Recent news
COAL EXPANSION AND GREEN POLICY
Mongolia is widely recognized as a major supplier of raw materials to the global market, particularly coking coal, copper, and cashmere. In fact, it can be said that these three sectors have firmly inscribed the name "Mongolia" onto the global value chain. Among them, coal deserves special attention. We are living in a time when we have reason to be grateful for our coal resources.
A SOLUTION TO BOOSTING REAL INCOME: THE BORTEEG DEPOSIT
Industry representatives have noted that, as climate change policies gain momentum worldwide, coal demand and prices are expected to decline after 2030. In response, many countries are pursuing policies over the next five years to bring their coal deposits into commercial development and fully tap their export potential, aiming to maintain stable economic returns, revenues, and profits.
WILL MONGOLIA JOIN THE GLOBAL HIGH-TECH VALUE CHAIN THROUGH RARE EARTH ELEMENTS?
As the world approaches the twin turning points of the energy transition and the Fourth Industrial Revolution, rare earth elements (REEs) have evolved far beyond their place on the periodic table. They are now a strategic asset-often described as a technological "weapon" - shaping national security, industrial and technological competitiveness, and technological sovereignty.
THE GOVERNMENT TO INTENSIFY NEGOTIATIONS WITH RIO TINTO ON INCREASING THE RETURNS OF THE OYU TOLGOI PROJECT
On Thursday, February 12, 2026, H. Amarjargal, Country Director of Rio Tinto in Mongolia; S. Munkhsukh, Chief Executive Officer of Oyu Tolgoi LLC; B. Dulamsuren, Chief Financial Officer; and Andrew Laya, Chief Operating Officer, met with the Prime Minister of Mongolia, G. Zandanshatar, and formally delivered the response letter from Katie Jackson, Chief Executive of Rio Tinto Copper.
RE-NEGOTIATING AROUND OYU TOLGOI TO ENABLE GREATER MUTUAL BENEFITS
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.
MISTAKES AND ACHIEVEMENTS OF THE OYU TOLGOI INVESTMENT AGREEMENT DISCUSSED AFTER 16 YEARS
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.
FLS DRIVING INNOVATION AND SUSTAINABILITY IN MONGOLIA'S MINING INDUSTRY
FLSmidth (FLS) is a global leader in mining technology, providing equipment, services, and digital solutions that enhance productivity, efficiency, and sustainability. In Mongolia, the company collaborates closely with local mining operators and authorities to address the unique challenges of the region.
PDAC announces 2026 Awards recipients
November 4, 2025, Toronto, Canada – The Prospectors & Developers Association of Canada (PDAC) is pleased to announce the recipients of the 2026 PDAC Awards, celebrating the people and partnerships driving discovery, development, and sustainable growth in the mineral industry.
PRECISION AND POWER: RAD TORQUE SYSTEMS’ EXPANSION INTO MONGOLIA’S GROWING MARKETS
RAD Torque Systems is a Canadian-based manufacturer specializing in high-precision torque tools designed for demanding industrial applications. With over 30 years of experience, RAD is recognized globally for its innovative pistol grip torque wrenches, widely used across industries such as mining, aerospace, construction, and energy.
“MINING IN MONGOLIA” DAY HIGHLIGHTS OPPORTUNITIES AT THE “CHINA MINING 2025” CONFERENCE
On the opening day of the China Mining 2025 event held in Tianjin, People’s Republic of China, a dedicated session titled “Mining in Mongolia” was successfully organized. This special event was collaboratively hosted by the Embassy of Mongolia in China, the Ministry of Industry and Mineral Resources, and the Mongolian National Mining Association (MNMA), with strong support from Oyut Ulaan LLC and the Erdenes Mongol Group.
