1 ODD-EVEN TRAFFIC RESTRICTION CONCLUDES WWW.UBPOST.MN PUBLISHED:2025/09/15      2 MMC ANNOUNCES FIRST GOLD POUR COMPLETED AT THE BAYAN KHUNDII MINE IN MONGOLIA WWW.SG.FINANCE.YAHOO.COM  PUBLISHED:2025/09/15      3 MKE LAUNCHES CARTRIDGE PRODUCTION LINE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/15      4 MONGOLIA’S LARGEST MINING EVENT HIGHLIGHTS INVESTMENT AND RESPONSIBLE MINING WWW.MONTSAME.MN PUBLISHED:2025/09/14      5 GENERAL MEETING OF ASIA SECURITIES FORUM OPENS IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2025/09/14      6 BUDGET 2026: MINISTRY REPORTS RAISING MINIMUM PENSION TO MNT 1.5 MILLION NOT FEASIBLE UNDER CURRENT BUDGET WWW.GOGO.MN PUBLISHED:2025/09/14      7 ULAANBAATAR AND JAPAN STRENGTHEN CLEAN ENERGY PARTNERSHIP WWW.MONTSAME.MN PUBLISHED:2025/09/14      8 730 BREEDING SHEEP WERE BROUGHT FROM MONGOLIA TO NAMANGAN UZBEKISTAN WWW.ZAMIN.UZ  PUBLISHED:2025/09/14      9 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      10 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      ШЭНЬ МИНЬЖУАНЬ: БНХАУ МОНГОЛ УЛСЫГ ШХАБ-ЫН ГЭР БҮЛД НЭГДЭЖ, ХАМТЫН АЖИЛЛАГААГАА ӨРГӨЖҮҮЛЭХИЙГ УРЬСАН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     Г.ЗАНДАШАТАР: ТӨРИЙН ДАНХАР БҮТЦИЙГ ХУМИХ АЖИЛ ИРЭХ ОНД Ч ҮРГЭЛЖИЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     Ц.ТУВААН: НҮҮРСНИЙ ҮНЭ 3 САР ТУТАМ ШИНЭЧЛЭГДЭНЭ. ГЭРЭЭНД ЯМАР Ч НУУЦ БАЙХГҮЙ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/15     ХАНЫН МАТЕРИАЛД 1800 АЙЛЫН ОРОН СУУЦ БАРИХ ТӨСЛИЙН ГҮЙЦЭТГЭГЧ ШАЛГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/15     "ТАТВАРЫН ХЭТ ӨНДӨР ТООЦОО БИЗНЕС ЭРХЛЭГЧДИЙГ ХААЛГАА БАРИХАД ХҮРГЭНЭ" WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/15     ГАДААД ХУДАЛДААНЫ НӨХЦӨЛИЙН ИНДЕКС ӨМНӨХ ОНООС 4.1 ХУВИАР БУУРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     ЭХНИЙ НАЙМАН САРЫН БАЙДЛААР 600 МЯНГАН ЖУУЛЧИН ИРЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/15     ШАХМАЛ ТҮЛШНИЙ БОРЛУУЛАЛТ ӨНӨӨДРӨӨС ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/15     “МОНПОЛИМЕТ" ГРУПП ДОРНОГОВЬ АЙМГИЙН ӨРГӨН СУМАНД ЕБС БАРИХ ТӨСӨЛ ЭХЛҮҮЛЖЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/14     ЗАСГИЙН ГАЗАР MINING AI САНААЧИЛГА ХЭРЭГЖҮҮЛЭХЭЭ ХӨРӨНГӨ ОРУУЛАГЧДАД ЗАРЛАЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/14    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Odd-even traffic restriction concludes www.ubpost.mn

Ulaanbaatar’s temporary odd-even license plate traffic restriction, which has been in effect since August 27, is set to conclude on September 16. The measure, introduced for a 20-day period, required vehicles to enter the capital city’s roads on alternating days depending on whether their license plates ended with an odd or even number.
City officials announced that the system will remain in force until this Tuesday. Beginning Wednesday, traffic regulation in the capital city will return to its standard weekly restriction, where each vehicle is prohibited from entering central Ulaanbaatar one day a week, based on the final digit of its license plate.
The odd-even restriction was initially adopted to help ease severe congestion during the late summer period, when traffic volumes traditionally spike. According to the capital city’s traffic authorities, the measure has provided temporary relief, reducing pressure on the busiest intersections and main roads. However, it was always intended as a short-term solution.
Officials have emphasized that while the odd-even system has offered some breathing room for drivers, sustainable solutions will require long-term investments in public transportation, road infrastructure, and traffic management technology. For now, residents are being reminded to adjust their travel plans as the city transitions back to the weekly license plate schedule starting mid-week.

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MMC Announces First Gold Pour Completed at the Bayan Khundii Mine in Mongolia www.sg.finance.yahoo.com

Mongolian Mining Corporation (“MMC” or the “Company”, or together with its subsidiaries, the “Group”; HKEx: 975; OTCQX: MOGLF), the largest internationally listed private mining company with operations focused on and located in Mongolia, is pleased to announce the successful completion of the first gold pour at the Bayan Khundii (“BKH”) gold mine in Mongolia on 14 September 2025.
The BKH gold mine has a total gold reserve of 513,700 ounces at an average head grade of 4.0 g/t gold, the mine is expected to produce approximately 85,000 ounces of gold per annum at a low quartile all-in sustaining cost.
The Group announced its investment of US$40 million for 50% equity interest in Erdene Mongol LLC (“EM”), under a Strategic Alliance and Investment Agreement which became effective on 25 January 2024. At the time of MMC's entry, the project was still in its early stages as a greenfield site. Since construction commenced, progress has been rapid, with completion achieved in just 22 months – turning the project from a greenfield to a full-fledged operation.
Gold from the BKH mine will be sold to Mongolia’s Central Bank at spot gold prices, contributing to the country's foreign currency reserves and playing a vital role in Mongolia’s economic stability. With established operating systems and procedures, the mine is well positioned to achieve nameplate capacity production in late Q4 2025.
Dr. Battsengel Gotov, Chief Executive Officer of MMC, stated: “We are proud to see the Bayan Khundii mine reach this significant milestone and extend our sincere congratulations to our employees, contractors, and strategic partner whose dedication made this milestone possible, transforming this project into a fully operational gold mine. The team involved deserves tremendous credit for their hard work and dedication. The Group also takes pride in advancing its strategic objective of diversifying its business portfolio, ensuring sustainable growth and long-term value creation. Moving forward, MMC will work closely with our strategic partner to support their continued focus on exploration efforts aimed at extending the mine life and bringing additional deposits into production covered under the Strategic Alliance Agreement.”
About Mongolian Mining Corporation (HKEx: 975; OTCQX: MOGLF)
MMC is the largest internationally listed private mining company with operations focused on and located in Mongolia. The Group has consolidated a diversified business portfolio to develop and operate coking (metallurgical) coal, gold, copper, and other non-ferrous metals mining assets in southern and western regions of Mongolia.
The Group is the largest producer and exporter of washed hard coking coal in Mongolia. It owns and operates two open-pit coking coal mines, namely, the Ukhaa Khudag mine located within the Tavan Tolgoi coal formation, as well as the Baruun Naran mine, both located in Umnugobi aimag (province), Mongolia.
The Group operates the Bayan Khundii gold mine, located in Bayankhongor aimag (province), Mongolia.
MMC was listed on The Stock Exchange of Hong Kong Limited in October 2010.
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MKE Launches Cartridge Production Line in Mongolia www.raillynews.com

The Machinery and Chemical Industry (MKE) continues to take important steps in international defense cooperation. Within the framework of the cooperation with the Mongolia, Defense Industrial Corporation (DIC) within the scope of the contract signed with the company The cartridge production line project was successfully completed Within the scope of this project, the installation, commissioning, performance tests and pilot production processes of the machines were completed and acceptance procedures were carried out.
Mongolia Production Line Launched
In the facility where the installation has been completed, Cartridge production in 9 mm x 18, 7.62 mm x 54 and 7.62 mm x 39 calibers This cooperation constitutes an important part of MKE's strategy to transfer its centuries-old experience and advanced production capabilities to allied countries.
MKE's Polish Move: 155mm Howitzer Ammunition Production Line
MKE continues to negotiate with various countries regarding production line installations. In this context, NATO members Polonya a “155 mm Howitzer Ammunition Production Line” The proposal for the establishment of a new project was discussed at the MSPO2025 trade fair. MKE Deputy General Manager Tolga Çelik told the Defence24 platform that MKE is ready to cooperate in establishing any production capacity Poland needs and that they have proposed establishing a factory in Poland specifically to produce 155mm ammunition for howitzers. It was stated that the project has reached its final stages of decision-making, and MKE has been shortlisted.
These strategic steps not only showcase MKE's expertise in weapons and ammunition production in the global arena, but also strengthen its industrial production capabilities and position in technology transfer.

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Mongolia’s Largest Mining Event Highlights Investment and Responsible Mining www.montsame.mn

Mongolia’s largest mining event, “Mining Week & MinePro 2025,” officially opened on September 11, 2025, at the foot of Taij Khairkhan Mountain in Nalaikh District.
This event is not only a significant gathering for Mongolia’s mining industry but has also evolved into a major platform for defining new opportunities for economic growth, investment, and international cooperation. This year, it is being held under the theme “A New Cycle for the Mineral Sector: Investment and Responsible Mining.”
The opening ceremony of Mining Week was attended by officials including the Prime Minister of Mongolia Zandanshatar Gombojav, Deputy Prime Ministers Amarsaikhan Sainkhuu and Dorjkhand Togmid, Minister of Industry and Mineral Resources Damdinnyam Gongor, Chairman of the Board of the Mongolian National Mining Association Battsengel Gotov, President and CEO of the Mining Association of Canada Pierre Gratton, Secretary General of the China Mining Association Che Changbo, President of the Colombian Mining Association Juan Camilo Nariño, members of the Mongolian parliament, representatives from government and private sectors, ambassadors, international organizations, investors, chambers of commerce, and mining professionals from Mongolia and abroad.
In his speech, Prime Minister Zandanshatar emphasized that the Government of Mongolia is launching the "Mining and AI" initiative and aiming to foster mutually beneficial cooperation with experts and investors in the mining and technology sector. He stressed the importance of going beyond extraction by producing value-added products, adopting technology, and innovation to enhance competitiveness. Highlighting the Government's policies on green development, digital transformation, and sustainable and responsible mining, the Prime Minister reaffirmed its commitment to transparency and accountability and to prioritizing regional development and the interests of local communities.
Highlights from key officials:
Prime Minister Zandanshatar Gombojav:
"Today's mining sector cannot be separated from environmental responsibility, social accountability, digital transformation, and the Fourth Industrial Revolution. Therefore, the Government will prioritize integrated policies on green development, digital transformation, and sustainable and responsible mining."
Deputy Prime Minister Amarsaikhan Sainkhuu:
"We cannot allow the mining sector to focus only on exports, local governments on budgets, and citizens solely on land and pasture, while our youth, our future workforce, remain directionless. We must take a holistic approach to address these challenges."
Deputy Prime Minister Dorjkhand Togmid:
"Over the past 10 years, Mongolia has received 29.2 billion US dollars in foreign investment, 74 percent of which, USD 21.7 billion, was directed toward the mining sector. This trend is expected to persist."
Minister of Industry and Mineral Resources Damdinnyam Gongor:
"A legal analysis of 10 current laws governing the mineral sector found 267 overlaps, 150 conflicts, and 150 gaps, highlighting the urgent need to reform the legal environment. Our ministry is now working on a draft law to amend the Minerals Law. Mining companies must also focus on improving employee skills and increasing productivity. In 2024, the mineral sector contributed 27 percent, amounting to MNT 22 trillion, to the national GDP."
Executive Director of Erdenes Mongol LLC Narantsogt Sanjaa:
"The government will focus on developing infrastructure such as railways, roads, and water systems through public investment, allowing the private sector to operate more efficiently. More experienced and economically efficient companies should operate in the extraction field. We will support the private sector’s best practices."
The fourth edition of the exhibition features participation from nine countries’ business associations and chambers of commerce, 250 supplier companies, and more than 50 mining companies. Spanning nine hectares, the event consumes around 9,000 kilowatt-hours of energy over three days, with 10 percent supplied from renewable sources. The outdoor exhibition showcases new machinery and equipment, while the indoor space focuses on innovation, projects, and partnership opportunities. 
The three-day Mining Week event continues with key forums and discussions. On the second day, the agenda focuses on investment and global trends in the mineral sector.
On September 13, the closing day, a mini-festival and a youth-focused open event are scheduled to conclude the Week.

 

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General Meeting of Asia Securities Forum Opens in Ulaanbaatar www.montsame.mn

The 30th Annual General Meeting of the Asia Securities Forum has officially opened in Ulaanbaatar. This prestigious forum, considered the most significant in the securities sector of the Asia-Pacific region, brings together over 100 capital market experts from more than 20 countries. Participants are discussing key issues such as the development trends of capital markets, future cooperation, sustainable financing, digital transformation, regional integration, and investor protection.
This prestigious forum, considered the most significant in the securities sector of the Asia-Pacific region, brings together over 100 capital market experts from more than 20 countries. Participants are discussing key issues such as the development trends of capital markets, future cooperation, sustainable financing, digital transformation, regional integration, and investor protection.
Deputy Chairman of the Financial Regulatory Commission, Tserenbadral Tudev, opened the forum, stating, “This forum has long served as a platform to strengthen cooperation among regional capital market regulatory authorities, stock exchanges, and industry associations. According to the ‘Asia Capital Markets Report’ issued by the Organisation for Economic Co-operation and Development (OECD), Asia’s capital markets have experienced remarkable growth over the past 20 years. Specifically, the number of listed companies has doubled, and market capitalization has quadrupled. Currently, Asia accounts for 55 percent of all listed companies and 27 percent of global market capitalization. It is important to highlight that your dedication and contribution played a major role in achieving these results.”
Organized by the Asian Securities Forum, which unites over 24,000 investors across more than 20 countries, this forum is being held in Mongolia for the first time. Hosting the event is a reflection of the successful development of Mongolia’s capital market at a regional level. It also presents an opportunity to showcase Mongolia’s capital market, key projects, and stakeholders to the international stage, as noted by participants.
Mongolia has focused on developing its capital market, improving its regulatory environment, and adopting international best practices. At a time when the country is aiming to enhance transparency, strengthen investor confidence, and deepen regional integration, this forum holds significant importance, emphasized the Deputy Chairman of the Financial Regulatory Commission.
The forum will continue with the event titled “Mongolia’s Capital Market Connectivity,” which aims to increase international investor participation in the Mongolian capital market and create opportunities for domestic companies to raise funds from foreign markets.

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BUDGET 2026: Ministry reports raising minimum pension to MNT 1.5 million not feasible under current budget www.gogo.mn

With the autumn session of Parliament due to open on Monday, 15 September, the Government has submitted the draft law on the 2026 budget. On September 12, senior officials from the Ministry of Finance, led by State Secretary J.Ganbat, briefed journalists on the draft by sector, and addressed demands by pensioners to raise the minimum pension to MNT 1.5 million. 
The draft 2026 budget includes MNT 378 billion to raise pensions by 6% in line with inflation. As of today, the minimum full pension stands at MNT 689,000, and the minimum proportional pension at MNT 570,000. 
State Secretary J.Ganbat stressed that the Ministry of Finance does not set social policy, that is the remit of the Ministry of Family, Labour and Social Protection, but outlined the budgetary implications of the pension proposal. According to the Ministry’s estimate, about 480,000 pensioners currently receive less than MNT 1 million. Raising the minimum pension to MNT 1.5 million would require roughly MNT 4.3 trillion in additional funding.
Officials said there are only three broad ways to finance such an increase: raise revenue (for example by increasing the social insurance contribution from 10% to 15%, or by raising VAT and personal income tax), which would place a heavier burden on workers and taxpayers; cut other expenditures in the proposed budget; or a large-scale restructuring of public spending, officials noted that, under current calculations, finding MNT 4.3 trillion by cutting would imply drastic measures such as reducing the number of civil servants by around 54% or eliminating large portions of other sector budgets.
The Ministry concluded that it is not possible to raise the minimum pension to MNT 1.5 million in the near term without major fiscal changes. Which combination of revenue increases or spending cuts (if any) will be pursued will be decided at government level and discussed in Parliament.
The draft 2026 budget includes MNT 378 billion to raise pensions by 6% in line with inflation. As of today, the minimum full pension stands at MNT 689,000, and the minimum proportional pension at MNT 570,000.

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Ulaanbaatar and Japan Strengthen Clean Energy Partnership www.montsame.mn

 As part of its winter heating strategy, Ulaanbaatar has banned the use of raw coal and transitioned to using middling and semi-coked briquettes.
Deputy Governor of the Capital City of Mongolia, Amartuvshin Amgalanbayar, in charge of the Social Sector, Green Development, Air and Environmental Pollution, met with a City-to-City Collaboration Team from Japan to discuss clean energy solutions and explore future joint initiatives.
Highlighting the city’s phased transition away from coal and its shift toward cleaner energy sources such as gas, electricity, and renewables, the Deputy Governor expressed Ulaanbaatar’s intent to learn from the experience of Sapporo, Japan, a city with a similar climate, and to implement projects in collaboration with the Joint Crediting Mechanism (JCM).
Through the JCM, Ulaanbaatar city aims to implement greenhouse gas reduction projects with Japanese investment, introducing eco-friendly, low-emission technologies and products from developed countries.
Fujii Masanori, a representative of the City-to-City Collaboration Team, stressed the importance of tackling the root sources of greenhouse gas emissions. He noted that by effectively reducing heat loss and improving energy efficiency, significant progress can be achieved and pledged continued support for Ulaanbaatar’s clean energy transition.
Phased efforts to reduce air pollution are currently underway as part of Ulaanbaatar’s 24 mega development projects. In the first phase of phasing out coal use, the city has insulated 5,000 households across five khoroos in the heavily polluted districts of Chingeltei and Bayangol, replacing coal-based heating with gas.

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730 breeding sheep were brought from Mongolia to Namangan Uzbekistan www.zamin.uz

730 Bayat breed sheep were imported to the Namangan region from the Republic of Mongolia. This breed belongs to the fat sheep breed and is distinguished by its ability to adapt to harsh climates and challenging natural conditions.
It is reported that females of the Bayat breed weigh 35-40 kilograms, and rams weigh 45-50 kilograms. These animals have high meat and fat productivity and are important in animal husbandry due to their economic efficiency.
So far, the 730 sheep brought in at the initial stage have been delivered to "Akhsi Chorva" LLC, located in the Uychi district of Namangan region. In the future, it is planned to fully study the possibilities of their adaptation to local conditions, care, and breeding.
Within the framework of the joint project, it is planned to import 100 thousand breeding sheep from Mongolia. Experts note that this initiative is important as a new import-climate technology and innovation in the livestock sector and is expected to make a significant contribution to the development of the local economy.
Thus, Bayat sheep not only increase livestock productivity, but also play an important role in creating new economic opportunities and jobs for the residents of Namangan.

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Mongolia Records USD 16.6 Billion in Trade www.montsame.mn

Mongolia conducted trade with 157 countries, recording a total foreign trade turnover of USD 16.6 billion over the first eight months of 2025, according to the National Statistics Committee.
Exports totaled USD 9.2 billion, while imports stood at USD 7.5 billion, resulting in a trade surplus of USD 1.7 billion.
However, compared to the same period last year, the total trade turnover declined by 8.2 percent (USD 1.5 billion).
Exports declined by 13.8 percent (USD 1.5 billion), while imports declined slightly by 0.3 percent (USD 24.7 million). As a result, the trade surplus was reduced by 46.2 percent, reaching USD 1.4 billion.
Exports Decline Driven by Coal and Cashmere
The drop in exports was primarily attributed to a significant reduction in coal exports, which fell by USD 2.7 billion. Other notable declines included:
Washed cashmere: down USD 238.9 million
Crude oil: down USD 43.3 million
Semi-processed gold: down USD 35 million
Sheep and goat meat: down USD 25.9 million
Despite these setbacks, some export categories showed growth:
Copper ore and concentrate: up USD 1.5 billion
Combed animal hair and bristles: up USD 88.8 million
Zinc ore and concentrate: up USD 43.4 million
Imports Show Mixed Trends
Imports decreased slightly by USD 24.7 million, largely due to reduced purchases of:
Trucks: down USD 128.9 million
Public transport vehicles: down USD 44 million
Bulldozers and excavators: down USD 32.5 million
Diesel fuel: down USD 30.5 million
Gasoline: down USD 23.3 million
In contrast, imports of passenger cars surged by USD 128.6 million, and alcoholic beverages rose by USD 16.5 million, slowing the downward trend.

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Government Reports Operational Improvements at Erdenes Tavantolgoi Under Special Regime www.montsame.mn

 Under Government Resolution No. 26, dated July 9, 2025, a three-month special regime was imposed on Erdenes Tavantolgoi JSC. A team of Government Special Plenipotentiary Representatives was appointed to the company.
In the first half of this year, Erdenes Tavantolgoi sold an average of 1.7 million tons of coal per month. After the implementation of the special regime, this figure increased to 2.7 million tons in July and August, representing a 1.6-fold rise compared to the previous average. In August alone, 2.1 million tons of coal worth USD 116.6 million were sold through 26 exchange auctions. Coal exports via the exchange reached 739,000 tons, doubling from the previous month. During this period, delivery times for coal sales were reduced by two to three times as a result of optimized transport operations. Of the 29 contracts signed in 2023 and 2024 but left unimplemented, 11 have now been resolved and are being enforced.
In accordance with Government Resolution No. 26 of 2025 and the directives issued during the Prime Minister’s on-site visit to the Erdenes Tavantolgoi mine, a comprehensive plan has been adopted and is currently being implemented. This plan covers four key areas: mining, transport, sales, and overall operations. According to Byambasuren Urgamal, Head of the Government’s Special Representatives’ Team at Erdenes Tavantolgoi and Deputy Chief of the Cabinet Secretariat, the improved performance during the first two months of the special regime indicates that the initial issues that prompted the imposition of special measures are largely being addressed. Compared to previous levels, monthly average coal sales rose by 1.6 times, transport of coal sold through exchange contracts increased by 1.5 times, exports grew by 1.2 times, revenue improved by 1.3 times, and coal extraction went up by 1.1 times.
Following the presentation on the implementation, activities, and outcomes of the special regime during the Cabinet session on September 10, 2025, Head of the Government’s Special Representatives’ Team Byambasuren was instructed to intensify negotiations with buyers who had purchased coal at high prices through the exchange but have since suspended loading operations and failed to fulfill their contractual obligations. He was also directed to increase exchange-based trading and loading volumes, stabilize ongoing projects and programs initiated by Erdenes Tavantolgoi, and take the necessary measures to ensure the company’s continued and stable operations.

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