1 REQUESTS PUT FORTH TO STABILIZE SUPPLY OF ELECTRICITY AND OIL PRODUCTS WWW.MONTSAME.MN PUBLISHED:2021/09/23      2 BOEING TO BUILD ITS FIRST FOREIGN ASSEMBLY PLANT WWW.CNN.COM PUBLISHED:2021/09/23      3 PRESIDENT OF MONGOLIA ADDRESSES THE GENERAL DEBATE OF THE GENERAL ASSEMBLY WWW.MONTSAME.MN PUBLISHED:2021/09/23      4 3,361 NEW CASES OF COVID-19 REPORTED WWW.MONTSAME.MN PUBLISHED:2021/09/23      5 MIAT USES A DIGITAL HEALTH PASS TO VERIFY THEIR COVID-19 NEGATIVE STATUS WWW.NEWS.MN PUBLISHED:2021/09/23      6 MONGOLIA'S ECONOMY TO GROW 4.6 PCT IN 2021: ADB WWW.XINHUANET.COM PUBLISHED:2021/09/23      7 MODERATE MAG. 4.8 EARTHQUAKE - 116 KM SOUTH OF BAYANHONGOR, BAYANKHONGOR, BAYANHONGOR AYMAG, MONGOLIA, ON THURSDAY, SEP 23, 2021 8:03 AM (GMT +8) WWW.VOLCANODISCOVERY.COM PUBLISHED:2021/09/23      8 CHINA VOWS TO END FUNDING FOR OVERSEAS COAL POWER PLANTS WWW.MINING.COM PUBLISHED:2021/09/23      9 VIEWS EXCHANGED ON TRANSPORT OF FUEL FROM CHINA WWW.MONTSAME.MN PUBLISHED:2021/09/22      10 FIRST FULLY TRACEABLE MILK PRODUCT CERTIFIED BY ‘RESPONSIBLE NOMADS’ STANDARD RELEASED WWW.MONTSAME.MN PUBLISHED:2021/09/22      SXCOAL: БНХАУ-ЫН КОКСЖИХ НҮҮРСНИЙ ИМПОРТ VIII САРД ӨМНӨХ ОНЫ МӨН ҮЕЭС 34.7 ХУВИАР БУУРСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/09/23     ӨНДӨР ТҮВШИНД ХЭЛБЭЛЗЭЖ БАЙСАН “CENTURY” БОНДЫН ХАНШ 0.5 ХУВИАР БУУРЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/09/23     МОНГОЛ УЛС 2024 ОНД ГАЗРЫН ТОСНЫ ҮЙЛДВЭРТЭЙ БОЛЖ, ШАТАХУУНЫ ИМПОРТЫН ХАМААРЛААС ГАРНА WWW.GOGO.MN НИЙТЭЛСЭН:2021/09/23     МӨНГӨНИЙ НИЙЛҮҮЛЭЛТ 25.8 ХУВИАР НЭМЭГДЭВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2021/09/23     НИЙТ ЗЭЭЛИЙН ӨРИЙН ҮЛДЭГДЛИЙН 50.6 ХУВЬ НЬ ИРГЭДИЙНХ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2021/09/23     ЖОЛООЧ НАРЫН 22.6 ХУВЬ НЬ ТОРГУУЛИЙН 50 ХУВИА ТӨЛЖ, ӨРШӨӨЛИЙН ХУУЛЬД ХАМРАГДЖЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2021/09/23     COVID-19-ИЙН УЛМААС ЭМЧЛҮҮЛЖ БУЙ ХҮНИЙ ТОО 88,549 БОЛЖ, ЭМНЭЛГИЙН ОРНЫ АЧААЛАЛ ӨНГӨРСӨН ХУГАЦААНЫ ДЭЭД ТҮВШИНД ХҮРЛЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2021/09/23     ОХУ-ААС ЭНЭ САРД 1500 ТОНН ШАТАХУУН АВАХААР БОЛЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2021/09/23     АЖ ҮЙЛДВЭРИЙН САЛБАРЫН ҮЙЛДВЭРЛЭЛ I-VIII САРД 28 ХУВИАР ӨСӨЖ, 12.3 ИХ НАЯД ТӨГРӨГ БОЛЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2021/09/22     ИПОТЕКИЙН 756 ТЭРБУМ ТӨГРӨГИЙН ЗЭЭЛИЙГ 10 МЯНГАН ИРГЭНД ОЛГОЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2021/09/22    

Events

Name organizer Where
14th Mine Closure 2021 International Conference in Ulaanbaatar (first time in Asia) QMC Ulaanbaatar

NEWS

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Requests put forth to stabilize supply of electricity and oil products www.montsame.mn

Mongolia’s Ambassador to the Russian Federation D.Davaa met with the Deputy Secretary of the Security Council of the Russian Federation A.N. Venediktov on September 21.
At the meeting, the two sides noted that Mongolia and the Russian Federation have developed traditional good neighborly relations and agreed that security issues of the two countries are interrelated. They also exchanged views on joint measures to be taken by the Security Council and some regional issues.
Ambassador D.Davaa also asked the Russian side to pay attention to some pressing issues in bilateral relations and cooperation, in particular stabilizing the supply of electricity and oil products from Russia to Mongolia.
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Boeing to build its first foreign assembly plant www.cnn.com

New York (CNN Business)Boeing, the largest US exporter, announced plans Wednesday for its first foreign production plant to perform final assembly work.
The plant, to be built in Toowoomba, Australia, will assemble military drones, not commercial jets, which is Boeing's primary business. But it is an interesting step away from the United States for the company.
Boeing's defense, space and security division has been its most solid revenue stream during the difficult past few years for Boeing. The unit has reported $26 billion in revenue every year since 2018, while the company's commercial aircraft revenue plunged $41 billion, or 72%, in the face of the 737 Max crisis and the pandemic.
In 2020 about 83% of that defense business came from the US Defense Department. But the division does have significant foreign clients as well.
A huge part of Boeing's main business comes from overseas. In 2018, the year the aircraft maker posted record revenue of $101 billion, 56% of those dollars came from foreign customers.
Boeing's Australia operations team designed the drone, known as the Loyal Wingman, to be built there. The factory is expected to create 3,500 new full-time jobs by 2028. Currently the Australian Air Force is the only confirmed customer for the drone, but Boeing plans to export it to other military customers around the world.
The news comes on the heels of a separate announcement that Australia intends to build a fleet of nuclear powered submarines with the use of technology being shared by the United States and United Kingdom. That move is seen as an effort by the United States to rein in China's growing military ambitions in the region.
There was a time when US manufacturing giants made all or virtually all of their products in the United States. Boeing (BA) is all but alone in making that claim today. For example, General Motors (GM) and Ford (F) both build more cars in non-US plants, in countries such as China and Mexico, than they do in the United States.
Part of the reason that automakers and other manufacturers build their products elsewhere, beyond lower labor costs, is to reduce delivery time and expense when selling to foreign markets. That is not as significant an issue for Boeing, which can fly most of the products it makes to its customers.
Boeing already had its largest non-US operation in Australia, with about 4,000 employees, some of them doing pre-assembly work on parts that are shipped to the company's US factories.
It also has a facility in China which was set up to complete the interiors and final painting on the 737 Max commercial jets it is selling there. Part of the reason for locating the plant there was to placate the Chinese government, which must sign off on all jet sales into the country.
But that facility, which opened in late 2018, completed only a single 737 Max before two fatal crashes caused a global grounding of the plane.
Although most countries are again allowing the plane to carry passengers, the 737 Max remains grounded in China. Meanwhile amid the rising trade tensions between China and the United States, Boeing's sales into China have slowed to a trickle.
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President of Mongolia addresses the General Debate of the General Assembly www.montsame.mn

The President of Mongolia Ukhnaa Khurelsukh delivered a statement at the General Debate of the 76th session of the United Nations General Assembly in New York, on September 22, 2021.
In his statement, President U. Khurelsukh shared Mongolia’s views on global peace, security, sustainable development, good governance, economy, society and health, particularly fighting and mitigating the challenges and impacts of COVID-19 pandemic.
President U. Khurelsukh stressed that Mongolia’s accession to the United Nations in 1961 and ensuring the country’s independence and sovereignty, and becoming a full member in the world community was an important milestone in its history. He further reaffirmed that Mongolia as an active member of the United Nations is committed to continue its contribution towards promoting international peace and security, fostering green development, combating climate change and achieving the Sustainable Development Goals.
The President also announced his initiative to make September 2, the day, when devastating World War II, that took the lives of millions, had ended, as an international day to commemorate “Humanity’s Victory Over War” and called on member states to support it.
Speaking about climate change, the President called to combine the fight against climate change with achievements of the modern science and technology as well as best practices and the traditional experiences, drawing lessons from the Mongolian traditional “nomadic civilization” to respect and treat the nature deferentially. In this context, he noted that Mongolia has launched a campaign to plant billions of trees by 2030.
The full speech can be found at the following link.
source: mfa.gov.mn
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3,361 new cases of COVID-19 reported www.montsame.mn

On September 23, 3,361 new cases have been detected after conducting tests nationwide within the past 24 hours, reported the Ministry of Health.
More specifically, 1,540 new cases were detected in the capital city, with 1,821 cases in rural regions.
As of today, the total number of confirmed COVID-19 cases in Mongolia now stands at 283,956. 5,286 patients have made recoveries in the past 24 hours.
Furthermore, 13 new COVID-19 related deaths have been reported, raising the country’s death toll to 1086. Currently, 22,204 people are receiving hospital treatment for COVID-19 whilst 66,345 people with mild symptoms of COVID-19 are being isolated at home.
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MIAT uses a digital health pass to verify their COVID-19 negative status www.news.mn

Mongolian Airlines (MIAT) operated the first-ever charter flight (OM7602) on which all passengers and air crew members used a digital health pass to verify their COVID-19 negative status. The flight was chartered by Rio Tinto to take its employees to Oyu Tolgoi site, one of the largest known copper and gold deposits in the world.
All the employees took a PCR test 24 hours before the flight, which followed a test nine days prior to the flight. They also underwent an International SOS ‘Fit for Travel Assessment’ via survey forms through the Work Pass app.
The International SOS Work Pass full integration with AOKpass provided the employees with a unique AOKpass QR code linking to their digital health certificate. This was presented at the arrival gate, where inspection personnel scanned the QR code to verify that the passenger had the valid required certificates for the flight and entry to country, including COVID-19 negative status.
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Mongolia's economy to grow 4.6 pct in 2021: ADB www.xinhuanet.com

Sept. 22 (Xinhua) -- Mongolia's GDP is expected to grow 4.6 percent in 2021 on the back of continued economic rebound, the Asian Development Bank (ADB) said Wednesday.
The latest growth projection is slightly lower than the 4.8 percent forecast by the ADB in April.
Major drivers of the country's economic growth include robust export demand, increased private outlays as well as strong economic recovery of its neighbor China, the ADB said in its Asian Development Outlook 2021 Update.
"Despite over 65 percent of the country's total population becoming fully vaccinated, public health concerns and economic uncertainty remain high, and Mongolia has faced a significant challenge to mitigate COVID-19 risks to ensure sustainable economic recovery," said Pavit Ramachandran, ADB country director for Mongolia.
"Continuing health responses, maintaining macroeconomic stability, ensuring accommodative policies, targeting social protection, and fostering investment climate reforms are top priorities for this economic recovery puzzle," he said.
The country's GDP growth is expected to accelerate to 6 percent in 2022 as COVID-19 concerns ease, benefits from the vaccination program materialize, transportation and logistics issues affecting exports are resolved, and domestic demand rises, according to the bank.
The bank noted that downside risks of the outlook include new COVID-19 variants and persistent border restrictions which disrupt exports, undermine industrial output and keep inflation high.
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Moderate mag. 4.8 earthquake - 116 km south of Bayanhongor, Bayankhongor, Bayanhongor Aymag, Mongolia, on Thursday, Sep 23, 2021 8:03 am (GMT +8) www.volcanodiscovery.com

A magnitude 4.8 earthquake near Bayanhongor, Bayankhongor, Bayanhongor Aymag, Mongolia, was reported only 14 minutes ago by the German Research Centre for Geosciences (GFZ), considered one of the key international agencies that monitor seismic activity worldwide. The earthquake occurred at a shallow depth of 10 km beneath the epicenter in the morning on Thursday, September 23rd, 2021, at 8:03 am local time. The exact magnitude, epicenter, and depth of the quake might be revised within the next few hours or minutes as seismologists review data and refine their calculations, or as other agencies issue their report.
Our monitoring service identified a second report from the European-Mediterranean Seismological Centre (EMSC) which listed the quake at magnitude 5.5.
Towns or cities near the epicenter where the quake might have been felt as very weak shaking include Bayanhongor (pop. 26,300) located 116 km from the epicenter.
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China vows to end funding for overseas coal power plants www.mining.com

China’s president Xi Jinping has pledged to stop backing new coal power plants overseas in a move that would cut off a key source of financing for projects involving the fossil fuel.
“China will step up support for other developing countries in developing green and low-carbon energy, and will not build new coal-fired power projects abroad,” Xi told the United Nations General Assembly.
While the leader did not lay out a timeline to end that financing, he noted that Beijing has not directed any funding from its Belt and Road Initiative toward coal power plants so far this year.
Xi did not address either the domestic situation, where coal comprises a majority of the country’s electricity mix. Dozens of new coal-fired power and steel plants across the nation were announced during the first half of 2021. If built, they would alone add 150 million tonnes in annual carbon dioxide emissions, according to research group Global Energy Monitor.
The pledge by China, world’s largest emitter of greenhouse gases and the main financier of coal-fired power plants around the world, was cautiously welcomed by experts.
“This is the announcement China could deliver right now and the one that the U.S. wanted. Investment already trending in this direction,” Joanna Lewis, an associate professor at Georgetown University and an expert on Chinese climate policy, tweeted.
China vows to end funding for overseas coal power plants
* Graphic by Reuters. (click on it to enlarge)
Climate advocacy movement 350.org called Xi’s declaration “huge,” saying it could be a “real game-changer” depending on when it takes effect.
“China was the last man standing. If there’s no public finance of coal from China, there’s little to no global coal expansion,” said Justin Guay, the director of global climate strategy at the Sunrise Project, a group advocating for a global transition from coal and fossil fuels.
Beijing has supported coal projects in developing countries including Indonesia and Bangladesh and has been under heavy diplomatic pressure to put an end to the financing to help the world meet the goals of the Paris climate agreement to reduce carbon emissions.
“We’ve been talking to China for quite some period of time about this. And I’m absolutely delighted to hear that President Xi has made this important decision,” US climate envoy John Kerry said in a statement.
Down but not out
With countries across the globe enduring power availability shortages, BMO Capital’s commodities analyst Colin Hamilton said it was clear that thermal coal will likely remain a key source of energy for foreseeable future.
“China will continue to finance energy projects overseas, with a push toward developing green and low-carbon energy projects, which could give rise to further nuclear power installations in addition to ‘renewable’ power,” he wrote.
“CHINA’S PLEDGE COULD AFFECT BOTH DEMAND AND SUPPLY IN THE SEABORNE MARKET AND PRESSURE LONG TERM PRICES”
Wood Mackenzie analyst Shirley Zhang
China’s pledge could affect both demand and supply in the seaborne market and pressure long term prices, energy and mining consultancy Wood Mackenzie warned.
According to WoodMac analyst Shirley Zhang, projects that aren’t financially committed and rely heavily on foreign investment such as projects in Indonesia and Vietnam would be most affected.
“In particular, our assumption of 29 GW generic coal projects in Indonesia after 2025 could be at risk due to China’s pledge, forcing more Indonesian coal supply to the export markets,” she said in an emailed statement.
China’s policy change, part of a goal to reach peak coal consumption by 2030 and carbon neutrality by 2060, comes on the heels of similar pledges by Japan and South Korea earlier this year.
The pledge, which could wipe out nearly $50 billion of investment, is expected to bring momentum to the global climate talks this November in Glasgow, Scotland.
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Views exchanged on transport of fuel from China www.montsame.mn

On September 21, Deputy Prime Minister S.Amarsaikahn, Minister of Finance B.Javkhlan, and Minister of Mining and Heavy Industry G.Yondon held a meeting with Ambassador of the People’s Republic of China to Mongolia Chai Wenrui to discuss the matter regarding the transport of fuel.
During the meeting, he highlighted the importance of urgently resolving the sector’s pressing issue and exchanging information with the side of China in advance.
Furthermore, the Chinese Ambassador expressed that corresponding authorities of China are comprehensively carrying out cooperation in order to increase the amount of coal being imported into the country as well as the number of vehicles and containers entering through border checkpoints as a result of the talks held between State Councilor, Chinese Foreign Minister Wang Yi and Deputy Prime Minister S.Amarsaikhan during the Shanghai Cooperation Organization (SCO) summit that took place in Dushanbe, Tajikistan.
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First fully traceable milk product certified by ‘Responsible Nomads’ standard released www.montsame.mn

The VitaFit Milk company has released the first fully traceable milk product in the market certified by ‘Responsible Nomads’ standard and its digital traceability system.
The ‘Ulzii’ cream is produced by milk supplied by herders and farmers with healthy rangelands, healthy livestock, respective of animal welfare requirements and environment friendly herding and farming practices. While supplying its raw materials from Responsible herders and farmers, VitaFit Milk company is committed to contribute to sustainable management of rangelands, respect animal welfare requirements and environmental protection.
Source: Swiss Cooperation in Mongolia
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