The Asian Development Bank has launched a new country partnership strategy for Mongolia covering 2021–2024 to help the country recover from the coronavirus disease (COVID-19) pandemic and lay …
China-funded thermal power plant expansion completed in Mongolia
The completion and commissioning ceremony of the China-funded expansion of a thermal power plant was held Friday in Erdenet, capital of Mongolia’s northern province of Orkhon. The project was executed …
China-funded thermal power plant expansion completed in Mongolia
The completion and commissioning ceremony of the China-funded expansion of a thermal power plant was held Friday in Erdenet, capital of Mongolia’s northern province of Orkhon. The project was executed …
Mongolia: State-owned company files defamation suit against newspaper for environmental report
Globe International Center said the defamation suit filed by a Mongolian state-owned enterprise undermines media freedom and the public’s right to information.
Rio Tinto can afford to go halves in Mongolia
The miner’s $14 bln Oyu Tolgoi scheme is over budget and debt-laden, depriving its government partner of a return. Restructuring so only 50% of the project’s free cash pays down debt could restore …
Ambassador to Austria meets Austrian foreign ministry’s Secretary General
Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Austria G.Battungalag met with Peter Launsky, Secretary General at the Austrian Federal Ministry for European and …
New Terminal to Assist Mongolian Mining Recovery; Border Reopening Behind Expectation
The introduction of a new terminal should ultimately help Mongolia’s mining business to recover, says Fitch Ratings. However, border disruptions continue to cripple Mongolian Mining Corporation’s (MMC …
New Terminal to Assist Mongolian Mining Recovery; Border Reopening Behind Expectation
The introduction of a new terminal should ultimately help Mongolia’s mining business to recover, says Fitch Ratings. However, border disruptions continue to cripple Mongolian Mining Corporation’s (MMC …
E.Bayasgalan: We are waiting for Rio Tinto to give official response to the independent review
The working group in charge of implementing the parliamentary resolution No.92 dated November 21, 2019, titled ‘Ensuring the interests of Mongolia in the exploitation of the Oyu Tolgoi gold-copper …
Rio Tinto ready to cut rates on loans to Mongolia for Oyu Tolgoi development – FT
Global miner Rio Tinto RIO.AX is willing to cut interest rates on loans to the Mongolian government, given to fund its share of the construction costs at the Oyu Tolgoi copper-gold mine, the Financial …