1 MONGOLIA RECORDS USD 16.6 BILLION IN TRADE WWW.MONTSAME.MN PUBLISHED:2025/09/11      2 GOVERNMENT REPORTS OPERATIONAL IMPROVEMENTS AT ERDENES TAVANTOLGOI UNDER SPECIAL REGIME WWW.MONTSAME.MN PUBLISHED:2025/09/11      3 DIESEL LOCOMOTIVE CONVERTED TO HYBRID LOCOMOTIVE IN MONGOLIA WWW.RAILLYNEWS.COM  PUBLISHED:2025/09/11      4 MONGOLIA REVEALS ITS UNTAMED BEAUTY AND RICH CULTURE THROUGH THE EYES OF DUTCH TOURISTS ON AN UNFORGETTABLE ADVENTURE WWW.TRAVELANDTOURWORLD.COM  PUBLISHED:2025/09/11      5 ROBOTIC MILITARY DOG TRAINING FEATURED IN CHINA-RUSSIA-MONGOLIA BORDER DEFENSE EXERCISE WWW.NOVINITE.COM  PUBLISHED:2025/09/11      6 MONGOLIA DEPLOYS 15TH BATTALION’S SECOND CONTINGENT TO UN MISSION IN SOUTH SUDAN WWW.MONTSAME.MN PUBLISHED:2025/09/11      7 THE MONGOLZ RANKINGS RISE TO SECOND WORLDWIDE WWW.MONTSAME.MN PUBLISHED:2025/09/10      8 CHABOT MOBILITY JOINS MONGOLIA VOYAGER PROJECT TO EXPORT K-MOBILITY INFRASTRUCTURE WWW.BIZ.CHOSUN.COM  PUBLISHED:2025/09/10      9 "OYUT" COPPER DEPOSIT WITH 1.1 MILLION TONS OF PURE COPPER DISCOVERED WWW.GOGO.MN PUBLISHED:2025/09/10      10 CHINA-RUSSIA-MONGOLIA BORDER DEFENSE COOPERATION 2025 JOINT EXERCISE KICKS OFF WWW.ENG.CHINAMIL.COM.CN  PUBLISHED:2025/09/10      ЗАСГИЙН ГАЗРЫН WWW.D-GOV.MN ЦАХИМ СИСТЕМ ӨНӨӨДРӨӨС АЖИЛЛАЖ ЭХЭЛЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/11     ТӨМӨРТЭЙН ОВООНЫ ЦАЙРЫН ОРДЫН ТУСГАЙ ЗӨВШӨӨРЛИЙГ АЛБАН ТУШААЛТНУУД ХУВИЙН КОМПАНИДАА ШИЛЖҮҮЛЭН АВСАН ҮЙЛДЛИЙН УЛМААС ТӨРД УЧРУУЛСАН ХОХИРЛЫГ НЭХЭМЖЛЭХЭЭР БОЛОВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/11     ТӨСВИЙН АЛДАГДАЛТАЙ АЛБАН ТУШААЛТНЫГ ЧӨЛӨӨЛНӨ WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСӨЛД 2 ТЭРБУМААР ЗӨВЛӨХ ҮЙЛЧИЛГЭЭ АВНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/11     ИПОТЕКИЙН БАНК БАЙГУУЛАГДАХААС ӨМНӨ САНХҮҮЖИЛТИЙГ ЗАСГИЙН ГАЗАР РУУ ШИЛЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/09/10     Р.ЧИНГИСИЙГ ДОТООДЫН ЦЭРГИЙН ЕРӨНХИЙ КОМАНДЛАГЧААР ТОМИЛНО WWW.NEWS.MN НИЙТЭЛСЭН:2025/09/10     БИРЖИЙН НҮҮРСНИЙ ЭКСПОРТ 739 МЯНГАН ТОНН БОЛЖ, ӨМНӨХ САРААС ХОЁР ДАХИН ӨСЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10     “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК НҮҮРС БАЯЖУУЛАХ ҮЙЛДВЭРЭЭС ГАРЧ БУЙ ХАЯГДАЛ НҮҮРСИЙГ ДАХИН БОЛОВСРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/09/10     ХАЛЗАН БҮРЭГТЭЙН ОРДЫН АСУУДЛААРХ СОНСГОЛД ХОВДООС 50 ХҮН ОРОЛЦУУЛАХ ХҮСЭЛТ ГАРГАЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/09/10     “УЛААНБАДРАХ 300 МВТ ЦАХИЛГААН СТАНЦ” ТӨСЛИЙН ТЭЗҮ-ИЙГ МЭРГЭЖЛИЙН ЗӨВЛӨЛӨӨР ХЭЛЭЛЦҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/09/10    

Events

Name organizer Where
MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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Aspire's Nuurstei coal found to be of high quality premium coking coal www.gogo.mn

Aspire Mining Limited announced that a coal sample from Nuurstei’s coking coal project has been found to be of premium quality, according to the latest pilot coke testing.

Managing Director of Aspire Mining Ltd. David Paull noted, “The pilot coke testing results proved that it is possible to sell the Nuurstei project’s coking coal to Japan, South Korea and China’s steel manufacturers." The Nuurstei coking coal project is located in Khuvsgul Province and is connected to the Erdenet railway route.

The company's stock price rose by 4.35 percent on the Australian Stock Exchange after the announcement was made. Aspire Mining owns 90 percent of the Ovoot coal project and plans to build an Erdenet-Ovoot railway. ​

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South Korea wants railroad link to Russia through North Korea www.rt.com

Seoul, Moscow and Pyongyang can implement several major trilateral infrastructure and energy projects if stability is reached on the Korean peninsula, according to South Korean President Moon Jae-in.

One such project could be a railway that will be able deliver goods from Russia to South Korea through North Korea. "Once the Trans-Korean Main Line is built, it may be connected to the Trans-Siberian Railway. In this case, it will be possible to deliver goods from South Korea to Europe, which would be economically beneficial not only to South and North Korea but to Russia as well," Moon Jae-in said in an interview with Russian media ahead of his state visit to Moscow.

A gas pipeline coming from Russia to North Korea to be extended to the South is another possibility, he said. "We can also build a gas pipeline via North Korea, so that not only South Korea will receive Russian gas but we will also be able to deliver it to Japan," the South Korean president said.

The project to unite the Korean Peninsula with a gas pipeline has been discussed for a long time, but official talks started in 2011. The negotiations were frozen after relations between Seoul and Pyongyang deteriorated. Last week, Russian energy major Gazprom announced it resumed talks with Seoul over the construction of a gas pipeline connecting Russia with North and South Korea.

The countries could also connect their electricity grids, Moon Jae-in said. "We can also establish a powerline that would allow us to receive electricity from Russia. It could also be delivered not only to South and North Korea but also to Japan.”

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China's Xiaomi secures seven cornerstone investors for $6.1 billion Hong Kong IPO www,reuters.com

HONG KONG (Reuters/IFR) - Chinese smartphone maker Xiaomi Corp has lined up $548 million from seven cornerstone investors including U.S. chipmaker Qualcomm Inc for its Hong Kong IPO of up to $6.1 billion, according to a term sheet seen by Reuters.

Xiaomi, which also makes internet-connected devices, has set a price range of HK$17 to HK$22 ($2.17 to $2.80) each for its listing in the Asian financial hub, one of the biggest tech floats globally in recent years.

Other cornerstone investors include Chinese express delivery company SF Express, domestic telecom service provider China Mobile Ltd, state-backed investment firm CICFH Entertainment and state-run conglomerate China Merchants Group Ltd [CNMGP.UL].

The seven will take a combined 10 percent of the shares being offered, and the company will open the book to intuitional investors on ThursdXiaomi, China Mobile and China Merchants Group declined to comment. CICFH Entertainment, Qualcomm and SF Express did not immediately respond to requests for comment.

The IPO values the Beijing-based, Cayman-domiciled company at $54.3 billion - or $70.3 billion after a 15 percent “greenshoe” or over-allotment option which can be sold if there is demand. If the greenshoe is exercised, Xiaomi’s free float will be 9.99 percent of its enlarged share capital.

Xiaomi is selling about 2.18 billion shares in the IPO, 65 percent of which are primary, according to the term sheet. The selling shareholders are early investor Morningside, a Chinese venture capital firm, and Xiaomi managers Wong Kong Kat, Liu De, Heng Feng and Li Wanqiang.

The smartphone maker is also set to hand Hong Kong’s equity bankers one of the biggest paydays in recent years.

According to a preliminary offering document, Xiaomi is looking to pay an underwriting commission of 1 percent and an incentive fee of up to 0.25 percent. That means 23 banks on the IPO would share a total fee of about $76 million, if Xiaomi prices at the top of its range.

While the sheer size of the deal makes the fees attractive, the commission rate is lower than what Postal Savings Bank of China paid in its $7.6 billion IPO in 2016, the world’s biggest listing in four years. The lender paid an underwriting commission of 1.1 percent and an incentive fee of up to 0.5 percent.

Reuters reported on Tuesday that Xiaomi had lowered its likely valuation to a range of $55 billion to $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO.

The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back home.

Xiaomi had been expected to raise up to $10 billion, split between its Hong Kong and mainland offerings.

The delay to its CDRs is a blow for Chinese officials, who designed them as a means for China to compete globally for major tech listings and give mainland investors access to the country’s tech champions.

Xiaomi’s blockbuster Hong Kong offering on the other hand is set to be the first listing under new exchange rules designed to attract tech floats, as competition heats up between Hong Kong, New York and the Chinese mainland.

China’s largest provider of on-demand online services, Meituan-Dianping, also plans to file for a Hong Kong IPO later this week, which would be the city’s second multibillion-dollar tech float this year, people familiar with the matter said.

Meituan-Dianping said if it had specific plans to raise capital, it would announce them at an appropriate time. The people declined to be identified as the information was not yet public.

CLSA, Goldman Sachs and Morgan Stanley are joint sponsors for Xiaomi’s Hong Kong IPO.

Reporting by Fiona Lau of IFR and Julie Zhu; Additional reporting by Sijia Jiang; Editing by Christopher Cushing and Stephen Coates

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Mongolia to launch IPO for Erdenes TT www.news.mn

The Mongolian Cabinet has backed a decision to launch an IPO for 30 percent of Erdenes Tavan Tolgoi JSC on domestic and international stock exchanges. Furthermore, the Cabinet has obliged the Mining Ministry to commence railway projects between Tavan Tolgoi and Gashuun Sukhait, Tavan Tolgoi and Zuunbayan as well as Tavan Tolgoi and Khangi.

In 2017, Erdenes TT mined more than 10.1 million tons of coal and exported 8.4 million tons, amassing revenue of 1.1 trillion MNT. From this revenue, 243 billion MNT was contributed to the state budget.

Tavan Tolgoi is one of the world’s largest untapped coking and thermal coal deposits, located in the South Gobi Province in southern Mongolia. All of Tavan Tolgoi is owned by Erdenes MGL (a government-owned company) except for the Ukhaa Khudag section which is mined by the Mongolian Mining Corporation. Erdenes Tavan Tolgoi JSC (Erdenes TT), a subsidiary of Erdenes MGL, is managing the development of East Tsankhi, and the company is due to float on the Hong Kong, London and Ulaanbaatar stock markets in late 2012

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Border crossing between Mongolia and China reopens after demonstration www.news.mn

The main border crossing between Mongolia and China was closed for several hours after a demonstration by auto-traders occurred. The road crossing between Mongolia's Zamyn Uud and China's Erlian, China was the scene of the drama: The Chinese officials refused to allow the Mongolian auto-traders to bring19 Russian-built UAZ-469 jeeps into the country; infuriated at this decision, the traders lined up their vehicles, thereby blocking entry to the border crossing. The demonstration began on Tuesday evening.

The crossing, however, reopened earlier today after Mongolian Border Security officers and the Zamyn Uud Police Department moved in to clear the demonstration. Some of the auto-traders have been detained by the police.

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USD exchange rate rises www.gogo.mn

According to Bank of Mongolia’s currency exchange rates published on June 19, one USD equaled 2,426.5 MNT. When compared to the exchange rate in March, the USD has appreciated by 33 MNT. Currency appreciation was at its highest last week since the gradual hike beginning in March, with an 11 MNT increase.

The central bank sets and announces official foreign currency exchange rates each day. Financial analysts say that the USD appreciation in Mongolia is a direct result of the USD appreciation against China's yuan.​

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Four Przewalski horses transported to Mongolia www.radio.cz

A Czech military plane has transported four Przewalski mares to Mongolia for reintroduction into the wild, part of Prague Zoo’s long-standing programme to save the endangered species. The horses arrived in Mongolia on Wednesday morning.

Przewalski horse is a rare subspecies native to Mongolia, which became extinct in the wild in the 1960s. Prague Zoo has played a major role in saving the horse, breeding it and gradually returning it to its natural environment.

To date, the zoo has sent 31 horses to a nature reserve in the Mongolian steppe, where they have started breeding successfully.

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After meeting her father, Dr M agrees that Altantuya case should be re-opened www.thestar.com.my

PUTRAJAYA: The Altantuya Shaariibuu murder case should be reopened, says Prime Minister Tun Dr Mahathir Mohamad.

In a meeting with the victim’s father Dr Shaariibuu Setev and family lawyer Ramkarpal Singh on Wednesday (June 20), Dr Mahathir agreed that the 12-year-old case should be looked into again.

“He (Dr Mahathir) agreed that it is a case that warrants further investigation,” said Ramkarpal.

“The prime minister however is also adamant that the process must follow the rule of law.

“We also agree with him and have started the due process, which began with meeting the Attorney-General yesterday (June 19). We are confident that the rule of law will take its course.

“It was a very satisfactory meeting. The Prime Minister also spoke in detail with Dr Shaariibuu,” Ramkarpal told reporters outside the Prime Minister’s office here after the 30-minute meeting.

Also present were a Mongolian translator and a representative from the Mongolian consulate.

Dr Shaariibuu had lodged a report earlier on Wednesday (June 20) at the Dang Wangi police headquarters in Kuala Lumpur seeking a fresh investigation.

He also said Mongolian President Khaltmaagiin Battulga had spoken to him over the phone to thank Dr Mahathir.

After Pakatan Harapan won its historic victory in GE14 and took over Putrajaya, Khaltmaagiin had also written to Dr Mahathir.

“As the President of Mongolia, I pay special attention to the grave crime committed in Malaysia on Oct 18, 2006 – the murder of Ms Shariibuu Altantuya, a Mongolian national and a mother of two children,” Khaltmaagiin said in his letter.

He urged the then newly sworn-in premier to help bring justice to Altantuya’s family “to invigorate the atmosphere in the bilateral relations between our two countries”.

Two former policemen, Sirul Azhar Umar and accomplice Azilah Hadri, were convicted of murdering Altantuya in 2009 and sentenced to death by the High Court, although the Court of Appeal overturned this in 2013.

On the prosecution’s appeal, the Federal Court upheld their death sentences, but Sirul had fled to Australia by then.

Former political analyst Abdul Razak Baginda, who was charged together with them, was freed on Oct 31, 2008, after the court found no concrete evidence against him.

Meanwhile, Ramkarpal said the identity of the individual who ordered the murder of Altantuya could already be determined from the previous police investigation.

“I believe the previous investigation has already identified the person, or if there is more than one, who ordered the murder.

“Whoever ordered this should be brought to face justice. The crime is heavier than the one committed by those who followed orders and did the killing,” he declared.
Read more at https://www.thestar.com.my/…/after-meeting-her-father-dr-…/…

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Plastic bag to be banned from March 2019 www.montsame.mn

Ulaanbaatar /MONSAME/ The Cabinet made a decision to ban use and sale of disposable plastic bags starting from March 1, 2019.

The Government ban prohibits not only use and sale but also import and production of plastic bags thinner than 0.035 mm. Thus, it starts realization of a policy to restrict all sources that influence adversely to the nature and environment, noted Minister of Environment and Tourism N.Tserenbat and reported that the Mongolian Customs General Administration and the General Agency for Specialized Investigation will supervise implementation of the decision.

Furthermore, the Ministry initiated a campaign ‘Let’s Celebrate Naadam Festival Clean’.

B.Batchimeg

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Russia & India ditching US dollar in defense deals www.rt.com

Moscow and Delhi are seeking to bypass US sanctions by using the rupee and the ruble in facilitating military deals, according to Indian daily, the Economic Times.
The paper reports that US sanctions are hampering $2 billion in defense deals between Russia and India, as payments are getting stuck. The countries are seeking to avoid this by switching to settlements in domestic currencies and ditching the greenback.

India is one of the largest buyers of military equipment from Russia. Since the 1960s, the countries have signed military contracts worth $65 billion.

Now, trade deals between the countries are estimated at $12 billion. India is ready to purchase Russia's S400 air-defense system in a $5-billion deal. However, the sale is being heavily opposed by the United States, which is also trying to stop a similar deal between Russia and Turkey.

Defense deals between Russia and India are currently denominated in US dollars. The countries have discussed various ways of bypassing US sanctions, including payment in third currencies like the Singapore dollar. Talks are being conducted between Vijaya Bank and Indian Bank on the Indian side and Russia’s top creditor Sberbank.

An option that is now ruled out is paying in US dollars to non-sanctioned Russian entities. “This option was decided against as it would have opened up a lot of legal and audit issues, especially as defense deals are looked at very closely. No one wanted to take a chance,” a top official involved in the talks told the Indian daily.

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