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Tag: Mongolia

Posted on March 4, 2021

China’s Inner Mongolia Declares War on Crypto Mining

Nishant Sharma, founder and chief executive officer of BlocksBridge Consulting Ltd., an advisory firm focused on bitcoin mining, talks about the decision by China’s Inner Mongolia to ban …

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Posted on March 4, 2021

Mongolian ambassador meets SBF representatives

Ambassador Extraordinary and Plenipotentiary of Mongolia to the Republic of Singapore T. Lkhagvadorj met with representatives led by Darius Lim, Assistant Chief Executive Officer of the Singapore …

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Posted on March 3, 2021

“Improving access to finance in Mongolia” program approved

With the aim to enhance access to the economy, the Financial Regulatory Commission has developed a program “Increasing Mongolia’s access to finance.” …

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Posted on March 3, 2021

Rio Tinto and Mongolia agree to replace $7bn plan for Oyu Tolgoi underground expansion

The Mongolian government and international mining company Rio Tinto have agreed to work out a new arrangement to finance the costly expansion of the …

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Posted on March 3, 2021

Rio Tinto, Mongolia reach new Oyu Tolgoi expansion plan deal

Rio Tinto (ASX, LON, NYSE: RIO) and the Mongolian government are said to have reached a new agreement governing the $6.75 billion expansion of the vast Oyu Tolgoi copper-gold mine in the Gobi Desert.

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Posted on March 2, 2021

Rio Tinto, Mongolia reach deal to replace Oyu Tolgoi expansion plan

News of the agreement come as the Australian Taxation Office has hit the miner with a fresh A$406.5 million ($317m) bill.

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Posted on March 2, 2021

Rio and Mongolia agree to replace $7bn plan to expand copper mine

ULAANBAATAR — After weeks of escalating tensions and leadership turmoil, Mongolia and Rio Tinto have agreed to work out a new arrangement to finance the costly expansion of the vast Oyu Tolgoi …

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Posted on March 1, 2021

Inner Mongolia to Shut Down Crypto Mining Industry: Report

Inner Mongolia, an autonomous region of China, is banning cryptocurrency mining, according to a Bloomberg report on Monday. The region plans to force cryptocurrency mining projects to close by April, …

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Posted on March 1, 2021

China’s Inner Mongolia to end cryptocurrency mining, ban new steel, coke projects

China’s Inner Mongolia will end all cryptocurrency mining projects and stop reviewing new projects in industries which consume large amounts of energy, such as steel, coke and methanol production, as …

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Posted on March 1, 2021

Finance Minister receives Australian Ambassador

Minister of Finance B.Javkhlan received Ambassador Extraordinary and Plenipotentiary of Australia to Mongolia Dave Vosen on February 26.

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