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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Events

Events

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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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Bill to be developed to establish Sovereign Wealth Fund www.montsame.mn

The cabinet today, March 10, held its weekly regular meeting and assigned Minister of Mining G.Yondon and Minister of Finance B.Javkhlan to develop bills on Sovereign Wealth Fund and Minerals Exchange.
This aims to collect benefits to receive from the underground wealth to the Sovereign Wealth Fund and achieve fair and just distribution to every citizen of present and future generations.
In connection with the necessity to valuate mineral products in line with international market value, increase their benefits and take control on related sales and revenues, the cabinet deemed it is essential to have a law on Minerals Exchange.
Mining and extractive industries make up 22 percent of Mongolia’s total GDP, 71 percent of foreign direct investment and 94 percent of exports, reports the cabinet secretariat.
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Mongolia’s new international airport to open July www.news.mn

Mongolia’s Government has announced plans to resume international flights from May, 2021, following a temporary ban since mid February-2020 due to the outbreak of coronavirus. Therefore, international travellers who have taken the approved vaccines against COVID-19 will be allowed to enter Mongolia. Parallel with this decision, the Mongolian Government had work closely with Japan to begin the operation of its new international airport in Khushig Khundii from July. Tokyo’s role has been connected, primarily, with project finance.
The construction of the new Chinggis Khaan International Airport in Tuv Province – to the south of Ulaanbaatar – is currently 85 percent complete. The government is focusing on undertaking measures to equip the terminal with COVID-19 safe handling for international services, including the installation of glass barriers at check-in counters and establishing temporary isolation rooms.
Government officials have provided assurance that all air services at the old Buyant-Ukhaa site can be moved to the new international airport overnight without any flight delays. Overnight, the name of ‘Chinggis Khaan International Airport’ will also be transferred from Buyant-Ukhaa to Khushig Khundii. However, it is expected to cost MNT 60.9 billion for re-allocating airlines and MNT 248 billion for stabilising flights services.
Mongolian airlines transported 1.6 million travellers in 2019; this decreased to 440 thousand, mostly workers from the mining sector in 2020. These were internal flights. The only international flights, have been the charters repatriating Mongolian nationals from foreign countries. These flights are ongoing.
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16-20 thousand citizens to be vaccinated a day www.montsame.mn

Deputy Prime Minister and Head of State Emergency Commission (SEC) S.Amarsaikhan yesterday informed that the SEC had resolved to intensify immunization work from March 9 in the capital city and vaccinate 16-20 thousand citizens a day in 85 vaccination points.
“We are aiming to complete vaccination of whole adult population living in the capital city within April. In frame of it, officials are providing citizens with necessary information on the vaccines. Minister of Health was ordered to run vaccination under high management. Relevant officials were also tasked to enforce infection protection regime, improve supervision on it and pay attention to its management,” he added.
Furthermore, the Deputy PM stressed that the SEC would not put the capital city under public quarantine, but partial quarantine would be imposed if required.
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Elixir Energy begins 2021 Mongolia exploration program www.ogj.com

Elixir Energy Ltd., Adelaide, has commenced its 2021 field program in Mongolia with the spudding of Yangir-2.
This will be a fully rested core hole drilled immediately adjacent to its 2020 stratigraphic hole Yangir-1S which encountered 27 m of visibly bubbling coal seams.
Yangir-1S—drilled 347 m depth—terminated in December 2020 for operational reasons but opened the potential for a new subbasin in the company’s Nomgon coal seam gas production sharing contract area.
The new well is the first appraisal of that discovery.
Elixir has already made Mongolia’s first coal seam gas find in the PSC with the Nomgon-1 discovery in the Nomgon subbasin (OGJ Online, July 29, 2020). The well encountered a net coal intersection of 71 m that was fully gas saturated. A production test is planned for this year.
Overall, Elixir plans to drill 13 wells in the 2021 field program, along with the acquisition of 200 km of seismic and the one pilot production test.
The PSC is in the south Gobi region of Mongolia, close to the border with China.
Independent studies indicate the Nomgon PSC has potential to hold a recoverable resource of up to 7.6 tcf of gas.
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Mongolia confirms 36 daily cases of coronavirus www.akipress.com

Mongolia confirmed 36 new cases of coronavirus for the past day, the Ministry of Health said on March 9.
The total number of recovered people reached 2,765 as 117 more people recovered for a day.
As of March 9, the total number of confirmed cases of coronavirus in Mongolia reached 3,372 (+36), with 591 patients being treated at hospitals (three of them are in critical, three are in severe, and 585 are in moderate condition).
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Erdenes Tavan Tolgoi submits bond issuance request to Mongolian Stock Exchange www.montsame.mn

On March 5, 2021, “Erdenes Tavantolgoi” JSC submitted a request to Mongolian Stock Exchange to issue the highest amount of up to 2 trillion MNT /as well as USD/ bonds in the financial market for the implementation of major projects such as construction of strategically important railways, coal processing and thermal power plants.
The event was attended by Ashidmunkh.S, Head of securities and finance department of “Erdenes Tavantolgoi” JSC, leading underwriter Dayanbilguun.D Executive director of “BDSEC” JSC, underwriter Gantulga.S, Director of “MICC” JSC, and Altai.Kh, Executive director of Mongolian Stock Exchange.
The request will be reviewed by the Mongolian Stock Exchange and the Financial Regulatory Commission, and trading orders will begin once the relevant approval is issued.
By starting bond trading and investing in planned developments, the company planned to mine 186.1 million tons of coal, sell 172.6 million tons of coal, have a total revenue of 10,742.4 million USD, a net profit of 3,664.4 million USD, and contribute 2,479.9 million USD to the state budget in 2021-2025.
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Baby camel wool versus goat cashmere: Which is really better? www.montsame.mn

Article by PhD Ts. Enkh-Amgalan, Green Gold and Animal Health project manager
Asking the right question is as important as providing the right answer. The question I was originally going to raise was, can baby camel wool be a substitute for cashmere? If the answer is yes, then maybe the next question should be, can we develop baby camel wool products that would attract international buyers? Today, it is becoming more difficult to sell garments with “acceptable” quality and ”boring” designs, especially if the price is high. Furthermore, as environmental issues are consistently identified as the main development challenge of our time, world leaders have brought these issues to the center of the global development agenda. Feeling the immediate need for solutions to these issues, consumers all over the world have started to attempt to make culpable purchases, thereby investing in environmentally friendly production.
Mongolia, with over 65 million head of livestock freely grazing on natural rangelands, has much to offer to the world’s consumers when it comes to eco-friendly products of animal origin. Besides goat cashmere, Mongolia has the potential to offer other high quality natural fibres to the market, such as camel wool, yak down, and sheep wool.
As part of its goal to support eco-friendly production, thereby ensuring sustainable rangeland management and increasing the income of herder families, the Green Gold Project of the Swiss Agency for Development and Cooperation in Mongolia has been working to improve the value of yak down and camel wool over the last decade. Having seen the potential to attract consumers in the international market, the project started an initiative to develop products from baby camel wool. Compared to goat cashmere, the content of coarse hair in de-haired (processed) baby camel wool and yak down used to be 4-6%, while in goat cashmere it is 0.2%-0.3% or 20 times lower. One reason for this is that goat cashmere is collected by combing, while camel and yak wool was typically collected by shearing. In order to reduce coarse hair content, since 2014, Green Gold Project has been testing baby camel wool combing in Gobi-Altai, Bayankhongor, Umnugobi, Dundgobi, Dornogobi, Zavkhan and Uvs provinces. During these tests, it was realized that when combed, the collected fibre’s diameter is 15.4-16.1 microns and the average length is 38.5-42 mm, which makes it equal to goat cashmere in terms of quality. The project continues working with herder families in the Gobi region to deliver this exotic fibre of the best quality to appeal to international buyers.
Cashmere, well known as the most luxurious and best quality of luxury fibre, has been the main source of cash income among herders for decades. As the public is now aware that baby camel wool can be as fine as cashmere, there is hope among herders that the value of baby camel wool will increase.
Getting rid of old habits leads to new opportunities
Until recently, herders have prepared camel wool by shearing their camels. Identifying this old habit as the main reason behind the quality issue, the Green Gold Project has decided to introduce combing as a new method for camel wool preparation. In collaboration with researchers and herders, the project first tested this initiative in 2014. The test results proved that combed camel wool has much higher yields of quality fibre and lower hair content.
Camel wool consists of three different fibres: down, coarse hair, and dead hair. The coarse hair from a camel is 1.8-2 times longer than the down fibre. In this new technique, the coarse hair is sheared first. After that, the down fibre is combed from the rest of the wool. This technique helps to considerably reduce the hair content in camel wool. While hair content makes up 0.3% in combed cashmere, it makes up 3% in sheared camel wool. However, this number can be reduced to 1% if camel wool is prepared by combing.
In 2020, around 15 tons of combed baby camel wool is prepared by PUG cooperatives at the national level. The combed wool was supplied to domestic processors and, as a result, soft and luxurious products were made that could compete, from a quality perspective, with cashmere products.
We talked to Ts. Shirnen, one of the best camel herders in the nation, regarding how herders have adopted the new technique of combing baby camel wool. Ts. Shirnen, who is known for having the largest number of camels in Bayankhongor Province, said:
“As I have herded camels for years, I have always been eager to improve the quality of camel wool. Therefore, I have taken some measures to improve the quality of my breed. There are three top camel breed on my farm, such as the “brown” camels from Khanyn Khets, “red” camels from Galba Gobi, and “double-maned” camels from Tukhum Tungalag. We also have another breed of camel, the origin of which is not yet defined. The reason for putting more focus on the breeds is to bring the quality of camel wool up to the quality of cashmere. Because baby camel wool can be as fine as cashmere, herders have started preparing camel wool more responsibly. My family combs around 200 baby camels every year. The yield from each baby camel is approximately 1.5 kilos. We have used this approach for camel wool preparation for two years. Combing baby camels can actually be much more difficult compared to combing goats. Considering the level of work involved in combing baby camels, we hope that the value of camel wool will increase. In the future, if good quality fibre (of cashmere quality) is collected not only from baby camels, but also from adult camels, herders would slaughter less camels for their meat.”
Branding a one-year-old baby camel
According to a project study conducted in 2014, one-year-old baby camel wool can be as fine as cashmere. According to the results of this study, the diameter of fibre from one-year-old baby camels was 16.3 microns and fibre from two-year-old baby camels is between 17-18 microns. This shows that wool from one-year-old baby camels can be competitive with cashmere, the diameter of which is around 16.5 microns.
In order to introduce camel wool as a substitute for cashmere, thereby increasing the value of camel wool, the project is encouraging herders to comb one-year-old baby camels. Regarding the demand from domestic processors for baby camel wool, V. Bolormaa, a textile specialist at the Ministry of Food, Agriculture and Light Industry, said:
“If only one-year-old baby camels are combed, 50-60 tons could be prepared at the national level. Of course, this is not a huge number when compared to cashmere, which is around 8,000 tons annually at the national level. This shows the rarity of this unique fibre from baby camels. Therefore, this exotic fibre should be utilised for making only expensive and luxurious products. It is crucial to prepare raw materials properly and make improvements in primary processing. It is important not to mix camel wool with other types of wool at the factory. It is also crucial not to make mistakes during the scouring and de-hairing processes. The processors have to be careful at each stage of processing baby camel wool. In order to increase the value of camel wool, we need to put this exotic and luxurious fibre, which is specially prepared through combing, into production and promote it in the international market. We could increase the number of environmentally friendly camel herds by adding value to their fibre”.
In general, the dyeing of camel wool is difficult because coarse hair does not take any colouring and the coarse hair content of camel wool is much higher compared to goat cashmere (goat cashmere 0.15-0.25%, camel wool 3.5-4.5%). As this makes the colour look tainted and unclean, domestic processing companies were not in favour of dyeing camel wool. However, combed baby camel wool contains only 0.2-0.5% of coarse hair, which should make dyeing possible.
With the successful dyeing of baby camel wool, the Green Gold Project has provided manufacturers with the opportunity to make garments that equal cashmere not only in softness but also in range of colour. This offers the chance to establish a competitive and more sustainable alternative to cashmere in the national and international fashion and textile markets. This will greatly support the intended reduction in the use of cashmere and, correspondingly, in the goat population at the national level.
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Government to support private sector to import vaccines against COVID-19 www.montsame.mn

Deputy Prime Minister S.Amarsaikhan has held a meeting with representatives from national pharmaceutical supplier companies, such as Monos Trade, Mongol Em Impex Concern and Ach Ur.
While noting the importance of public-private partnership in intensifying the COVID-19 vaccination, the Deputy Prime Minister pledge to provide all necessary support to acquire vaccines without delay.
It was also informed at the meeting that Monos Trade and Mongol Em Impex Concern have delivered their official requests for authorization to the Ministry of Health to import AstraZeneca and Sputnik V vaccines.
The companies’ representatives also asked to take notice of the rising transportation costs due to restrictions of direct flights and pledged their readiness to cooperate with the government in every possible area, complying with the government decisions to protect the health and safety of the population.
According to the cabinet secretariat, the private companies will import vaccines against COVID-19 on the basis of risk assessment study within the framework of the government policies.
Yesterday, March 8, Deputy PM Amarsaikhan assured that Mongolia will fully vaccinate its adult population by July 1, 2021 and the ongoing vaccination program in the capital city of Ulaanbaatar will be sped up from March 9 and around 16,000-20,000 people will receive their first doses of COVID-19 vaccine at 85 locations, instead of 20.
In addition, officials from the Ministry of Health informed that as of March 8, there are reserves of 460,000 doses of vaccines against COVID-19 available in Mongolia, including 150,000 doses of AstraZeneca, 300,000 doses of Sinopharm and 10,000 doses of Sputnik-V. Government ministries are working and holding talks with foreign countries to receive more vaccines, according to the Ministry.
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Turquoise Hills profit jumps 41% on higher production www.reuters.com

Canada’s Turquoise Hill Resources Ltd posted a 41.4% rise in quarterly profit on Monday, helped by higher copper prices and increased production of copper and gold at its Oyu Tolgoi mine in Mongolia.
The results come a week after Chief Executive Officer Ulf Quellmann resigned amid a protracted dispute between the company and its top shareholder, Rio Tinto, over funding for the underground expansion of the Oyu Tolgoi copper-gold mine.
Mongolia had sought an agreement with Rio to cancel the deal underpinning the mine’s underground expansion, saying rising costs and project delays had eroded the expected benefits.
Oyu Tolgoi is one of the world’s largest copper-gold-silver mines. Rio owns 51% of Turquoise Hill, which in turn owns 66% of the mine. The rest of the mine is owned by government of Mongolia.
Copper production rose 26.4% to 41.6 thousand tonnes in the fourth quarter, while gold production surged 266.7% to 88 thousand ounces.
Rio Tinto-controlled Turquoise Hill said income attributable to owners of the company was $159.9 million, or 79 cents per share, for the three months ended Dec. 31, compared with $113.1 million, or 56 cents per share, a year earlier.
(By Arunima Kumar and Praveen Paramasivam; Editing by Amy Caren Daniel)
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Covid vaccines: How fast is progress around the world? www.bbc.com

More than 300 million doses of the coronavirus vaccines have been administered, in more than 100 countries worldwide.
However, there are vast differences in the pace of progress in different parts of the world.
Some countries have secured and delivered doses to a large proportion of their population - but many more are still waiting for their first shipments to arrive.
This information is regularly updated but may not reflect the latest totals for each country. Total vaccinations refers to the number of doses given, not the number of people vaccinated. It is possible to have more than 100 doses per 100 population as some vaccines require two doses per person.
Source: Our World in Data, ONS, gov.uk dashboard
Last updated: 8 March 2021, 16:58 GMT
Short presentational grey line
Who is receiving vaccines?
With an aim to give doses to nearly every adult around the world, this is the largest-scale vaccination programme in history.
The US and China have administered the highest number of doses, 90 million and 52 million respectively.
The UK ranks third, with more than 23 million.
But while nearly all of Europe and the Americas have begun vaccination campaigns, only a handful of African countries have.
Many poorer countries are relying on deliveries from Covax, an international scheme led by the World Health Organization (WHO) which is trying to ensure everyone in the world has access to a Covid vaccine.
Ghana became the first country to receive vaccines through this programme on 24 February.
Covax plans to deliver about two billion vaccine doses globally by the end of the year, but many vaccines require two doses per person.
Which vaccines are in use?
The vaccine produced by Pfizer and BioNTech was the first approved by the WHO.
It is still the vaccine being given in the most countries, but several others have been approved for use.
Chart showing the number of countries using each vaccine
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Most governments are starting with doses for the over-60s, health workers and people who are clinically vulnerable.
In countries such as Israel and the UK, there are already promising signs the vaccines are reducing hospital admissions and deaths as well as community transmission.
Worldwide, more than 200 vaccine candidates are undergoing trials to test their efficacy and safety.
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