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Mongolia

Mongolia is a landlocked country in East Asia, bordered by Russia to the north and China to the south. The capital is Ulaanbaatar. With a population of about 3.3-million spread across 1.6-million square kilometres, it is one of the world's most sparsely populated nations. Mongolia's economy is heavily dependent on mining and agriculture, with mineral exports accounting for the majority of foreign earnings. The country possesses vast reserves of copper, coal, gold, molybdenum, fluorspar, uranium and iron-ore, making it a significant destination for international mining investment. Major mining projects include the Oyu Tolgoi copper–gold mine in the South Gobi desert, operated by Rio Tinto, and the Tavan Tolgoi coalfields. The currency is the tögrög. Mongolia is a parliamentary republic and a member of the United Nations, the World Trade Organization and the Asia-Pacific Economic Cooperation forum. Since the transition from a Soviet-aligned socialist state to a market economy in the early 1990s, Mongolia has sought to balance its economic relationships between its two large neighbours while attracting foreign direct investment in its resource sector.

Mongolia News


Luda Technology chairperson and CEO Ma Biu_202610
Steel trader Luda Technology Group branches out to coal as first point of diversification
22nd October 2026 By: Marleny Arnoldi

NYSE-listed industrial steel components trader Luda Technology Group has announced its entry into the Mongolia-China coal trading business. Starting with thermal coal, Luda is expanding its... 


Coal mine in Australia
China's Australian coal imports surge to six-year high
20th October 2026 By: Reuters

China's coal imports from Australia surged in September to their highest level since April 2020, before Beijing's unofficial ban on Australian coal imports disrupted trade, customs data showed on... 


Image of Mongolia map/flag
Red Lake coal bed methane project, Mongolia
16th October 2026 By: Sheila Barradas

Jade Gas Holdings plans to develop coal bed methane resources within the Tavantolgoi XXXIII unconventional gas basin. 


Rio Tinto's Lac Tio ilmenite mine
Rio Tinto on track to release $5bn in capital after stronger Q3 iron-ore sales
14th October 2026 By: Reuters

Diversified miner Rio Tinto said on Wednesday it was on track to release about $5-billion in capital by the end of 2026, after strong mine performance helped lift third-quarter iron-ore sales from... 


Mining under way at the Boroo mine
Boroo and Ulaanbulag mines, Mongolia
2nd October 2026 By: Sheila Barradas

Gold mines located in Selenge province and Tuv province respectively. 


Coal mine
China’s coking coal supply squeeze seen lingering into 2027
23rd September 2026 By: Bloomberg

China’s coking coal squeeze is set to persist into next year, supporting strong import demand even as efforts to revive domestic output start to cool prices. The supply shock triggered by the... 


Burton coal complex
Surge in China's coal imports may start to taper off
11th August 2026 By: Reuters

China's coal imports surged to the highest this year in July but the strength is deceiving and built on short-term factors that are unlikely to persist. Total coal imports rose 23% in July from... 


Jade Gas drill rig in Mongolia
Jade Gas secures A$1bn funding for coal bed methane gas, LNG development in Mongolia
20th July 2026 By: Marleny Arnoldi

ASX-listed Jade Gas has executed a non-binding collaboration agreement with a consortium comprising PT Beijing Energy Linking (PTBEL), its lead contractor, and subcontractors PetroChina and Hunan... 


Mongolian coal mine
Coal-rich Mongolia aims to boost China trade ties despite dependence risk
19th June 2026 By: Reuters

Mongolia hopes to boost trade by more than a tenth this year with China, the biggest destination for its exports of coal and minerals, setting a target that will further boost economic dependence... 


Oyu Tolgoi mine
Rio Tinto resumes copper exports from massive Mongolian mine
18th June 2026 By: Bloomberg

Rio Tinto Group has resumed exports of copper concentrate from its vast Oyu Tolgoi copper mine in Mongolia following a short protest. The protesters began a blockade of a key road on Wednesday... 


Rio Tinto's Oyu Tolgoi concentrator in Mongolia
Protests at Rio Tinto’s Mongolia copper mine disrupt cargoes
17th June 2026 By: Reuters

A protest at Rio Tinto Group’s massive Oyu Tolgoi copper mine in Mongolia is threatening deliveries of concentrate, according to a social media post from the company’s local subsidiary. The... 


Gas from coal seam
Australia’s Jade Gas secures country-first approval of gassy coal seam reserves in Mongolia
1st June 2026 By: Marleny Arnoldi

ASX-listed Jade Gas Holdings has announced approval of its maiden reserves by the Mongolian Minerals Reserves Council (MRC) for its Tavan Tolgoi Coal Bed Methane (TTCBM) project, representing the... 


Steelworker at smelter
Chinese coal disaster to ripple through steel, power, chemicals
28th May 2026 By: Bloomberg

The Shanxi coal disaster is likely to hit Chinese output in the short term, raising costs for steelmakers, power plants and chemicals manufacturers. The explosion at a coking coal mine that killed... 


Truck being loaded with coal in Mongolia
Mongolia's coal shipments to China surge 61% in April, overtaking Indonesia
22nd May 2026 By: Reuters

China's coal imports from Mongolia surged 61% in April, propelling it ahead of Indonesia, which is traditionally the world's largest coal exporter and has long been China's top supplier of the... 


Rio Tinto expects Resolution Copper mine to open by mid-2030s
Rio Tinto expects Resolution Copper mine to open by mid-2030s
25th March 2026 By: Reuters

Rio Tinto aims to open Arizona's Resolution Copper mine by the mid-2030s but may need to export some of its copper concentrate due to the challenging economics of smelting in the US, a senior... 


Mongolia urges Rio Tinto to rewrite terms of Oyu Tolgoi copper mine, FT reports
Mongolia urges Rio Tinto to rewrite terms of Oyu Tolgoi copper mine, FT reports
10th March 2026 By: Reuters

Mongolia is seeking to renegotiate the "unfair" commercial terms of mining giant Rio Tinto's $18-billion Oyu Tolgoi copper mine, the Financial Times reported on Monday. Mongolia's Prime Minister... 


Simon Trott addressing the Rio Tinto results presentation on Thursday.
With Glencore deal off the table, Rio Tinto says copper growth already under way
6th March 2026 By: Mariaan Webb

After merger talks with diversified miner and trader Glencore fell short on valuation, diversified major Rio Tinto moved to emphasise that its copper growth strategy is already being delivered... 


Minister Tim Hodgson at the PDAC Convention this week
Canada sharpens critical minerals pitch at PDAC Convention
4th March 2026 By: Mariaan Webb

Canada used the global stage at the Prospectors and Developers Association of Canada (PDAC) Convention to sharpen its pitch as a critical minerals superpower, unveiling new funding vehicles,... 


Simon Trott addressing the Rio Tinto results presentation on Thursday.
With Glencore deal off the table, Rio Tinto says copper growth already under way
19th February 2026 By: Mariaan Webb

After merger talks with diversified miner and trader Glencore fell short on valuation, diversified major Rio Tinto moved to emphasise that its copper growth strategy is already being delivered... 


Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow
Rio Tinto annual earnings flat as iron ore weakens, copper cushions blow
19th February 2026 By: Reuters

Rio Tinto on Thursday reported flat annual earnings that missed expectations as weaker iron-ore prices weighed on its core business, while stronger copper prices and higher output helped limit the... 


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pqt: 0.085s - ct: 0.138s - 275pq - 2rq
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