1 MONGOLIA SEEKS TO BOOST COAL EXPORTS TO CHINA WITH NEW RAIL LINK WWW.BLOOMBERG.COM PUBLISHED:2025/02/07      2 OVER 44,000 EARTHQUAKES RECORDED LAST YEAR WWW.UBPOST.MN PUBLISHED:2025/02/07      3 DEFENSE MINISTER OF MONGOLIA VISITS US INDO-PACIFIC COMMAND WWW.AKIPRESS.COM PUBLISHED:2025/02/07      4 MONGOLIAN COMPANY EXPORTS PROCESSED CASHMERE AND WOOL PRODUCTS TO 17 COUNTRIES WWW.MONTSAME.MN PUBLISHED:2025/02/07      5 LARGE DINOSAUR FOOTPRINTS DISCOVERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/02/07      6 HOME FIRE KILLS 4 IN MONGOLIA'S CAPITAL WWW.XINHUANET.COM PUBLISHED:2025/02/07      7 MEETING WITH THE RECTOR OF THE NATIONAL UNIVERSITY OF MONGOLIA WWW.AMBULAANBAATAR.ESTERI.IT PUBLISHED:2025/02/07      8 CERTIFICATION OF BLOCK XX EXPLOITATION AREA AS STATE SPECIAL PURPOSE LAND WWW.PETROMATADGROUP.COM PUBLISHED:2025/02/06      9 BANK OF MONGOLIA PURCHASES 1.2 TONS OF PRECIOUS METALS IN JANUARY WWW.MONTSAME.MN PUBLISHED:2025/02/06      10 PWC MONGOLIA PUBLISHES THE FIRST ISSUE OF 2025 LEGAL INSIGHT SERIES WWW.AMCHAM.MN PUBLISHED:2025/02/06      “ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨМӨР ЗАМ” ТӨСЛИЙН ХЭЛЭЛЦЭЭРТ ГАРЫН ҮСЭГ ЗУРНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/02/07     ХӨДӨЛМӨРИЙН ЗАХ ЗЭЭЛД 83.7 МЯНГАН АЖИЛЛАХ ХҮЧНИЙ ЭРЭЛТ ҮҮСНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/02/07     УЛААНБААТАР ХОТОД 31158 ИРГЭН ИРЖ, 16822 ИРГЭН ХОТООС ОРОН НУТАГ РУУ ШИЛЖЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/02/07     ГАЗРЫН ТОС БОЛОВСРУУЛАХ ҮЙЛДВЭРИЙН ДОЛООН БАЙГУУЛАМЖИЙГ БАРИХ ГЭРЭЭ БАЙГУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/02/07     ХОТЫН ХҮҮХДҮҮДИЙН УУШГИНЫ АЖИЛЛАГАА ХӨДӨӨГИЙНХТЭЙ ХАРЬЦУУЛАХАД 40 ХУВИАР БАГА БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/07     МХБ: УУЛ УУРХАЙН БҮТЭЭГДЭХҮҮНИЙ БИРЖЭЭР I САРД ₮277.3 ТЭРБУМЫН АРИЛЖАА ХИЙГДСЭН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/07     “TMK ENERGY”-ИЙН “ГУРВАНТЭС XXXV” ТӨСЛӨӨС ОЛБОРЛОСОН ХИЙН ХЭМЖЭЭ I САРД 300 ХУВИАР НЭМЭГДЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/07     PETRO MATAD: ГАЗРЫН ТОСНЫ ХАЙГУУЛЫН "XX" ТАЛБАЙГ УЛСЫН ТУСГАЙ ХЭРЭГЦЭЭНД АВЛАА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/06     2024 ОНЫ БАЙДЛААР НИЙСЛЭЛД 11,350 ИРГЭН ХОЁРООС ДЭЭШ ОРОН СУУЦ ЭЗЭМШИЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/06     ИПОТЕКИЙН ЗЭЭЛИЙН ҮЛДЭГДЭЛ 2024 ОНД ₮1.6 ИХ НАЯДААР НЭМЭГДЖЭЭ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/02/06    

Industrial production grows by 5% www.ubpost.mn

According to the latest data released by the National Statistics Office, the industrial sector recorded a robust performance in 2024, with total industrial production increasing by five percent compared to the previous year. The total production was estimated at 32.2 trillion MNT, a growth of 1.5 trillion MNT year-on-year. This increase was primarily driven by expansions in the mining, quarrying, and energy sectors.
Production in the mining and extractive industries reached 22.8 trillion MNT in 2024, which was 1.2 trillion MNT, or 5.7 percent, higher than the previous year. The growth in this sector was largely attributed to hard and lignite coal mining, which increased by 834.7 billion MNT, or 8.8 percent, and metal ore mining, which rose by 509.1 billion MNT, or 4.9 percent. The electricity, gas, steam, and air conditioning sector also demonstrated significant growth, with production increasing by 191.2 billion MNT, or 10.2 percent.
In terms of physical volume, the production of copper concentrate, enriched coal, iron ore, zinc concentrate, fluorspar and iron ore concentrate increased by 12 percent to 50.6 percent year-on-year. However, the production of silver concentrate, unrefined gold, oil and fluorspar declined, showing decreases of five percent to 32.5 percent. In the processing industry, the output of key products such as lime, coal briquettes, liquid milk, beverages, cement and beef grew by 0.6 percent to 15.1 percent. On the other hand, products including pure alcohol, flour, cashmere knitwear, cathode copper and combed cashmere saw declines ranging from 4.2 percent to 46.3 percent.
The sales of industrial products in 2024 reached 50.4 trillion MNT, reflecting an increase of 6.6 percent, or 3.1 trillion MNT, compared to the same period in the previous year. Sales in the mining and extraction sector rose by 2.7 trillion MNT, or 7.5 percent, while the energy sector recorded a sales increase of 185.5 billion MNT, or 9.9 percent.
Preliminary data indicates that 36.2 trillion MNT worth of industrial products were sold in foreign markets. Of this, 60 percent came from coal mining, 35.6 percent from metal ore mining, 3.1 percent from oil mining, and 1.3 percent from other mineral mining sectors.


Published Date:2025-01-21