1 FOREIGN TRADE TURNOVER REACHES USD 2.6 BILLION WWW.MONTSAME.MN PUBLISHED:2026/02/25      2 MONGOLIA REVOKES PERMITS OF SIX FOREIGN NGOS WWW.MONTSAME.MN PUBLISHED:2026/02/25      3 MINING DRIVES MONGOLIA’S ECONOMY AS REFORM MOMENTUM BUILDS WWW.EASTASIAFORUM.ORG PUBLISHED:2026/02/25      4 P.NARANBAYAR ANNOUNCES PLAN TO DRAFT LAW TO RESTRICT CHILDREN’S USE OF SOCIAL NETWORKS WWW.GOGO.MN PUBLISHED:2026/02/25      5 “EAGLE FESTIVAL-2026” TO BE HELD ON MARCH 7-8 WWW.GOGO.MN PUBLISHED:2026/02/24      6 BEATE DASTEL: UNICEF WILL CONTINUE THE IMPLEMENTATION OF SUCCESSFUL PROJECTS AND PROGRAMS IN MONGOLIA WWW.OPEN.KG PUBLISHED:2026/02/24      7 SAXAUL TREE CULTIVATED IN WINTER GREENHOUSE FOR FIRST TIME IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2026/02/24      8 MONGOLIA'S PROPOSED SENIOR UNSECURED NOTES ASSIGNED 'BB-' LONG-TERM FOREIGN CURRENCY RATING WWW.SPGLOBAL.COM PUBLISHED:2026/02/24      9 MOODY’S ASSIGNS B1 RATING TO MONGOLIA BONDS ON REFINANCING PLAN WWW.IN.INVESTING.COM PUBLISHED:2026/02/24      10 THE 2250-KM, MORE DIVERSE ALTERNATIVE TO THE TRANS-SIBERIAN RAILWAY WWW.BRISBANETIMES.COM.AU PUBLISHED:2026/02/24      НИЙСЛЭЛ ЗАРДЛАА ТЭЛЖ, ТРАМВАЙН ТӨСӨЛД 350 ТЭРБУМЫГ ЗАРЦУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/25     САНГИЙТ КАУР ДЕО: МАЛАЙЗЫН ТӨР БУРУУТАЙ ГЭДГИЙГ ШИЙДҮҮЛЭХ ЭЦСИЙН БОЛОМЖ УЧРААС МОНГОЛЫН ТӨР ХАМТРАН АЖИЛЛАХЫГ ХҮСЭЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     НИЙСЛЭЛИЙН ТӨСӨВ: COP17 ХУРАЛД 70 ТЭРБУМ ЗАРЦУУЛЖ, 200 ТЭРБУМЫН БОНД БОСГОЖ V ЦАХИЛГААН СТАНЦ БАРИНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/25     ХӨРСНИЙ УС, ҮЕРИЙН ХАМГААЛАЛТЫН ТӨСЛИЙН ТЭЗҮ-ИЙГ БОЛОВСРУУЛАХ АЖИЛ 90 ХУВЬТАЙ ХЭРЭГЖИЖ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/24     COP17 БАГА ХУРЛЫН БЭЛТГЭЛ ХАНГАХ ХҮРЭЭНД ТЕНДЕРГҮЙ, ШУУД ХУДАЛДАН АВАЛТ ХИЙХ ЭРХИЙГ ӨГЧЭЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/02/24     "ЭРДЭНЭБҮРЭНГИЙН УСАН ЦАХИЛГААН СТАНЦЫН АЖЛЫН ЯВЦ 20 ХУВЬТАЙ БАЙНА" WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/24     ТӨМӨР ЗАМЫН ТЕРМИНАЛЫН ДЭД БҮТЦИЙГ САНХҮҮЖҮҮЛЭХ САНАЛ ТАВЬЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/24     НИЙСЛЭЛД ЖИЛДЭЭ 44.420 ТОНН ХУВАНЦАРЫГ ДАХИН БОЛОВСРУУЛНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/02/24     МОНГОЛ УЛС, БНСУ-ЫН ГХЯ ХООРОНДЫН СТРАТЕГИЙН УУЛЗАЛТ БОЛОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/02/24     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСЛИЙН ЯВЦ 60.5 ХУВЬТАЙ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/02/24    

Category

Events

Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Mongolia expects to settle Chalco debt in April www.montsame.mn

Ulaanbaatar /MONTSAME/ In regard to his meeting with Prime Minister J.Erdenebat on January 20, Erdenes Tavan Tolgoi CEO D.Ariunbold briefed reporters on the company’s operations at Tavan Tolgoi deposit, one of the world’s largest coal fields.

Since 2011, Mongolia has been paying off its USD 350 million debt to Chinese aluminum company Chalco in the form of deliveries of coal from East Tsankhi section of the Tavan Tolgoi deposit. According to the CEO, Mongolia’s debt to Chalco stands at USD 76.5 million.

Until March 31, Erdenes Tavan Tolgoi will supply coal from East Tsankhi to Chalco at the rate USD 59.3. “We estimated that the Chalco debt will be settled by April this year”, the CEO said.

About a month ago, Erdenes Tavan Tolgoi JSC resumed its operations at the West Tsankhi section of the deposit. During this time, the company has exploited 1.2 million tons of soil extracting 400-500 thousand tons of coal.

When asked how much coal the company plans to extract in 2017, he answered, “The Board of Directors of the company gave instructions to export 11.5 million tons of coal, and we see that it is possible”.

Erdenes Tavan Tolgoi JSC is a subsidiary of state owned investment company Erdenes Mongol which fully owns the Tavan Tolgoi deposit.



Published Date:2017-01-21

  • Terms of Reference
  • About
  • Contact Us

Managed by: B2BMongolia www.b2bmongolia.com

Events

News

Facebook