China’s metallurgical coal supply is expected to remain limited in the second quarter of 2022, as coking sector’s inventories deplete and Mongolian coal suppliers face logistical hurdles, industry sources said April 13. Industry analysts see relatively lower seaborne met coal

Mongolia will export cooking oil for the first time, as a rapeseed oil factory in the northern Mongolian province of Selenge has signed an agreement on exporting rapeseed oil.

The factory named “Selenge” on Tuesday signed the agreement with Dansuk Industrial

Mongolia is striving to combat a rise in consumer prices driven by external factors. On Wednesday, the Mongolian government decided to issue a soft loan worth MNT 230 billion  to flour producers and meat processing enterprises, according to the Food

India has assured Mongolia  assistance to develop its space, telecommunications and energy sectors including expediting creation of an oil refinery.

The assurance was extended during last week’s visit of Deputy NSA Vikram Misri who called on President of Mongolia U.Khurelsukh. Misri

Following a contraction of 4.4 percent in 2020 and 1.4 percent growth in 2021, the World Bank’s latest Mongolia Economic Update projects that the economy will grow by 2.5 percent in 2022, reflecting lingering border frictions with China and the

Mongolia saw sharp rises of fuel prices in the first quarter, with average price of the gasoline brand AI-95 up 64.8 percent year on year to MNT 3,060 per liter at the end of March.

The surge in the retail price

Steppe Metal Powder (SMP), the first metal powder plant in Mongolia, officially commenced its production and held an opening ceremony on 11 April 2022. The opening of the plant which produces a variety of metal powder, an important material for

Mongolia is ramping up its efforts to supply raw material such as coking coal and copper to China in 2022 after a lackluster trade in 2021, as it expands its mining sector and boosts its transport network, said O.Batnairamdal, Vice-Minister