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Local News

ERDENES TAVANTOLGOI JSC HAS TRADED 64,000 TONS OF 1/3 COKING COAL

Erdenes Tavantolgoi JSC successfully traded 64,000 tons of 1/3 coking coal through the Mongolian Stock Exchange on February 20, 2025. The transaction was completed at a price of 72.4 USD per ton, with the coal to be delivered to the Gantsmod border checkpoint.

Since the commencement of the exchange, a total of 122 trades have been conducted, selling 25.3 million tons of coal valued at 2.86 billion USD, with 48% of the total coal sold consisting of 1/3 coking coal.

As part of its policy to utilize the Tavantolgoi deposit's resources efficiently without over-exploitation, the company has seen a 57-fold increase in the sale of 1/3 coking coal over the past two years.