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Tag: Mongolia

Posted on June 23, 2025

Mongolia’s industrial output drops 0.6 pct in first 5 months

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, …
Posted on June 23, 2025

Mongolia’s industrial output drops 0.6 pct in first 5 months

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, …
Posted on June 21, 2025

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 …
Posted on June 15, 2025

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 …
Posted on June 14, 2025

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.
Posted on June 10, 2025

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 …
Posted on June 7, 2025

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.
Posted on June 7, 2025

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 …
Posted on June 6, 2025

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.
Posted on June 5, 2025

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 …

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