The construction of a railway at Gashuunsukhait-Gantsmod – the port handles more than 50 percent of Mongolia’s copper and coking coal exports was one of key issues at talks between Mongolian Prime Minister L.Oyun-Erdene and Chinese President Xi Jinping. The

With over 1000 licenses issued across the country, a diverse range of mineral extraction operations are transforming in Mongolia. The Gobi region is crowded with both mega mines and smaller-scale operations. The Gobi also has excellent conditions for renewable energy

The Central Bank of Mongolia or Mongolbank purchased 1.6 tons of gold in January. This represents that the amount of precious metal purchase increased by 312 kg compared with the same period of the previous year.

In January, the BoM branches

In 2021, Mongolia’s coking coal exports to China fell by almost 41 percent to 12.74 million tonnes, and coking coal imports accounted for 25.7 percent.

The Fengkuang report outlines that there is still great uncertainty on the future of the coking

Rio Tinto, a Toronto listed mining group, is once again going ahead with its most important growth project, the Oyu Tolgoi copper mine in Mongolia.

The project began after the company reached an agreement with the government of Mongolia, and solved

Rio Tinto PLC on Tuesday reported a fall in full-year production across all the commodities it produces, including iron ore, copper and aluminum.

Mined copper production from the open pit was 9 percent higher than 2020 with improved performance, temporary increase

Russia and Mongolia have adopted a declaration that sets clear targets in terms of boosting cooperation between the two countries, Russian President Vladimir Putin announced following talks with his Mongolian counterpart U.Khurelsukh late last month. The Treaty on Friendly Relations and

Mongolia exported 15.9 million tons of coal in 2021, down 44.3 percent from the previous year. The sharp drop is directly related to restrictions to contain the COVID-19 pandemic.

Coal is Mongolia’s main export commodity. Mongolia has planned to export at