International Development Association to help Mongolia improve online public services to citizens and businesses, boost digital skills training, and increase digital-enabled jobs.
Mongolia has decided to exempt import tariffs for certain food products until the end of this year in order to ensure their supply and price stability.
The government approved a list of certain food products such as sugar, vegetable oil and
Elon Musk, the founder of Space X and Tesla, the richest man in the world, founded a company called Starlink Services Mongolia in Mongolia. The company is registered on the website of the State Registration Agency of Mongolia, at the
Ulaanbaatar, 23 May 2022 – The Delegation of the European Union to Mongolia (“the Delegation”) will celebrate the richness and diversity of European culture through Europe Day, an exhibition featuring the European Union, its member States, cultural institutes and European
Suu JSC has led the ‘Gender & Economic Inclusion’ category for the European Bank for Reconstruction and Development (EBRD) Sustainability Award, becoming the recipient of the GOLD Award. Of a total of 79 projects from all over the world that