1 RIO-GLENCORE DEAL CLOSER THAN EVER WITH PREMIUM AND CEO IN FOCUS WWW.BLOOMBERG.COM PUBLISHED:2026/01/10      2 MONGOLIA'S INFLATION DOWN TO 7.5 PCT IN DECEMBER 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/10      3 MONGOLIA ENERGY FACES MNT 412.3 BILLION TAX LIABILITY AFTER LOSING MONGOLIAN COURT CASE WWW.TIPRANKS.COM  PUBLISHED:2026/01/10      4 NUMBER OF FOREIGN NATIONALS RESIDING FOR OFFICIAL AND PRIVATE PURPOSES UP 7.4% WWW.MONTSAME.MN PUBLISHED:2026/01/10      5 SUSTAINABILITY RELATED REPORTING: READINESS ASSESSMENT MONGOLIA REPORT WWW.UNDP.ORG PUBLISHED:2026/01/10      6 GOVERNMENT TO FORMALLY APPROACH RIO TINTO, OYU TOLGOI TO SAFEGUARD NATIONAL INTEREST WWW.MONTSAME.MN PUBLISHED:2026/01/09      7 NON-COMPLIANT ADVERTISING BILLBOARDS TO BE REMOVED WWW.MONTSAME.MN PUBLISHED:2026/01/09      8 FROM TORONTO, CANADA TO PHU QUOC, VIETNAM: MONGOLIA’S BOLD 2026 AVIATION EXPANSION INCLUDES NEW FLIGHTS, VISA-FREE TRAVEL, AND AIRPORT UPGRADES! WWW.TRAVELANDTOURWORLD.COM PUBLISHED:2026/01/09      9 MONGOLIA TO MARK 820TH ANNIVERSARY OF THE GREAT MONGOL EMPIRE WWW.MONTSAME.MN PUBLISHED:2026/01/09      10 PARLIAMENT SUPPORTS SOLAR GER INITIATIVE UNDER NEW REGULATORY REFORMS WWW.MONTSAME.MN PUBLISHED:2026/01/09      GLENCORE, RIO TINTO КОМПАНИУД НЭГДЭХ ХЭЛЭЛЦЭЭ ХИЙЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/10     Н.НАРАНБААТАР: ЭНЭ ОНД НҮҮРСНИЙ ЭКСПОРТЫН ХЭМЖЭЭГ 90 САЯ ТОННД БАРИНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/10     УЛААНБААТАРТ ӨНДӨР ТЕХНОЛОГИЙН ХОЁР ҮЙЛДВЭР БАЙГУУЛЖ, УСАН ХАНГАМЖИЙГ 80 ХУВИАР НЭМЭГДҮҮЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     ХУУЛЬ БУС ЭЗЭМШИЛД БАЙСАН 15 БАРИЛГА БАЙГУУЛАМЖИЙГ НИЙСЛЭЛД БУЦААН АВЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/09     МОНГОЛ УЛСАД 37 097 ГАДААД ИРГЭН ОРШИН СУУХ БҮРТГЭЛТЭЙ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     ҮСХ: 12 ДУГААР САРЫН ИНФЛЯЦ 7.5 ХУВЬТАЙ ГАРЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/09     2026 ОНД НИЙСЛЭЛД ХЭРЭГЖИХ ТОМООХОН БҮТЭЭН БАЙГУУЛАЛТУУД WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/09     ДУЛААНЫ ТАРИФ НЭМЭГДҮҮЛЭХ ШИЙДВЭРИЙГ ХОЙШЛУУЛЖ, 2027 ОНЫ НЭГДҮГЭЭР САРЫН 1-НЭЭС НЭМНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/09     НИЙГМИЙН ДААТГАЛЫН ӨР ТӨЛБӨРТ ТООЦОЖ, "КАПИТАЛ" БАНКНААС ХУРААСАН ХӨРӨНГИЙГ ДУУДЛАГААР ХУДАЛДАНА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/09     НИЙСЛЭЛИЙН 19 БАЙРШИЛД 11.7 КМ АВТО ЗАМЫН БОРООНЫ УС ЗАЙЛУУЛАХ ШУГАМ УГСАРНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/08    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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Construction of ‘Nairamdal-2’ Camp at Lake Khuvsgul to Begin Next Year www.montsame.mn

A working visit by Prime Minister Zandanshatar Gombojav to Khuvsgul aimag is ongoing.
During the visit, Prime Minister Zandanshatar Gombojav met with government officials of Khuvsgul aimag to present government policies and decisions, the 300-day action plan, and the main directions for Mongolia’s development for 2026–2030.
A total of 210 civil servants from 63 government organizations attended the meeting and expressed their opinions. The Governor of Murun soum said that between 2010 and 2024, the soum experienced eight major floods, causing damage estimated at between MNT 400 million and 900 million. However, funding has not yet been secured for the construction of a 15.4-kilometer embankment; thus, the governor asked the Prime Minister for financing to construct a flood protection embankment. In response, Prime Minister G. Zandanshatar instructed relevant ministries and local authorities to work together and include the necessary funds in the 2027 state budget.
The PM also said that construction of the “Nairamdal-2” children’s camp near Lake Khuvsgul had been delayed due to land disputes, but the project is now scheduled to begin next year.
Khuvsgul aimag has a population of 137,000 and is one of the three aimags of the so-called “Golden Triangle” of tourism. The Prime Minister emphasized that the Government plans to implement a comprehensive tourism policy. During the peak tourism season from June to October last year, a total of 157,562 foreign and domestic tourists visited the aimag.
Following the meeting, Prime Minister G. Zandanshatar headed to visit Shine-Ider soum of the aimag.

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Mongolian vodka: A modern industry in an ancient world www.drinksint.com

Susan Zimmerman peels back the layers on Mongolia’s affinity with vodka and the rituals surrounding its consumption.
Mongolia is known as the Land of Horses due to the five million that roam its vast wilderness. But a lesser-known fact is that vodka is as deeply ingrained in the land and people as airag, the fermented mare’s milk that is considered the national drink. It was consumed during the 13th and 14th centuries of the Great Mongol Empire and was the drink of choice for the country’s celebrated warlord Chinggis Khan (Genghis in the western world) and his warriors, fuelling his famous land grabs that stretched from eastern Europe to the Pacific Ocean. The importance of this beloved beverage never tailed off.
Wheat grains and horse tails
There’s a Mongol saying, if there is no horse, it means there is no airag and if there is no airag it means there is no joy. It takes some elbow grease to produce this joy. During the summer airag-making season, the mares need to be milked up to nine times a day before the liquid is churned up to 4,000 times over several days to ferment before drinking. From this revered beverage comes shimiin arkhi (or simply arkhi), a homemade mare’s milk vodka (typically 12% abv) that is airag once distilled.
Wheat vodka is a horse of another colour. Though not as numerous as the equines that roam the steppes, at least 44 different Mongolian vodkas line the shelves at the Emart hypermarket in the capital city Ulaanbaatar. This spirit is as much a part of the social fabric as airag, though making wheat vodka is a different animal. Mongolia’s introduction to this spirit arrived courtesy of the Soviets during their almost 70-year occupation of the country from 1921 to 1990. The Mongolians didn’t drink much vodka at the time, but their occupiers taught them well and, once free of their overseers, their vodka industry blossomed.
The pearly gates
The country’s first and largest distillery APU Company (APU) – which stands for Absolute, Pure, Unique – opened in 1924 and, along with the country’s other large-scale distilleries, has carried on a vodka-making tradition that would have made the Soviet mentors proud. In 2001, 51% of APU Company was privatised and in 2017 Heineken became a minority shareholder. Today the company makes up about 30% of the country’s capital market.
Vodka is the most consumed alcoholic drink in the country and APU currently produces some 28 brands. Premium-luxury brand Soyombo and its other top-shelf vodkas are made with wheat from the Mongolian steppes and spring water that comes from the sacred Bogd Khan Mountain, while the distillation maxes out at six times. The filtration is where the high-stakes game for purity is played out with diamonds, then APU ups the ante with silver, quartz and pearls. Ulaanbaatar is burgeoning with high rise blocks, high fashion and the headquarters of APU. Inside the blending room, opera music blares out from Mongolian composer Sharav along with Bach, Beethoven and Mozart.
APU’s blending team leader Enkhamgalan Boldbat explains: “The music lulls the distilled alcohol and water mixture in the tanks to rest by calming the water molecules to create a smoother taste. You can’t take the science out of vodka production because it is fully based on facts and numbers and chemistry, but infusing it with our culture makes it more artistic.”
Well, if “music has charms to soothe a savage beast” in the often-misquoted words of a 17th-century playwright, then it must work on water. Putting the theory to the test seemed apropos in the blending room where a tasting table awaited with its premium Chinggis Khan, The Original Mongolian Vodka. The taste was over the top and smooth as silk – those diamonds, silver, quartz and pearls were doing their job, but left a question. Why did APU also have filters filled with beads of garnet, turquoise, lapis lazuli, red coral and black pearls, along with steel, silver and gold strands?
A treasured twist
Nansalmaa Sharavdorj, head of the vodka plant at APU, adds: “You know about the nine gems of Mongolian culture, right? That is why we had those filters made.” The semi-precious gemstones in the filters were inspired by a concept rooted in traditional Mongolian culture represented by nine auspicious materials (gold, silver, red coral, pearl, copper, turquoise, lapis lazuli, steel and quartz crystal) believed to bring luck, while the number nine symbolises longevity, happiness and prosperity. Those filters were used in various other APU vodka brands. The symbolism of the nine gems, coupled with airag’s sacred use, highlighted the practice of paying homage to the past.
According to The Secret History of the Mongols, written in 1227, the oldest surviving literary work in the Mongolic languages which recounts the life of Chinggis Khan, the Great Khan sprinkled mare's milk on the ground to honour a mountain for protecting him. Before battle, his men would sprinkle mare’s milk on the ground to ensure victory. This tradition lives on in a variation with the present-day practice of sprinkling mare’s milk on a horse before a race. The culture is also honoured by APU’s use of copper pots during distillation. According to Sharavdorj, this stems from ancient Mongolian practices where water was stored in copper and silver pots overnight to reduce bacteria and improve taste.
Sharavdorj explains: “When we refer to ancient traditional methods we mean the pot boiling method used for generations by nomadic herders for distilling spirits from fermented milk. APU’s cow milk vodka Shiguderi incorporates this practice.”
Distilling the drinking
Vodka is a staple of everyday life and with it comes ancient libation practices that have evolved over the centuries. When offered a drink always take it in your right hand and dip the tip of your ring finger into the liquid. Then, using the ring finger and thumb flick up towards the clouds, dip again then flick down to the ground and again towards yourself. This gesture of offering a taste to the sky, earth and ancestors is symbolic of the culture of respect that permeates Mongolian life.
“The Mongolian tradition is one of respect. When someone respects you they offer you the best of their food and the best of the food is vodka. There is always vodka on the table,” says Munkhtuul Erdenebat, a sustainability manager at APU. There is polite protocol when visiting a ger (nomadic home similar to a yurt). Foreign guests are directed to the left to sit down. Low-to-the-ground stools are a long-standing custom. Then, instead of shaking hands, the head of the household offers guests a tiny bottle called a khoorog (made of precious stone) containing powdered tobacco. Proper etiquette is to raise the cap halfway and take a sniff. The vodka ritual follows, paying homage to the sky, the earth and the ancestors.
When people drink vodka, according to Dulguun Altangerel, a university lecturer in Ulaanbaatar, they say: “Let’s drink the white thing.” The term refers to airag’s colour, associated with purity and good fortune in nomadic culture.
Altangerel adds: “The vodka tradition is to be comfortable when drinking – it’s a bad omen to eat and drink while standing or lying down.” Another ancient tradition, nowadays done as a joke, was for the husband to serve vodka to his wife first in case it was poisoned. Traditionally the male is always served first, be it food or drink, while an old hangover cure is pickled sheep eyeballs. Traditions are profuse, especially in nomadic life where rituals rule.
Marco Polo wrote that Mongolian vodka was “similar to wine” in his 13th-century account The Travels of Marco Polo, while Flemish Franciscan monk William of Rubruck dittoed that sentiment in his 13th-century Account of the Mongols. Ingrained in these ingredients are deeply-rooted rituals and traditions that are solely Mongolian, something no other vodka can claim.
By Susan Zimmerman

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Mongolian Mining Explains Higher Service Caps and Tightens Oversight on Connected Transactions www.tippranks.com

Mongolian Mining Corporation has issued a supplemental announcement detailing how it set higher proposed annual caps under its service agreement for office and camp support services provided by Energy Resources and USS. The company attributes the substantial increase mainly to a roughly 29% rise in per man‑day rates for catering, camp and accommodation services, including enhanced meal options for employee well‑being and cost inflation over the past three years, as well as a 46% increase in employee numbers that will drive greater use of these services. The miner also clarified its internal control and procurement procedures for continuing connected transactions, noting that while it aims to obtain at least three quotations for pricing comparisons, this requirement may not always be achievable in tender processes due to market constraints, as shown by a recent tender in which only two bidders participated; the board emphasizes that oversight mechanisms remain in place to ensure terms are fair, on normal commercial terms, and in the interests of shareholders.
The most recent analyst rating on 0975 -2.61% ▼ stock is a Hold with a HK$11.00 price target. To see the full list of analyst forecasts on Mongolian Mining stock, see the HK:0975 Stock Forecast page.
More about Mongolian Mining
Mongolian Mining Corporation is a Hong Kong–listed resources group incorporated in the Cayman Islands, primarily engaged in coal mining and related operations in Mongolia, with offices in Ulaanbaatar and various camps and operational sites supporting its workforce and production activities.

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Mongolia’s state-owned Mongol Refinery to bring new 1.5 Mt/year oil plant online by 2026 www.energiesmedia.com

The international energy market is set to see a wave of pioneering projects this year, with a particular Mongolian refinery project leading the way for the Asian revival of the oil sector. Mongolia is not a nation known for its oil production, relying mostly on imports from other energy-rich nations, such as China, for the vast majority of its energy resources. However, that reality is set to change as the nation’s state-owned refinery is set to come online this year following a recent investment made by India.
The state-owned Mongol refinery is set to come online this year
The evidence would suggest that the overwhelming calls to integrate the renewable energy sector have not reached the Asian nation of Mongolia. A new development has attracted the attention of the nearby nation of India, which has opted to bet big on the Mongolian oil refinery project, as the nation has provided a substantial line of credit to Mongolia to develop the new refinery.
Engineers India has been selected as the preferred contractor for the Mongol refinery, after a new line of credit totalling $1.7 billion was awarded for the project by the Indian government. The project will enable the eastern Asian nation to use its domestically produced crude to make transport and cooking fuel for local use.
India has been keeping a close eye on nearby energy projects that align with its own ambitions
India has one of the most diverse energy portfolios on the planet, no doubt a result of the astonishingly high demand for energy in the nation. India has one of the most densely populated regions of the world, which requires exceedingly diverse energy projects to meet demand. Now, the government is providing all the necessary funds to develop the Mongol refinery, while also providing the engineering contractors for the project.
The Mongol Refinery has signed a deal with India’s Megha Engineering and Infrastructure Limited
The deal lays out the detailed plan for the construction of the required components for the Mongol refinery, with specific technologies being provided by some of the largest energy companies in the world, at a price, of course. Notably, the technologies that are needed encompass the entire construction process, which India’s Megha Engineering and Infrastructure Limited is only all too happy to provide.
Some of the new tech for the project is:
A Hydrogen plant provided by Italian Kinetics Technology
Sulfur separation processes from the French company Axens
Gas processing plant from US UOP Honeywell, as well as hydrocracking
Visbreaking under license from the Dutch Shell company
The advancement of the Mongol refinery operations comes as nearby China has signed off on a new refinery and petrochemical complex in Dalian. The Asian energy market has been growing at an astonishing rate in recent months, paving the way for a new era of dominance led by the booming natural energy resource market in the region.
The clean energy revolution has not yet hit the Mongolian energy market
While the vast majority of the world is fostering investments in the renewable energy market, such as Turkey, which announced that AIIB and TSKB will fund a new 100 MW solar PV plant in the country, the renewable energy wave has not yet landed in Mongolia. Regardless, the construction of the Mongol refinery is moving forward, and the nation is set to become a new player in the traditional oil sector once operations begin later this year. By leaning on the vast expertise of India and the long list of international companies set to provide the required infrastructure, Mongolia is taking its energy future by the hand, leading it to a new era of domestic crude production.
By Warren

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TMK Energy scores fifth consecutive monthly Mongolian gas increase www.thewest.com.au

TMK Energy’s Mongolian coal seam gas play is starting to hum, with the company clocking another monthly rise in production.
For the fifth month in a row, gas output climbed at the company’s 100 per cent owned Gurvantes XXXV coal seam gas project, with December flows recording the strongest showing yet and carrying strong momentum into 2026.
The monthly year-end numbers tell a tidy story. Daily gas production reached a record of about 570 cubic metres, or more than 20,100 standard cubic feet per day, marking a 13 per cent lift on November’s average.
Notably, TMK says the well has produced at more than 20,000 cubic feet per day since Christmas Day, with water production holding steady at roughly 511 barrels per day, suggesting a strong level of consistency.
In coal seam gas, the combination of rising gas and stable water is precisely what engineers would want to see as reservoir pressure is steadily drawn down.
Looking at the bigger picture, progress across the wider project area appears even more striking. With all wells continuing to perform at greater than 99 per cent uptime, gas production is now more than four times higher than it was back in August, underscoring how far the pilot program has come in just a few months.
The continued month-on-month increase in gas rates is a very positive indicator that we are continuing to reduce the reservoir pressure and are approaching the all-important critical desorption pressure. Commercialisation of our enormous coal seam gas resource will be the focus for 2026 as the Pilot Well Project continues to advance towards what we fully expect to be materially higher gas production rates in the months ahead.
TMK Energy chief executive officer Dougal Ferguson
The critical desorption pressure threshold is a big deal in coal seam gas. Once it is crossed, production rates can accelerate materially, transforming a technical pilot into something with serious commercial legs.
With the odds of that outcome shortening by the month, TMK says it’s already looking beyond simply proving the wells can flow. Detailed planning and engineering works are underway to configure the pilot wells so the gas can be combined and potentially used to generate power on-site. Any excess electricity could then be sold into the local grid, presenting an early revenue angle for the company.
The potential for saleable gas is hugely important for the region. Mongolia is keen to strengthen its domestic energy security and a scalable, locally supplied gas project ticks plenty of boxes. For TMK, the production boost has also created optionality as it works through the next phase of development and engages with regulators and potential offtake pathways.
Looking ahead, the company has flagged the first commercial gas from its vast coal seam gas resource as a key focus for 2026. If the current trajectory continues and gas rates lift again as critical desorption is reached, the timeline to revenue may start to sharpen.
For now, TMK has done precisely what the market tends to reward in early-stage energy play by delivering consistent operational progress, reducing uncertainty step by step and letting the data and flows do the talking.
Delivering five consecutive months of rising gas production is not something that happens by accident, suggesting Gurvantes is beginning to find its stride.

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Russia Proposes Nuclear Power Plant & Uranium Mining Projects For Mongolia www.russiaspivottoasia.com

Mongolia is considering Rosatom’s proposal to build a small nuclear power plant, according to Alexey Evsikov, the Russian Ambassador to Mongolia. At present, Ulaanbaatar, the capital city, is powered by two Soviet-era coal-powered plants, which are both archaic and highly polluting during the winter months. The Mongolian energy system is also under enormous strain even at minimal loads.
Mongolia’s power grid is currently experiencing serious problems. Voltage levels at control points reach maximum permissible levels at night, even at minimum load. Ulaanbaatar also intends to reduce its dependence on imports—20% of its electricity is still supplied from Russia and China. A nuclear power plant would ensure the country’s clean energy stability.
Mongolia is also selecting a site for the facility, Evsikov said, adding that “Since August 2024, the Mongolian side has been reviewing a proposal from Rosatom to build a small nuclear power plant using cutting-edge, unparalleled technology. The facility is expected to be located in a region where a large number of new electricity consumers are expected to emerge.” That suggests it could be built in New Kharkhorum, the proposed new capital city being constructed about 230 km southwest of Ulaan Baatar. This in turn suggests that Ulaanbaatar’s needs will be met by the Power of Siberia 2 gas pipeline that will bisect Mongolia en route to China from Russia.
On September 2, 2025, a legally binding memorandum was signed on the construction of the Power of Siberia 2 gas pipeline and the Soyuz Vostok transit gas pipeline. The project will enable the annual supply of 50 billion cubic meters of gas from Russia to China via Mongolia. Mongolian Prime Minister Gombojavyn Zandanshatar called it the grand project of the millennium.
As concerns the proposed NPP, in September 2024, Rosatom stated that the technical design of the project to build Mongolia’s first small nuclear power plant was finalized. It was reported that the agreement could be signed during 2025. However, there have been no updates on this timeline, suggesting there has been some slippage.
The future nuclear power plant is crucial for ensuring Mongolia’s energy stability, according to Daria Saprynskaya, a research fellow at the Laboratory for Modern Central Asia and the Caucasus Studies at the Institute of Oriental Studies of the Russian Academy of Sciences. She has said that “Currently, gasification and coal play a vital role in ensuring Mongolia’s stability and security. A new nuclear power plant could potentially provide a sustainable source of electricity to replace coal-fired power plants, which is especially important for the development of large cities and industrial projects. For example, a small nuclear power plant project is being considered to supply electricity to New Kharkhorum.”
However, there is a financial aspect to this. The question is whether the country’s budget can afford to build a nuclear power plant, as the project is expensive. Nevertheless, Mongolia’s interest is clear. Previously, the Deputy Speaker of the Mongolian Parliament, Bekhchuluun Purevdorj, emphasized that if work on nuclear power plant construction begins now, the country will resolve its nuclear energy problem within 10-15 years.
Meanwhile, Evsikov has said that other Russia-Mongolia joint venture projects are being discussed, including uranium and rare earth element mining. He added that “Cooperation in the energy sector is a strategic area for Russia and Mongolia, as this is playing an increasingly important role in ensuring sustainable economic development.”
Bilateral relations between Moscow and Ulaanbaatar are experiencing a new wave of development. In early December, the first Russian / Mongolian Regional Forum took place. A cooperation program for 2026–2030, covering approximately 70 areas, was signed.
Russian Deputy Prime Minister Alexey Overchuk stated at the forum that Ulaanbaatar remains an important trading partner in Asia, as evidenced by the growing trade turnover. He stated that it increased by 17.8% in 2024 and by another 5% in the first nine months of 2025. Bilateral trade is approaching the US$2 billion mark, up from US$1.4 billion in 2020. Now, the two sides have the opportunity to further increase these figures, as trade cooperation has been boosted by Mongolia signing a Free Trade Agreement with the Eurasian Economic Union (EAEU). This agreement provides for the trade liberalization for 367 types of goods. Trade services are also being improved. For example, in October 2024, the Kyakhta customs and logistics terminal opened on the Russian-Mongolian border, simplifying trade flows and increasing throughput.
Overchuk said, “We see potential in increasing imports of Mongolia’s traditional goods—wool, cashmere, leather, and meat.” Mongolia exports meat, wool, and textiles, as well as substantial mineral reserves: gold, silver, iron ore, coal, copper, tin, nickel, and zinc. Upmarket Mongolian cashmere stores are now appearing in Russian shopping malls.
Mongolia mainly imports petroleum products, cars, buses and other transport vehicles and equipment, electrical equipment, metal products, food products, and pharmaceuticals from Russia.
Saprynskaya adds that water is an interesting area for cooperation between Russia and Mongolia, with Mongolian authorities previously proposing cooperation with Russia on the future construction of the Egiin-Gol hydroelectric power station project on the Selenga River, a tributary of Lake Baikal. The two sides are also focusing on the mutual preservation of large bodies of water.
Political dialogue is also currently on the rise. On September 2, 2025, Russian President Vladimir Putin met with Chinese President Xi Jinping and Mongolian President Ukhnaagiin Khurelsukh in Beijing. A year earlier, in September 2024, the Russian leader paid an official visit to the country. Following Vladimir Putin’s invitation, the Mongolian president also traveled to Moscow to participate in the 80th anniversary celebrations of Victory Day in May 2025.

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Hunnu City as an Urban Constellation for Mongolia’s 2050 Vision www.parametric-architecture.com

Bechu & Associés has emerged as the winner of the international open competition to shape the master plan for Hunnu City, a visionary new urban district south of Ulaanbaatar, Mongolia. Announced in 2025, the proposal sets out a long-term framework for a vast 31,503-hectare site near Chinggis Khaan International Airport, with development unfolding in carefully planned phases through 2045. Rooted in Mongolia’s ambitious Vision 2050 agenda, designed as a future urban city at the center of national priorities, supporting economic independence, strengthening climate resilience, and celebrating cultural identity.
Hunnu City is imagined as a regenerative urban masterplan, where infrastructure, landscape, housing, and community life evolve together in a renewed harmony between nature, society, and architectural innovation. From the initiation of the design process, the architecture rejects rigid, imposed geometry, instead allowing the land itself to shape the city, drawing cues from the open steppe, prevailing winds, water systems, and natural cycles to create a place that grows organically from its environment.
Hunnu City is imagined as a living urban system that listens to its surroundings and grows in harmony with natural and human flows. The design weaves together water reuse, renewable energy, ecological corridors, and smooth mobility to create a walkable, human-centered 15-minute city. Rooted in Mongolian traditions, the master plan draws inspiration from the sacred symbolism of the number nine. This idea is translated into the master plan as nine guiding pillars that frame the city’s vision. The pillars, including nature, heritage, resilience, and time, shape the city designed to evolve thoughtfully across generations.
At the heart of the master plan lies the idea of Amid Od, or “stars of life,” shaping the city as a modern constellation. These circular centers, inspired by the traditional Mongolian ger, serve as powerful identity anchors for future generations as well as cultural, social, energy, and food hubs. Organized through cellular planning, the city unfolds in living layers around density, activity, and programs around the Amid Od, then spreads out into gardens, productive landscapes, and open steppe. This gradual transition allows urban life and nature to merge seamlessly, creating a city that feels both grounded in tradition and open to the future.
Hunnu City as an Urban Constellation for Mongolia’s 2050 Future
Designed as climatic biomes with lightweight, adaptable envelopes, the buildings ensure comfort in Mongolia’s extreme climate. Passive solar strategies, heat recovery, and rainwater harvesting help balance harsh winters and hot summers. At the urban scale, ecological corridors, no-build zones, and water-sensitive landscapes mitigate wind, flooding, and hydrological risks. Resilience and circularity are embedded through near-zero energy urban cells, passively survivable buildings, and locally sourced, demountable materials. These systems are unified by intelligent smart-grid networks that optimize energy and resource use across the city.
Hunnu City as an Urban Constellation for Mongolia’s 2050 Future
The city’s urban architecture places food and soil at its core, treating food security as a foundation of true sovereignty. Regenerative farming, short supply chains, living soils, and circular water systems create a closed-loop cycle where water nourishes the land, the land produces food, and waste is transformed into energy, compost, and animal feed. This approach supports both settled communities and nomadic traditions, ensuring resources are locally sustained. The system strengthens the connection between human well-being, ecological health, and long-term prosperity.
Hunnu City as an Urban Constellation for Mongolia’s 2050 Future
The design unfolds as a living ecosystem where nature, culture, and people evolve together. By blending environmental intelligence with cultural identity, the vision moves beyond conventional urbanism and emerges as a forward-looking urban model that is sustainable and culture-driven.

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Mongolia's central bank purchases 16.3 tons of gold in 2025 www.xinhuanet.com

Mongolia's central bank purchased 16.3 tons of gold from legal entities and individuals in 2025, marking a 0.7 percent decrease compared to last year, according to the Bank of Mongolia on Friday.
As of December 2025, the Bank of Mongolia's average gold purchase price stood at 490,374.67 Mongolian tugriks (about 137.8 U.S. dollars) per gram, the bank said in a statement.
Purchasing gold is one of the key ways for the central bank to ensure the country's economic stability by consistently increasing foreign currency reserves, it added.
According to the central bank, Mongolia's foreign exchange reserves totalled 7 billion U.S. dollars at the end of December 2025.

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Mongolia's forex reserves reach record high in 2025 www.xinhuanet.com

Mongolia's foreign exchange reserves hit a record high of 7 billion U.S. dollars by the end of 2025, according to official data released by the country's central bank on Friday.
The figure represents a 27.14 percent increase compared to the previous year, the Bank of Mongolia said in a statement.
The central bank expects to increase the country's foreign exchange reserves to 10 billion dollars in the long term.
According to the regulator, Mongolia's foreign exchange reserves stood at 5.5 billion dollars by the end of December 2024.

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Mongolia Leads World Rankings in Memory, Mind Sports www.montsame.mn

Mongolian mind sports athletes have taken the lead globally. Specifically, Mongolia ranked first among the top five countries based on team scores earned during the 2025 World Championships.
The Mongolian team has competed in the world championships for 15 years and has been crowned world champion seven times, cementing its position as a leader on the international stage.
At the World Championship, the final event of 2025, the national team, comprising 37 athletes, claimed a total of 66 medals - 27 gold, 21 silver, and 22 bronze - out of a possible 90 medals. Additionally, the team secured 10 cups, demonstrating absolute dominance in the overall team standings. With this success, Mongolia leads the world's top five countries, followed by Australia, China, Vietnam, and Algeria.

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