Golomt Bank initiated supply chain financing products back in year 2015 and has partnered with Oyu Tolgoi LLC, the world’s largest copper concentrate miner, to support local suppliers of more than 860 organizations and specifically over 550 local contractors and

Mongolia has received buses from the Belarusian automobile engineering company MAZ. The vehicles are designed to operate in the world’s coldest capital city. Mongolia’s climate is classed as extreme continental. Air temperatures in winter can be as low as 49C

Mongolia has put into operation its second fuel processing plant in Ulaanbaatar.
The plant, built in Nalaikh district, has an annual capacity of processing 600,000 tons of fuel.
“Reducing air pollution in Mongolian capital has been and remains one of our

8 December/Geneva, UNEP Finance Initiative has today published an overview of the first steps taken by the 38 signatories to the Collective Commitment to Climate Action (CCCA), one year since they pledged to align their portfolios and business practices with

A total of 2,158 China-Europe freight trains passed through the border port of Erenhot in north China’s Inner Mongolia Autonomous Region in the first 11 months of this year, an increase of 53.4 percent year on year, according to the

Ulaanbaatar Railway JSC has reached the 100 km mark for the construction of the railway line between  Zuunbayan and Tavantolgoi.
On November 30, the railway construction team working on the strategically important “coal line” completed the 4000th section, thus completing 100

Coking coal prices in China have soared to a four-year high after Mongolia’s first local transmission of the COVID-19 on 10 November resulted in emergency measures. These have slowed operations at the border crossings.
Trucks carrying coal across the border

On Wednesday (2 December), the Mongolian government decided to reduce the price of processed fuel by 50 percent amid the COVID-19 pandemic. The government announced that the reduction would be in force from 3 December to 1 April in order