Poland will reopen its embassy in the Mongolian capital Ulaanbaatar in January 2021, the Polish Foreign Minister Zbigniew Rau announced on Thursday. Mr Rau said the decision was an important step in tightening relations between the two countries.

Also on Thursday, the Mongolian ambassador to Poland, H.E.Dorj Barkhas, was informed about the reopening of the Ulaanbaatar embassy at a meeting with Polish Deputy Foreign Minister Marcin Przydacz, Foreign Service Head Andrzej Papierz and Polish Ambassador to Mongolia, H.E. Krzysztof Bojko.

The Polish embassy in Ulaanbaatar was closed in 2009.

Ulaanbaatar /MONTSAME/. At the regular press briefing of the Ministry of Health today on December 20, it was reported that 8 new cases were detected in Mongolia after testing 8,416 people nationwide within the past 24 hours.

Of the eight new cases, six were recorded in Ulaanbaatar city and two were recorded from 2 citizens that arrived on a charter flight en route Frankfurt-Ulaanbaatar.

As of today, the number of confirmed cases has reached 961, with 509 recoveries.

A US panel of experts has voted to recommend the emergency approval of a second coronavirus vaccine.

The Food and Drug Administration (FDA) is expected to follow the recommendation, which means the Moderna vaccine could start being administered in the US as early as next week.

The vote came days after the country began its rollout of the Pfizer-BioNTech jab.

The US has recorded more Covid-19 cases and deaths than any other country.

Earlier this week, its coronavirus death toll passed 300,000.

The advisory panel on Thursday voted 20-0 with one abstention that the benefits of the Moderna vaccine outweigh the risks for those aged 18 and over. The same committee last week backed the Pfizer/BioNTech vaccine, leading to its authorisation for emergency use the following day.

The vote came after regulators reported earlier this week that the Moderna vaccine was safe and 94% effective.

The US has agreed to purchase 200m doses, and 6m could be ready to ship as soon as the vaccine gets FDA approval.

How does it differ from the Pfizer jab?

The Moderna vaccine requires temperatures of around -20C for shipping - similar to a normal freezer.

The Pfizer jab requires temperatures closer to -75C, making transport logistics much more difficult.

Like the Pfizer jab, the Moderna vaccine also requires a second booster shot. Moderna's second injection comes 28 days after the first.

The company is based in Cambridge, Massachusetts, and has said that if approved, the "vast majority" of its vaccine would be manufactured there.

Pfizer's drug is being manufactured in several countries, including Germany and Belgium.

Which other countries have ordered the Moderna vaccine?

In Canada, the government plans to get two million Moderna doses by March - part of a total 56m doses.

The UK has already pre-ordered 7m doses of the Moderna vaccine.

The European Union last month announced a contract to purchase of 80m doses - with an option to purchase up to 80m more - once the vaccine is deemed safe and effective.

Japan has signed up for 50m Moderna doses, South Korea for 20m, and Switzerland has ordered 7.5m, according to data compiled by the Duke University Global Health Innovation Center.

On December 14, 2020, the meeting of the External Advisory Committee of the “Switch Off Air Pollution” project was successfully organized online. The meeting was attended by Ambassador Extraordinary and Plenipotentiary of the European Union to Mongolia, Mr. Traian Hristea and Ambassador Extraordinary and Plenipotentiary of France to Mongolia, Mr. Philippe Merlin.

The project, which works to create a quality insulation market in Ulaanbaatar, aims to reduce air pollution by CO2 equivalent of 3.000 tons and reduce heat loss from ger area households by at least 15% as part of efforts to reduce air pollution in the ger area. This is the second meeting of the External Advisory Committee of the Project and this time, the Delegation of the European Union to Mongolia, the French Embassy, ​​the Ministry of Construction and Urban Development, the Ulaanbaatar City Governor’s Office, Xac bank, Mongolian Sustainable Finance Association, UNICEF, GIZ, World Vision, the World Bank’s Ulaanbaatar Clean Air and Additional Financing Project, Mongolian Women’s Foundation, Project Implementing Partners, project brigades and suppliers, and insulated households participated and discussed about the project results so far, future plan and its potential scale-up.

Opening the meeting, Ambassador of the European Union to Mongolia, Mr. Traian Hristea highlighted that “The fact that the Technical procedures of the EU funded project based on the European standards included in the Mongolia’s Construction Norms and Regulations is a major achievement.”

The French Ambassador to Mongolia, Mr. Philippe Merlin, stated that his visits to the beneficiaries of the project had been an opportunity to witness the significance of this project. He underlined his will to pursue the cooperation between France and GERES.

The activities of the External Advisory Committee of the “Switch Off Air Pollution” project is to provide support, guidance and oversight of progress advice, ensure delivery of the project outputs and the achievement of project outcomes; to deliver collective and professional advice and inputs on the project delivering products; to consult identifying key stakeholders and national policy makers in the decision-making process, who can then be engaged in advocacy towards systemic changes enabling better access to promoted materials and EE measures for potential customers, MSMEs, and suppliers.

During the meeting, leading partner, Geres updated about milestones the project has reached in 2020, such as: Insulation market creation in Ulaanbaatar, its Technical Assessment being approved in the Building codes and norms and so forth. COVID-19 impact report that was carried out by the project was introduced as well as the future planning and the starting of a scale-up study. One of the main topics that attracted the participants was the results of the Mid-Evaluation result highlighting the success of the project in terms of its technical procedures as well as the business model set-up.

The project is forming a market mechanism with a demand and supply chain. It does not only benefit the public, but it also aims to guarantee fair and attractive revenue to all the actors involved to ensure sustainability. Based on the needs and financial availability of the customers, the project offers different insulation options. If insulated fully by the project, the house can be 70% energy efficient decreasing heat loss in the house by the same amount. The engineering behind this innovative service began with an well-structured baseline study to understand the market incentive and continuous research and adaptation based on arising needs.

About Switch Off Air Pollution:

Co-financed by the European Union under the Switch Asia programme, with additional support from Abbe Pierre Foundation, Czech Development Agency and the French Development Agency; the Switch Off Air Pollution project is being implemented by Geres Mongolia, in collaboration with Building Energy Efficiency Center of the Mongolian University of Science and Technology, Mongolian National Construction Association and People in Need INGO during the 2018-2021 period.

Project website - www.dulaalga.mn

About Geres Mongolia:

Geres is an international NGO with expertise in energy and development, with over 40 years of experience in Europe, Africa, and Asia improving living condition

Chinese Foreign Minister Wang Yi called his Mongolian counterpart N. Enkhtaivan this week to tell him that China wants to swiftly reopen border crossings with Mongolia following weeks of gridlock.

The call suggests China wants better access to Mongolian coal as a ban on Australian imports takes effect.

Mongolia’s coal exports to China rose dramatically in September after China verbally told its producers to stop buying Australian coal, but nosedived again in November after a local outbreak of Covid-19.

Truck drivers shuttling coal over the border crossing at Gashuunsukhait had to take one Covid-19 test on either side, causing huge delays - videos posted to social media showed long lines of trucks and crowds milling around as sources indicated that up to 3000 trucks were stuck.

On November 23 only 211 trucks crossed the border (down from thousands per day months before), and on November 25, less than 20 trucks crossed.

According to Chinese state media, Yi said that “China is ready to discuss [the] expeditious resumption of normal personnel and cargo flows at border crossings with Mongolia while ensuring good prevention and control of COVID-19.”

Wang Yi also said China wants to ‘speed up’ the resumption of work on ‘key projects’. It is unclear what projects he was referring to.

Whilst coal was not explicitly mentioned in Chinese media reports on the phone call, Enkhtaivan released a statement mentioning the ‘sustainable trade in mining products.’

In addition, Wang Yi’s timing is interesting: his phone call to Enkhtaivan came around the same time as the state-owned Global Times confirmed that Chinese power plants are free to import coal from several countries ‘except Australia’.

China unofficially banned Australian coal months ago, but the Global Times article suggests that the ban is now official. The move prompted Australia to refer China to the World Trade Organisation, as it stands to lose up to $A14 billion per year.

The Times’ article quoted Wang Yongzhong, an energy director at the Chinese Academy of Social Sciences, as saying that China will source coal from Mongolia, Russia and Indonesia as alternatives.

However, there are indications that Indonesia may not be able to make up the shortfall - Mongolia actually became China’s top supplier of coal in October after Indonesian imports fell dramatically (with Russian supplies in second place).

In addition, China’s agreement to buy more coal from Indonesia has been criticised for being ‘light on details’ and ‘a long way for making up for lost volumes from Australia.’

Ulaanbaatar /MONTSAME/. The Hu has earned No.3 on Billboard’s World Digital Song Sales chart this week with their new song, ‘Sad But True’. The song is a Mongolian language cover of Metallica’s song, ‘Sad But True’, in their own style.

Previously, the band has also led the World Albums chart by Billboard with their debut album, ‘Gereg’, in September 2019. It was the first time for a Mongolian band to lead the chart with a Mongolian album.

Ulaanbaatar/MONTSAME/. Today, five new cases of COVID-19 were confirmed in Mongolia after testing 10,599 people yesterday, December 16, nationwide. The newly confirmed cases were locally acquired cases in Ulaanbaatar city.

During today’s press briefing on the Ministry of Health, Head of Surveillance Department of the NCCD A.Ambaselmaa informed, “Three out of the infected people, who were under isolation, have been confirmed by 2nd and 3rd repeated test. The other two cases have been patients undergoing inpatient treatment at the Central Hospital of Bayanzurkh District. They first were diagnosed negative by rapid test when they started receiving treatment at the hospital. However, their repeated tests on the 4th and 5th day after their entry to the hospital tested positive. It means they were admitted to the hospital while having in their incubation period. Therefore, contact tracing effort is in full swing.”

No new infections were recorded in Darkhan-Uul, Orkhon, Gobisumber, Selenge and Arkhangai aimags in the last 24 hours.

Today, the total cases of COVID-19 in Mongolia have reached 923, with 384 recoveries. The total locally acquired cases have reached 470; Ulaanbaatar – 145, Selenge - 216, Darkhan-Uul - 45, Orkhon - 25, Gobisumber - 4, Dornogobi -32, and Arkhangai -3.

Rio Tinto expects to achieve first production from the expansion of its giant copper mine in the Gobi Desert by October 2022 but only if it can reach agreement on several outstanding issues with the government of Mongolia and a Canadian subsidiary.

The company said on Wednesday that the budget for the first phase of the underground project at Oyu Tolgoi would come in at $6.75bn and it would start caving operations once it had received outstanding approvals, finalised a new power source and reached agreement on financing.

Its comments drew an angry response from Ulaanbaatar, which said it was surprised at Rio’s multiple references to “government approvals”.

“We are not aware of any approval requirements pending and necessary for the underground mine development,” a government representative said.

She added: “It could also be possible that any pending regulatory

approval is an excuse to blame the government of Mongolia for causing

issues for the project as was in the case in the past 10 years.”

Once complete, Oyu Tolgoi will be the world’s fourth-largest copper mine, initially producing 480,000 tonnes of the metal a year from its existing open pit and underground mine.

It is important for this strategically important project to deliver shareholder value as well as benefits to the government of Mongolia via taxes

Erdenes Oyu Tolgoi, state-owned company that holds the Mongolia government’s stake in the project

However, the project has been plagued by problems. Rio originally said the underground mine would reach first sustainable production in the first quarter of 2021 with a $5.3bn budget.

Tensions with the government, which is seeking to improve the agreements underpinning the mine development, have been mounting. Last month Ulaanbaatar called for an independent review of the cost blowout and overrun.

Rio is also at odds with the Canadian subsidiary through which it has exposure to the mine.

Oyu Tolgoi is 66 per cent owned by Toronto-listed Turquoise Hill Resources (TRQ), in which Rio has a 50.8 per cent controlling stake, and 34 per cent by the government.

Ulaanbaatar is funding its share of the underground development costs through loans from Rio. It will not receive any dividends from the project until these debts are paid back.

Oyu Tolgoi is a crucial part of Mongolia’s economy. Not only is it the country’s biggest source of foreign direct investment, it also provides thousands of well-paid jobs.

Erdenes Oyu Tolgoi, the state-owned company that holds the government stake, was also critical of Rio’s management of the project, saying the management team had “delivered negative financial value to its shareholders over the last five years.”

“It is important for this strategically important project located in Mongolia to deliver shareholder value as well as benefits to the government of Mongolia via taxes,” it said.

Rio is in a face-off with TRQ over how to plug a $3bn funding gap. The Anglo-Australian group wants to use a mixture of debt, equity and reprofiling of loans, while TRQ favours a package that does not include a sale of new shares.

TRQ launched arbitration proceedings against Rio in October in an effort to settle the financing dispute. It believes existing agreements allow it to raise supplemental debt.

Rio said on Wednesday that “all shareholders should contribute proportionately and share equitably in the benefit” from the expansion project.

The national livestock census has been underway across the country since the 15 December. According to statistics from 2019, there were a total 70.9 head of livestock animals; this was an increase of 4.5 million animals or 6.8 percent on the previous year.

The new Law on Livestock passed by Mongolian Parliament will come in force from January, 2021. According to the law, herders will pay taxes of up to MNT 2000 per animal dependent upon location.

The livestock population had risen to 90 million by nearly 20 million new born animals last spring. Subsequently, Mongolia culled 20 million animals for local consumption and exports needs. It is estimated that there will be between MNT 70-140 billion from the livestock taxes.

(Reuters) -Rio Tinto named Chief Financial Officer Jakob Stausholm as its next chief executive on Thursday, defying expectations it would pick an external candidate to repair its image after its destruction of sacred Aboriginal rock shelters.

The destruction of the 46,000-year-old Juukan Gorge rock shelters, while legal, sparked public and investor uproar that ultimately led to the resignation of incumbent Jean-Sebastien Jacques and two deputies.

Stausholm, who joined Rio as CFO in 2018, is now tasked with the tough job of repairing strained relationships with investors and the Aboriginal community while reforming the mining company to improve oversight.

Rio’s choice of an internal candidate was a surprise as most bankers and investors had expecting the company to choose an outsider to start with a clean slate.

“This decision appears to be further evidence of poor corporate governance and suggests a lack of any credible succession planning,” said Doug McMurdo, chairman of Britain’s Local Authority Pension Fund Forum which represents 82 members with 300 billion pounds ($408 billion) under management.

“It further raises questions about Rio Tinto’s corporate culture over the last few years,” he said, adding that it also showed there had been a lack of consultation by Rio Chairman Simon Thompson with investors.

The board’s handling of the aftermath of the cave blasts has cast a shadow over Thomson’s tenure.

Analysts at Morgan Stanley said Stausholm’s appointment could indicate little change in the overall strategy but that it should minimize the typical disruption period caused by management transitions.

Shares in London, which are at record highs on booming iron ore prices, had climbed 1.8% by 1135 GMT.