Mongolia’s industrial output reached 15.5 trillion Mongolian tugriks (4.33 billion U.S. dollars) in the first five months of 2025, a 0.6 percent decrease year-on-year, local media reported on Sunday, …
Rio Tinto agrees to $138.75m settlement for Oyu Tolgoi project in Mongolia
Rio Tinto has agreed to pay $138.75m (£103.39m) to settle a lawsuit alleging the company defrauded investors by hiding problems with its Oyu Tolgoi mine expansion in Mongolia, according to a Reuters …
Mongolia picks reformer to lead cabinet after former PM exits in scandal
By Michael Kohn A former foreign minister considered a reformer will head up the new government in Mongolia following the ouster of his predecessor, who resigned earlier this month. Zandanshatar …
What Mongolia’s New Prime Minister Means for Its Democracy
It’s either a triumph for people power or a worrying lurch towards authoritarianism, depending on whom you ask.
Rio Tinto faces major engineering change at Mongolia’s Oyu Tolgoi mine
Rio Tinto (NYSE:RIO) said copper production from its Oyu Tolgoi project in Mongolia will not increase as rapidly nor efficiently as expected, after the Mongolian government forced it to make a major …
How protests over designer handbags threw Mongolia into political crisis and sparked a prime minister’s resignation
Mongolia has been thrown into fresh political crisis with the country’s prime minister resigning following weeks of protests sparked by his family’s lavish displays of wealth.
Why Mongolia’s Prime Minister Oyun-Erdene Resigned
Oyun-Erdene Luvsannamsrain became Mongolia’s Prime Minister in 2021, after gaining prominence by helping to organize mass protests against corruption. Now, after protesters have taken to the streets …
Danone to invest in Kazakhstan production
In a statement, the ministry said Danone wants to double the plant’s exports to the Caucasus, central Asia and Mongolia, as well as start shipments to the Middle East and China.
Uzbekistan launches pilot freight transport along new corridor to China and Mongolia
TASHKENT, Uzbekistan, June 5. Uzbekistan’s Ministry of Transport, in cooperation with the Chamber of Commerce and Industry, has launched the first pilot freight transport along the …
Rio Tinto finds its mega-mine stuck between two Mongolian strongmen
From accusations of corruption to warring political factions, the resources giant faces big headwinds building the world’s fifth-biggest copper mine.