An open parliamentary hearing on the Oyu Tolgoi Investment Agreement December 8, 10, and 12. The hearing was organized by the Interim Oversight Committee, whose official mandate is to supervise and review documents and activities related to safeguarding Mongolia’s national interests and increasing the benefits derived from the exploitation of the Oyu Tolgoi group of deposits.
As Oyu Tolgoi, one of the world's largest copper mines with the potential to rank among the top three globally, approaches peak production, the government is entering negotiations with Rio Tinto. Under their existing agreement, negotiations are stipulated every seven years, and this round of negotiations is particularly important. It aims not only to enhance Mongolia's returns from Oyu Tolgoi but also to resolve issues related to Entrée Resources.
The term of B. Lkhagvasuren, Governor of the Bank of Mongolia, ended in November 2025. Following this, the Speaker of Parliament, N. Uchral, nominated Sanjaa Narantsogt, former CEO of Erdenes Mongol LLC, as the next Governor.
