1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

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

NEWS

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Minmetals confirms China rare earths merger, creating new giant www.reuters.com

China Minmetals Rare Earth Co said on Wednesday it would merge with two of China’s other top rare earth producers into a new company under the state assets regulator, creating a global force in the strategic industry.
China is the world’s dominant producer of rare earths, a group of 17 minerals used in consumer electronics and military equipment. Moves to consolidate China’s “Big Six” state-run rare earth companies have been seen as a way to boost influence over pricing.
China’s control of 85-90% of the rare earths processing sector means an uneasy reliance on Chinese supply for the United States, especially at times of high trade tensions.
Minmetals Rare Earth, which had flagged in September that talks about such a restructuring were underway, said in a filing its parent had been notified by the State-owned Assets Supervision and Administration Commission (Sasac) that the merger had been approved.
Under the merger, the equity of Minmetals Rare Earth, Chinalco Rare Earth & Metals Co and China Southern Rare Earth Group Co will transfer into a new company, which was not named.
CRU Group consultant Daan de Jonge said the combined entity would be second only to China Northern Rare Earth Group in terms of overall rare earths output and account for around 70% of China’s heavy rare earths production, based on quotas for the first half of 2021.
“This will mean that the pricing power of key rare earths, such as dysprosium and terbium, will be in the hands of one ‘super group’,” he said.
Dysprosium and terbium are key inputs for rare earth magnets, used in everything from electric vehicles to wind turbines.
Prices for both are up around 50% in 2021, striking multi-year highs as demand recovers from a pandemic-driven dip, while power curbs on Chinese industry and disruption to ore supply from Myanmar have constrained production.
Jiangxi Ganzhou Rare Metal Exchange Co, a fledgling bourse for spot transactions, and Ganzhou Zhonglan Rare Earth New Material Technology Co will also be folded into the new entity.
Ganzhou, a city in southern China’s Jiangxi province, is home to Minmetals Rare Earth and China Southern Rare Earth Group. It is a hub for heavy rare earth smelting and separation – or processing into a form that can be used by manufacturers.
Outside China, most investment in separation is in the United States, Australia and Britain, but the majority is focused on light rare earths, de Jonge said. That means heavy rare earths would still need to be separated in China, he noted.
(By Tom Daly and Ella Cao; Editing by Andrew Heavens, Kirsten Donovan and Jane Merriman)
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COVID-19: 191 new cases reported www.montsame.mn

The Ministry of Health reported today that 191 new cases of COVID-19 have been reported in the past 24 hours. Specifically, 97 cases were confirmed in Ulaanbaatar city, with 87 cases in rural regions and seven imported cases.
In addition, one COVID-19 related death has been reported, raising the country’s death toll to 1,978. Of the 2,076 patients currently undergoing treatment at hospitals, there are 758 patients in mild, 1,017 in serious, 267 in critical, and 34 in very critical conditions.
As of today, the coverage of 1st dose is 69.6 percent (2,265,155) and 2nd dose – 66.4 percent (2,161,678) of the total population. Moreover, 876,936 people (27.0 percent) have received 3rd dose or a booster shot of COVID-19 vaccines nationwide.
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Buyant-Ukhaa to be used as backup airport and business hub www.montsame.mn

With the opening of the Chinggis Khaan International Airport in the Khushig Valley, the Cabinet has decided to use the Buyant-Ukhaa Airport for civil aviation. Specifically, the airport will be used as a backup facility, reports Civil Aviation Authority of Mongolia. The annual cost is estimated to be MNT 9.8 billion.
“The cost can be recouped by putting the airport into economic circulation, and turning it into a business hub. We have received to cooperation proposals from numerous organizations which operate in the field of training, business, banking and finance. We plan to cooperate with international financial institutions as part of our 'Attractive Airport' policy,” said Chief of Civil Aviation Authority of Mongolia (MCAA) S.Munkhnasan during the meeting with the staff of the Aviation Information Service and the Buyant-Ukhaa Airport.
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Russian airline makes 1st flight with ‘green’ fuel www.rt.com

Russia’s S7 Airlines has successfully carried out the country’s first flight on sustainable aviation fuel (SAF).
The A320neo – which flew from the Airbus plant in Toulouse, France to Moscow – was fueled entirely by a mixture of SAF, consisting of organic compounds and classic aviation fuel. The fuel used for the flight had 10% of biofuel in it, but “even this amount reduced CO2 emissions on this flight by 7%,” or 1.7 tons, the airline said in a statement.
According to S7, the total use of SAF in the world currently stands at 0.03%. The airline carrier recently announced plans to achieve carbon neutrality by 2050.
Meanwhile, last week, several Russian airlines, including Aeroflot, announced the creation of the Eurasian SAF Alliance, which aims to start operating SAF-fueled flights in Russia on a regular basis no later than 2024.
“This is an opportunity for us to demonstrate that such flights are real and that they are the future of sustainable air transportation,” said S7 CEO Tatiana Fileva, adding that it is now up to the fuel sector to organize sufficient SAF production in the medium term.
The head of Airbus in Russia, Julien Franyatt, noted that Airbus planes are currently certified to fly on 50% of the SAF mixture, but the company plans to increase this figure to 100% by the end of the decade. Airbus has already delivered more than 75 planes using SAF, and a number of airlines around the world are already using the fuel for commercial flights. Most recently, US-based United Airlines operated the first-ever passenger flight using 100% SAF on one of its plane’s two engines on December 3.
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Mongolia bans public celebration of White Moon festival due to pandemic www.xinhuanet.com

Dec. 22 (Xinhua) -- Mongolia on Wednesday banned public celebrations of the traditional White Moon festival or the Lunar New Year due to the COVID-19 pandemic.
"The government has decided not to widely celebrate the upcoming White Moon due to the pandemic," the government's press office said in a statement.
Mongolians will be allowed to celebrate the holiday with their family members, it said.
The White Moon, one of the most celebrated and important holidays in Mongolia, symbolizes the start of spring and end of winter.
As of Wednesday, Mongolia has registered a total number of 388,872 COVID-19 infections, with 1,977 related deaths.
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Ivanhoe’s Kamoa exceeds annual copper guidance, with over 100,000t YTD www.mining.com

Ivanhoe Mines (TSX: IVN) announced on Wednesday that its Kamoa-Kakula joint venture in the Democratic Republic of Congo (DRC) has exceeded the upper end of its annual copper production guidance, with more than 100,000 tonnes of copper concentrate produced year-to-date, as of December 22.
The production figure is reported on a 100%-project basis. Ivanhoe has a 39.6% interest in the Kamoa JV and is the project operator. Zijin Mining Group (39.6%), Crystal River Global (0.8%) and the DRC government (20%) are its other stakeholders.
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Kamoa-Kakula first began producing copper concentrates from the Phase 1, 3.8mtpa capacity concentrator plant in May 2021. It subsequently reached commercial production on July 1, and is expected to produce 200,000 tonnes of copper per year.
Construction of the Phase 2 concentrator, which would be a “carbon copy” of the Phase 1 plant and double the annual production, is currently underway and is about 70% complete, according to Ivanhoe’s latest update.
Ivanhoe’s production guidance for 2021 was set at 92,500-100,000 tonnes, which was originally projected to be 80,000-95,000 tonnes. The annual production guidance was also previously increased in November, reflecting the successful completion of ramp-up of the Phase 1 concentrator.
“Kamoa Copper’s performance marks an excellent end to what has truly been a banner year for Ivanhoe Mines,” Ivanhoe’s founder and executive co-chair Robert Friedland said in a news release.
“We would like to extend heartfelt congratulations to the team at Kamoa-Kakula, who consistently exceeded expectations during the construction and development of the world’s newest world-scale copper mine, and have continued that outperformance as we have moved through ramp-up and into full production,” Friedland added.
Friedland also said the Phase 2 expansion remains “significantly ahead of schedule,” and the company is on its way to doubling annual copper production to approximately 400,000 tonnes starting early in Q2 2022.
So far in December, Ivanhoe has seen feed grades in excess of 6% copper, and recoveries have also been exceeding its design recovery of 86%, which, according to Friedland, bodes well for the company’s ability to efficiently ramp-up future expansions at Kamoa-Kakula.
The Ivanhoe management team now envisions the Phase 3 concentrator to enter production by the end of 2024.
Through planned phased expansions, the Kamoa-Kakula underground operation is positioned to become one of the largest copper producers in the world, with peak annual copper production of more than 800,000 tonnes.
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Boeing & Airbus urge delay of 5G www.rt.com

The world’s two largest planemakers, Boeing and Airbus, have called on the US government to delay the rollout of new 5G cell services next month, citing an “enormous negative impact on the aviation industry.”
In a joint letter to US Transportation Secretary Pete Buttigieg, the bosses of the two companies warned that “5G interference could adversely affect the ability of aircraft to safely operate.”
The letter cited research by trade group Airlines for America, which found that if the Federal Aviation Administration’s (FAA) 5G rules had been in effect in 2019, about 345,000 passenger flights and 5,400 cargo flights would have faced delays, diversions or cancellations.
According to a new rule, announced by the FAA earlier this month, pilots are forbidden from using auto-landing and other certain flight systems at low altitudes where 5G wireless signals could interfere with onboard instruments that measure a plane’s distance to the ground.
The new rule comes as US telecom giants AT&T and Verizon are due to deploy 5G services on January 5.
Last week, United Airlines CEO Scott Kirby said that the FAA’s 5G directives would bar the use of radio altitude meters at about 40 of America’s biggest airports.
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Mongolia records 328 new COVID-19 cases www.xinhuanet.com

Dec. 22 (Xinhua) -- Mongolia's Health Ministry on Wednesday confirmed 328 new COVID-19 cases over the past 24 hours, bringing the national tally to 388,872.
Among the latest confirmed cases, 125 were imported from abroad, and most of them are peacekeepers who have recently returned home from South Sudan, the ministry said.
Meanwhile, three more COVID-19 patients died in the past day, pushing the national death toll to 1,977.
So far, around 66 percent of Mongolia's population of 3.4 million have received two COVID-19 vaccine doses, while 870,175 people have had a booster.
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Petro Matad plans Mongolian oil in 2022 www.pemedianetwork.com

Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
AIM-listed independent Petro Matad expects to produce first oil from its Heron-1 well in Mongolia in mid-2022, the firm’s CEO Mike Buck says. The Heron field’s initial output is forecast to be just c.500bl/d. But production is expected to rise to around 6,000bl/d by 2024—roughly when a government refinery is expected to enter service—and to later peak at potentially 9,000bl/d. Covid-19 and the resulting strict Chinese border restrictions made it hard to operate in 2020-21, Buck says, but Petro Matad is now in advanced discussions with service providers to bring Heron-1 into production. The contractors are confident they can fit in the necessary work, despite a backlog of drilling and others..
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A cross-cultural Christmas in Mongolia www.peacecorps.gov

It was a beautiful, cold, and cloudless day in Mongolia, the “land of blue skies” — a place that had been my home for a little over a year. I swung open the door of my ger (yurt) and breathed in, filling my lungs with cold air. I was craving doenjang jjigae, a Korean soup with vegetables and tofu — one of my favorite Korean foods and one I missed during my time as a Peace Corps Volunteer in Mongolia.
The cold wind nipped at my cheeks as I hurried to get ready for the day. It was Christmas, the second one I was celebrating in Mongolia. I felt homesick and longed to see my family and spend the holiday with them. Our Christmas usually included a huge home-cooked Korean meal complete with barbecued meats, banchan (traditional side dishes), and lots of family time. Instead of all that, I grabbed a piece of arrul, a popular Mongolian snack of dried curds. My mouth puckered with the slightly sour taste as I headed to school.
At school, my students greeted me, wishing me a merry Christmas. For them, it was just another December day, but they knew it was a special day for me because I’d shared Christmas traditions with them the year before. I smiled as I greeted them in English. The presence of my students and the community comforted me. They had accepted me so quickly the previous summer when I started my service as an English teacher.
That Christmas afternoon, as I finished up lessons for the day, Saruul, the only other English teacher at my school, came up to me. “Ashley, should we make a feast?” Sarruul knew Christmas was a big holiday for many Americans. I accepted her offer and we headed to the provincial capital, about 30 miles away, to see what ingredients we could find.
Supermarkets in the capital had more variety than our local markets. We stopped at the largest in the city, where I was surprised to find an assortment of Korean foods — the first time I had seen them in the capital. Excitedly, I scooped up kimchi, deonjang (fermented soybean paste), zucchini, potatoes, and tofu. I was excited to satisfy my craving for Korean soup that night.
When we returned to the village, I headed to my yurt and, as I approached, I noticed the light was on. When I opened the door, I saw that my entire home had been decorated with twinkling lights. A small Christmas tree, decorated with tugriks, (the Mongolian paper currency traditionally used as a New Year’s decoration) stood in the corner. The group of colleagues and friends who had surprised me by decorating my home happily greeted me.
In that moment, I felt so grateful and accepted by my community. I was delighted. My table was overflowing with food and my fellow teachers were singing, "We Wish You a Merry Christmas.”
I made the deonjang soup quickly so that I could contribute it to the Christmas feast. I was worried that the pungent smell and the strong flavor of fermented tofu might put off some of my friends. The flavors were a contrast to the milder soups Mongolians usually ate. But they all loved it and even had seconds. I was so happy to celebrate my Mongolian-Korean-American Christmas with good friends and holiday cheer.
Ashley Baek
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