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

The Central bank of Mongolia, also known as Mongol Bank, purchased 1.7 tonnes of precious metals in November. A total amount of the purchases has reached 21 tonnes since the beginning of this year, showing an increase of 6.5 tons

Rio Tinto will be forced to endure an independent review of its failure to meet cost and schedule guidance on Mongolia’s Oyu Tolgoi copper mine expansion, after the mining giant’s less powerful partners united in an extraordinary show of defiance.

The

China’s coking coal imports fell to a five-month low in October, hit by slowing Australian arrivals following an unofficial ban on coal imports from the country that was imposed in early October.
China imported 5.89 million tonnes of coking coal in