Mining Minister D. Sumiyabazar, Deputy Chairman of the Mineral Resources and Petroleum Authority (MRPA) L. Radnaasuren, and Chairman of Policy Coordination at the MRPA Ch. Chuluunbat were the main speakers, and talked to journalists about the industry’s 2017 report.

In 2017, the nation produced

47.1 million tons of coal,
1,317,000 tons of copper concentrate,
19.8 tons of gold,
5,600 tons of molybdenum concentrate,
7.7 million tons of iron ore,
3.7 million tons of iron ore concentrate,
108,900 tons of fluoride,
55,200 tons of fluoride concentrate,
82,700 tons of zinc concentrate, and
14,600 tons of copper cathode.
Industry sales tripled last year, reaching 15.2 trillion MNT.

As of February 5, the nation had a 38-day petroleum reserve. Minister D. Sumiyazbazar noted that a working group is currently drafting a package of amendments to the Law on Mining, and will submit them for review during the spring plenary session of Parliament.