ASX-listed and Mongolia-focussed metallurgical coal developer, Aspire Mining, says its Ovoot Early Development Project, will pump out a stunning annual EBITDA of AUD$279 million from the production of 4 million tonnes a year of sought-after “fat” coking coal for delivery

An exhibitor from Mongolia has been presented with the first business license to be granted at the second China International Import Expo by Qingpu District’s market watchdog on Tuesday.

The Mongolian National Chamber of Commerce and Industry authorized its Chinese representative

Mongolian parliament is discussing the 2020 State Budget this week. According to the law, parliament must approve the General State Budget by 15 November.

The Mongolian cabinet has drafted steps to increase the number of civil servants by 3300 in 2020.

In an effort to reduce Ulaanbaatar’s chronic air pollution, an annual nighttime electricity tariff reduction for the city’s ger districts is being provided from November 1 to April 1.

Nearly MNT 20 billion will be spent on the electricity price discount

The Mongolia Economic Forum-2019 has taken place  in Ulaanbaatar to discuss the sustainable development of economy at a time when poverty remains a pressing concern. The annual forum aims to build consensus for defining sustainable economic development policies and addressing

Mongolian state-owned coal miner Erdenes Tavan Tolgoi JSC is ramping up work on a planned Hong Kong initial public offering that could raise more than USD 1 billion, people familiar with the matter said.

The coal miner has hired an adviser

Mongolia’s first ever oil refinery is now under construction in Dornogobi province. The Zuunbayan oilfield in East Gobi, the first oil reserve, was discovered in December 1940 by Mongolian geologist J.Dugersuren and Soviet geologist Yu.S.Zhelubovsky.

After 79 years, an new oil

Mongolia’s prime minister has announced that October is a special month for supporting export. As a part of this campaign, the first international business forum entitled ‘Export Mongolia-2019’ is taking place on 28-29 October. The two-day event is being organised