The Government of Mongolia established a working group to ensure preparations for bringing the Borteeg section of the Tavan Tolgoi coal deposit cluster into economic circulation and to select an investor.
In bringing the Borteeg deposit into economic circulation, the Government will solicit proposals from investors transparently and openly, determine coal prices in accordance with market principles, ensure that the majority of the project’s benefits accrue to Mongolia, promote value-added construction and product manufacturing, and organize all stages of the process openly and transparently.
Accordingly, an international open call for expressions of interest will be announced on January 9 to assess investor interest at the initial stage.
Once the project is implemented, the benefits derived by citizens from natural resources will increase, the National Wealth Fund will expand, and the necessary financial resources will be formed to address pressing social and economic challenges.
A technical and economic feasibility study for the Borteeg deposit was prepared in 2020, and detailed exploration in accordance with the JORC standard was conducted. The updated bankable feasibility study is scheduled for completion in the first quarter of this year.
The license area held by “Erdenes Tavan Tolgoi” JSC includes strategically important sections of the Tavan Tolgoi coal deposit cluster, namely Tsankhi, Bortolgoi, Onchkharaat, and Borteeg.

Published Date:2026-01-08