This marks the second cross-border railway connection between Mongolia and China, following the Zamiin-Uud–Ereen railway, which was established under a bilateral agreement in 1955.
This marks the second cross-border railway connection between Mongolia and China, following the Zamiin-Uud–Ereen railway, which was established under a bilateral agreement in 1955.
Asia’s Outlook Dims Amid Trade Tensions
US tariffs have reached their highest levels in a century, with many of the steepest aimed at Asia. The region, which contributed nearly 60% of global growth in 2024, is now seeing its trade-led development
On Monday (17 February), Turquoise Hill Resources announced the submission of the Feasibility Study for the Tavan Tolgoi Power Plant (TTPP) Project to the Government of Mongolia by Oyu Tolgoi LLC.
Oyu Tolgoi LLC is obliged under the 2009 Oyu Tolgoi
The World Bank has released its Mongolia Economic updates for February 2020. Mongolia’s economic growth strengthened to 7.2 percent in 2018 from 5.3 percent in 2017 amid impressive fiscal outcomes, better coordination of macroeconomic policy, favorable global commodity prices, and
Mongolia has set a goal to export 42 million tonnes of coal in 2020. However, the country has been forced to suspended coal deliveries to China on Friday as a measure to prevent the spread of Covid-19 across the border.
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Earlier today (17 February), the executive board of the Erdenes Tavan Tolgoi JSC decided to distribute profit to those Mongolian citizens who own its 1072 shares units. According to a press release by D.Sumiyabazar, Minister of Mining and Heavy Industries
Senior managers led by Oyu Tolgoi CEO Armando Torres held a press briefing on Wednesday (12 February) to introduce the performance results for the fourth quarter of 2019.
In 2019, Oyu Tolgoi paid US$321 million in taxes, fees and other payments
Rio Tinto has warned customers of delayed copper deliveries from its Mongolian mine in the latest sign that the coronavirus is affecting the Australian companies’ product flows to China.
The spread of the virus into the northern Chinese province that shares
Mongolia has suspend deliveries of coal across its southern border into China until March 2 to prevent the spread of the coronavirus. The desicion came from emergency meeting of National Emergency Commission on Monday after 12 truck drivers were isolated
Mongolia is currently exporting coal through two main border crossings with China; others have been closed in order to prevent the spread of coronavirus, which has hit over 20 countries. At the Gashuun Sukhait Border Crossing, each day 110-120 coal