1 GOLD AND COPPER PRICES SURGE WWW.UBPOST.MN PUBLISHED:2025/04/02      2 REGISTRATION FOR THE ULAANBAATAR MARATHON 2025 IS NOW OPEN WWW.MONTSAME.MN PUBLISHED:2025/04/02      3 WHY DONALD TRUMP SHOULD MEET KIM JONG- UN AGAIN – IN MONGOLIA WWW.LOWYINSTITUTE.ORG  PUBLISHED:2025/04/02      4 BANK OF MONGOLIA PURCHASES 281.8 KILOGRAMS OF PRECIOUS METALS IN MARCH WWW.MONTSAME.MN PUBLISHED:2025/04/02      5 P. NARANBAYAR: 88,000 MORE CHILDREN WILL NEED SCHOOLS AND KINDERGARTENS BY 2030 WWW.GOGO.MN PUBLISHED:2025/04/02      6 B. JAVKHLAN: MONGOLIA'S FOREIGN EXCHANGE RESERVES REACH USD 5 BILLION WWW.GOGO.MN PUBLISHED:2025/04/02      7 185 CASES OF MEASLES REGISTERED IN MONGOLIA WWW.AKIPRESS.COM PUBLISHED:2025/04/02      8 MONGOLIAN JUDGE ELECTED PRESIDENT OF THE APPEALS CHAMBER OF THE ICC WWW.MONTSAME.MN PUBLISHED:2025/04/01      9 HIGH-PERFORMANCE SUPERCOMPUTING CENTER TO BE ESTABLISHED IN PHASES WWW.MONTSAME.MN PUBLISHED:2025/04/01      10 LEGAL INCONSISTENCIES DISRUPT COAL TRADING ON EXCHANGE WWW.UBPOST.MN PUBLISHED:2025/04/01      УСТСАНД ТООЦОГДОЖ БАЙСАН УЛААНБУРХАН ӨВЧИН ЯАГААД ЭРГЭН ТАРХАХ БОЛОВ? WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     САНГИЙН ЯАМ: ДОТООД ҮНЭТ ЦААСНЫ АРИЛЖАА IV/16-НААС МХБ-ЭЭР НЭЭЛТТЭЙ ЯВАГДАНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     МОНГОЛБАНКНЫ ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВАЛТ ӨМНӨХ САРААС 56 ХУВИАР, ӨМНӨХ ОНЫ МӨН ҮЕЭС 35.1 ХУВИАР БУУРАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     Б.ЖАВХЛАН: ГАДААД ВАЛЮТЫН НӨӨЦ ТАВАН ТЭРБУМ ДОЛЛАРТ ХҮРСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     1072 ХУВЬЦААНЫ НОГДОЛ АШИГ 93 500 ТӨГРӨГИЙГ ЭНЭ САРД ОЛГОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/02     Н.УЧРАЛ: Х.БАТТУЛГА ТАНД АСУУДЛАА ШИЙДЭХ 7 ХОНОГИЙН ХУГАЦАА ӨГЧ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/02     “XANADU MINES” КОМПАНИ "ХАРМАГТАЙ" ТӨСЛИЙН ҮЙЛ АЖИЛЛАГААНЫ УДИРДЛАГЫГ “ZIJIN MINING”-Д ШИЛЖҮҮЛЭЭД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ТӨМӨР ЗАМЫН БАРИЛГЫН АЖЛЫГ ЭНЭ САРЫН СҮҮЛЭЭР ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/02     “STEPPE GOLD”-ИЙН ХУВЬЦААНЫ ХАНШ 4 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2025/04/02     ҮЙЛДВЭРЛЭЛИЙН ОСОЛ ӨНГӨРСӨН ОНД ХОЁР ДАХИН НЭМЭГДЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2025/04/01    

Events

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

NEWS

64x64

“Eagle Festival-2025” to take place on March 8-9 www.gogo.mn

The annual “Eagle Festival,” which showcases the unique customs and traditions of nomadic eagle hunting, will be held for the 19th time at the “Chinggis Khaanii Khuree” tourist complex on March 8-9. The event aims to preserve and pass down the centuries-old heritage of eagle hunting to future generations while attracting visitors to experience this remarkable cultural practice.
A total of 22 eagle hunters from Bayan-Ulgii, Tuv, Selenge, and Arkhangai provinces will participate in the festival, alongside representatives from Kazakhstan and Kyrgyzstan. The festival is organized by the Capital’s Department of Tourism, the “Chinggis Khaanii Khuree” tourist complex, and the “Mongolian Eagle Hunters” association, with support from the Ministry of Environment and Tourism and the Bayan-Ulgii province’s Department of Culture and Arts.
The Eagle Festival is organized in the form of a competition and a race. At the beginning of the event, eagle hunters dressed in national costumes, carrying their eagles on their arms, and marching on horses specially trained for eagle hunting. From here, all elements, including traditional customs and the color design of the attire, are carefully judged and the best eagle hunter with the most beautiful national costumes, horses, and eagle equipment is selected. During this event, Kazakh art performances, clothing sales, and food services will also be organized, and you can visit Kazakh homes to get up close and personal with their unique customs and lifestyle.
The traditional method of taming and hunting birds of prey is called “Shuvuuchlakhui” and this tradition of eagle hunting originated among the nomads of Central Asia 6,000 years ago and has been preserved to this day. As a country that has preserved this tradition, Mongolia was officially registered on UNESCO's Representative List of the Intangible Cultural Heritage of Humanity in 2010.

...


64x64

Mongolia - a source of hope for Germany in the supply of CRM www.en.mininginsight.mn

Mongolia is one of the ten most resource rich countries in the world. In the south of the country, the Gobi Desert, there are gigantic deposits of copper, silver, gold, coal, fluorspar and other raw materials that are among the largest in the world. Mongolia's geology, which is characterized by diverse mineral rich strata from the Precambrian to the Quaternary, forms the basis for the country's mining potential. Above all, the country has an abundance of REEs, which are essential for cuttingedge technologies and the energy transition. This report analyses the geological formations that underlie Mongolia's resource wealth, highlighting carbonatite and peralkaline granitic rocks as prolific sources of REE mineralization. Important deposits such as the Mesozoic carbonatites Mushgia Khudag and Khotgor and the Devonian peralkaline granites Khalzan Buregtei emphasize the economic potential of these resources. 
ECONOMY
Mongolia is undergoing a structural transformation driven by the mining boom, the increase in foreign investment, partly financed by foreign loans, and the growing complexity of the private sector. GDP per capita fluctuates around USD 5,700, which puts the country in the category of upper middle income countries according to the World Bank's classification. As it is a miningdriven economy, the main growth has been fueled by the export of commodities such as gold, copper and cashmere. The mining sector contributed an average of 25.7% to Mongolia's GDP in the last three years. In 2023, Mongolia exported to 81 countries and imported from 159 countries around the world (Mongolian customs service 2024). Mongolia's most important trading partner was China (72.25%). The most important importers of Mongolian products were China (91.56%), Switzerland (4.39%), South Korea (0.83%), Russia (0.73%) and Italy (0.65%). Mongolia's most important import partners were China (40.55%), Russia (25.81%), Japan (7.75%), South Korea (4.49%) and USA (3.04%).
CHALLENGES IN COOPERATION WITH MONGOLIA
Economic challenges 
Although Mongolia is considered a fastgrowing economy in terms of GDP, the country is failing to diversify its economy. Mongolia's economic growth and government revenues are heavily dependent on mining. This dependence on extractable natural resources has come at a cost. According to the ranking of the World Competitiveness Ranking 2024, Mongolia is the 61st most competitive nation in the world out of 67 countries1. This situation leads to further challenges such as brain drain, increase in foreign debt, corruption, etc., which have a negative impact on the social well being of the population.
Challenges for the development of the transport and logistics sector 
Mongolia faces challenges in the areas of international trade, transit and socioeconomic development due to the lack of territorial access to the sea and the resulting remoteness or isolation from world markets as well as high transit costs. According to the 1982 United Nations Convention on the Law of the Sea, Mongolia has the right of access to the sea and freedom of passage. Mongolia has 4 ports in Russia and 3 ports in China for access to the sea. The most important port is Tianjin in China, through which 95% of shipments to and from Mongolia pass.
International connectivity - rail connection 
Ulaanbaatar Railway (UBTZ) is the only railroad company in Mongolia that owns the main line on the territory of Mongolia and is authorized to operate on the international railroad corridor. The TransMongolian Railway is connected to the TransSiberian Railway Corridor (OSJD Corridor No. 1) at the railroad junction of UlanUde, Russia, and to the Chinese Railway via Ereen hot, China (Figure 2). The current capacity of the UBTZ, due to the lack of connections to the mining areas, the limited number of rolling stocks, locomotives, throughput capacity of the railroad hubs and logistics facilities at the border and in Ulaanbaatar, is the biggest challenge for the railroad sector when it comes to expanding operations to meet market demand.
Transport routes to and from Germany 
Rail connections are possible via China and Russia. There are both searail and searoad transports between Germany and Mongolia via the port of Tianjin in China. The containers between Germany (Port of Hamburg and Bremerhaven) and China (Tianjin) are shipped by sea. This currently takes 35 days. Containers between Tianjin and Ulaanbaatar can be transported either by road or rail. Rail transportation between Tianjin and Ulaanbaatar usually takes 23 days. Road transportation on this route is rarely used and is carried out exclusively by Chinese forwarding companies. 
RARE EARTHS IN MONGOLIA 
Despite the lack of extensive exploration across Mongolian territory, significant REE concentrations have been identified in areas such as Khanbogd, Kharzanbüregtei, Lugii River, Mushgia Khudag, Khotgor, Shar Tolgoi, Mushgia and Ulaan Del. These include five different deposits, 71 occurrences and over 260 mineralized areas.
Carbonatites: 1Mushgia Khudag; 2Khotgor; 3Bayan Khoshuu; 4Lugiin Gol; 5Ulgii Khiid; 6Bayan Obo. 
Peralkaline granites: 7Khanbogd; 8Khalzan Buregtei; 9Ulaan Tolgoi; 10Tsakhir;11 Ulaan Del; 12 Shar Tolgoi; 13Maihan Uul. Number 6 is a large Bayan Obo REE deposit in Inner Mongolia, China.
REE EXPLORATION LICENSES 
In August 2023, Mongolia reported 983 exploration projects, most of which are privately owned. Due to the confidential nature of the exploration phase, detailed information about these projects is not accessible to companies due to legal regulations.
REE MINING LICENSES
In Mongolia, a considerable proportion of foreign direct investment has gone into the mining of minerals. This sector has attracted over 1,777 companies, which together hold 2,861 licenses (Fig. 14). Exploration has demonstrated the presence of uranium and thorium in Mongolian RE deposits. For example, Graupner (2012) confirmed the presence of monazite, a thoriumbearing RE mineral, in fresh samples from the Mushgai khudag area. The use of gamma spectrometry as a standard tool in RE exploration further emphasizes the presence of radioactive minerals in these deposits. In addition, traces of sulphide minerals were found in the carbonate ores of Mushgai khudag, Khotgor and Lugiin gol. 
PROCESSING AND ENVIRONMENTAL IMPACT 
The environmental problems associated with the mining and refining of rare earths are profound and include high resource consumption, the generation of chemical pollutants, emissions that lead to air and water pollution, the production of solid waste and the risk of radioactive radiation. Addressing these issues is essential for the sustainable sourcing of REEs. 
Mining and refining 
This first phase of REE ore processing comprises the mining and physical processing of the rare earth minerals. The rare earth minerals are separated from the nonvaluable minerals (gangue), resulting in a concentrated form of rare earth minerals. LREEs are mainly extracted in opencast mines, while HREEs are mainly extracted using insitu methods. 
Ion absorption ores 
Particularly in the case of HREEs, these ores are better suited for extraction and processing due to the ionic nature of rare earths. In particular, clay deposits with ion adsorption are rich in HREEs such as dysprosium and yttrium and exceed the concentrations in other minerals such as bastnäsite and monazite.
Chemical treatment and separation 
In this phase, the REE minerals, which are generally present as fluorocarbonates and phosphates, are converted into carbonates or chlorides. They are then separated using techniques such as ion exchange or solvent extraction. This chemical processing not only removes impurities, but also increases the concentration of rare earth oxides (REOs) to around 90 %. Various reagents are used in the process, including inorganic acids (sulphuric, hydrochloric and nitric acid), alkalis (sodium hydroxide and sodium carbonate) and electrolytes (ammonium sulphate, ammonium chloride and sodium chloride).
Roasting and leaching 
In the BayanObo process in Inner Mongolia (China), the REE concentrates are treated with concentrated sulphuric acid and heated in a rotary kiln. Gases are released during this process and the resulting roasting residue is leached with water to dissolve the rare earth sulphates. The solution is then neutralized, leaving a thoriumcontaining residue, and the purified leachate is precipitated with ammonium bicarbonate.
Solvent extraction and high-purity separation 
The process involves further evaporation of the strip brine after hydrochloric acid stripping to recover REE chlorides. To obtain highpurity REEs, a solvent extraction is carried out, which often requires several stages, sometimes more than 100.
Reduction, refinement and purification
The final step is the conversion of highpurity REOs into REEs or rare earth metals (REMs). This includes various reduction processes of anhydrous chlorides or fluorides, REOs and the fusedsalt electrolysis of chloride or REOfluoride mixtures.
CONCLUSIONS
Mongolia's geological endowment, which is characterized by diverse mineral rich strata from the Precambrian to the Quaternary, forms the basis for the country's mining potential. Above all, the country has an abundance of REEs, which are essential for cutting edge technologies. Important deposits such as the Mesozoic carbonatites Mushgia Khudag and Khotgor and the Devonian peralkaline granites KhalzanBuregtei underline the economic potential of REE mineralization in Mongolia. Due to the high transportation volume which is required the logistics for concentrates to Germany is very complicated and long lasting. As a consequence, the processing would have to take place in Mongolia, but the impact of rare earth mining and processing on the environment is extensive and complex and requires urgent attention and remediation strategies.
BY Thomas Hollenberg

 

...


64x64

The Renewed Feasibility Study of the Ulaanbaatar Metro Project Approved www.montsame.mn

The Scientific and Technological Council, established by the Order of the Minister of Road and Transport of Mongolia, held its meeting on February 21, 2025. At the meeting, Council members discussed and approved the Feasibility Study for the Ulaanbaatar Metro Project developed by a consortium comprising “Dohwa Engineering” LLC, “Korea Railroad” State-Owned Company, “Korea National Railway” LLC, and “Soosung Engineering” LLC. 
It is recommended that the suggestions and recommendations from the Council members be reflected in the feasibility study and detailed engineering design of the Ulaanbaatar Metro Project. 
The Ulaanbaatar Metro Project will have a 19.4 km metro line running from Tolgoit to Unity Park, including 15 stations and a maintenance depot. Once operational, the metro is expected to carry up to 17,200 people per hour in one direction during peak hours. The consortium, including “Dohwa Engineering” LLC, “Korea Railway,” “Soosung Engineering” LLC, and “Korea National Railway” LLC, has been selected as the contractor for the consultancy services for the high-capacity public transportation system project.  
The consortium has updated the 2013 feasibility study originally developed by the Japan International Cooperation Agency (JICA). As part of this effort, six fundamental engineering and geological studies have been conducted. Specifically, geological drilling was performed at 42 locations along the proposed metro route in Ulaanbaatar, with samples collected every 500 meters at a depth of 30 meters.

...


64x64

Mongolia and CNPC Discuss Long-Term Cooperation in Petroleum Supply www.montsame.mn

Minister of Industry and Mineral Resources of Mongolia Tuvaan Tsend met with Director and President of China National Petroleum Corporation (CNPC) Hou Qijun and Vice President of CNPC Zhang Daowei in Beijing, the People’s Republic of China, on February 21, 2025. 
At the meeting, CNPC’s Director Hou Qijun highlighted that the company, with its large oil refining capacity and annual production of more than 100 million tons of petroleum products, is fully capable of supplying products to the Mongolian market. The two sides expressed the need to establish a long-term cooperation agreement, ensure transport and logistics infrastructure, and create conditions for stable collaboration. 
The Daqing Oilfield, a subsidiary of CNPC with a history spanning over 60 years, has produced 2.5 billion tons of crude oil since its development, which accounts for 30 percent of China’s crude oil output.

...


64x64

SMRs highlighted for sustainable energy future www.ubpost.mn

Last week, State Secretary of the Ministry of Industry and Mineral Resources S.Javkhlanbaatar received Director General of the International Atomic Energy Agency (IAEA) William D. Magwood to discuss Mongolia’s contributions to the global energy transition and its efforts to enhance sustainable energy solutions.
The meeting highlighted Mongolia’s ambitious energy goals, with S.Javkhlanbaatar outlining that mining remains the backbone of the nation’s economy, contributing over a third of the GDP and accounting for 90 percent of its exports. However, the country faces significant challenges in energy supply, with approximately 20 percent of its energy needs met through imports.
The state secretary noted that the country has set a target of increasing the share of renewable energy to more than 30 percent by 2030, with a strong focus on reducing coal consumption and transitioning to cleaner sources of power. As part of this effort, the government is prioritizing the modernization of thermal power plants, the expansion of natural gas infrastructure, and the promotion of electric and hybrid vehicles to reduce air pollution, particularly in Ulaanbaatar.
One of the key highlights of the discussion was Mongolia’s collaboration with a French company on the launch of a uranium project. This initiative marks a significant step in developing nuclear energy as a renewable energy source, aligning with Mongolia’s broader strategy to diversify its energy mix and reduce dependence on coal.
Magwood, in turn, presented the ongoing work of the IAEA and the Nuclear Energy Agency, addressing critical challenges facing the nuclear energy sector. These include high development costs, supply chain constraints and a shortage of skilled human resources. He emphasized the importance of small modular reactors (SMRs) as a potential solution for global energy needs and urged Mongolia to actively participate in international nuclear initiatives and programs to enhance human resource capacity in this field.
The two sides agreed on several action points aimed at advancing cooperation. These include sharing reports on SMRs and the mining sector, inviting Mongolian representatives to participate in international nuclear energy events, and providing detailed information on the development of public relations and implementation mechanisms for nuclear projects.

 

...


64x64

D.Bum-Ochir: Tsagaan Sar is more than a holiday, it’s a form of psychotherapy www.gogo.mn

Member of Parliament D.Bum-Ochir highlighted the deep significance of the upcoming Tsagaan Sar (Lunar New Year) festival, emphasizing its role beyond mere celebration.
"Tsagaan Sar is not just a holiday, it is a form of comprehensive psychotherapy. During this time, people are expected to avoid anger, refrain from using harsh words, reconcile with those they may have conflicts with, and focus on positivity, kindness, and purity of heart and mind," he explained.
He noted that this tradition is one of the reasons the holiday is called Tsagaan Sar (Lunar New Year), as it symbolizes purity and renewal, fostering both individual well-being and social harmony.
"Naadam is the only one in the world, and Tsagaan Sar is the only one in the world too. It is a national holiday with profound psychological and cultural significance. Comparing Tsagaan Sar to other Asian spring festivals without recognizing its distinct Mongolian identity diminishes its true value," he stated.
D.Bum-Ochir further emphasized the importance of preserving Tsagaan Sar’s unique Mongolian characteristics for future generations, ensuring its cultural and symbolic meaning endures.

...


64x64

Reservoir to Be Built on Selbe River for Flood Prevention www.montsame.mn

The progress of the "Selbe Revival", Selbe Sub-Center Housing Project in Ulaanbaatar city, including land acquisition, construction of a reservoir, and flood protection structures is 78.2 percent complete.
Head of the Department of Geodesy, Water Construction and Structures of Ulaanbaatar City B. Byambasaikhan reported on the project during a Consultative Meeting of the Capital City's Management Staff.
The feasibility study, geodesy, topographic mapping, engineering and geological survey, detailed environmental impact assessment, detailed design work of roads and bridges, engineering and geological surveys of bridge structures, bicycle, and pedestrian paths for the "Selbe Revival" project have been completed.
To protect against flood risks and restore the flow of the Selbe River, a reservoir with a volume of 1.3 million cubic meters will be built in the middle part of the river, in some parts of Bayanzurkh and Sukhbaatar districts, where flood water accumulates more. The reservoir will cover 21.7 hectares of area, 2.5-4 meters deep, and construction is planned to begin this April.

...


64x64

ISACA Ulaanbaatar Chapter opens in Mongolia www.akipress.com

New ISACA Ulaanbaatar Chapter was established in the capital city of Mongolia. It is the first ISACA department in the country.
Golomt Bank CEO Odonbaatar Amarzaya was elected President of the ISACA Ulaanbaatar Chapter. Chinguun Purevdagva was elected Vice President.
ISACA is an international provider of knowledge, certifications, communities and training in information systems auditing and security, corporate governance and information technology management, IT risk and compliance. The association was founded in 1969 and unites more than 185,000 professionals in 188 countries.

...


64x64

Japan to provide radar system for Mongolian air force as security aid www.english.kyodonews.net

Japan will provide Mongolia's air force with an air traffic control radar system in its first provision of official security assistance to the strategically important, landlocked nation between China and Russia.
The project under the defense aid framework, which is intended to help Japan deepen security ties with like-minded nations, will cost 1.3 billion yen ($8.7 million) in total, according to the Japanese Foreign Ministry.
Japanese Ambassador to Mongolia Masaru Igawahara and Mongolian Defense Minister Sandag Byambatsogt signed documents regarding the radar provision earlier this month in Ulaanbaatar, the ministry said in a press release.
It will take a few years for the radar system to become operational, a ministry official said.
The move came after the two governments signed an agreement in December to enable the transfer of defense equipment and technology between them. The deal took effect the following month.
Mongolia, which is heavily dependent on China and Russia in terms of economic ties and energy, became the 16th country to strike such a deal with Japan.
The agreements outline procedures for exporting and importing defense goods to ensure controls over subsequent trade with third parties and uses beyond their original purpose.
The radar project will "strengthen the situational awareness and air traffic control capabilities" of the Mongolian military and "contribute to ensuring security and safe use of the airspace based on the rule of law" in Mongolia and the region, the ministry said.
Sharing fundamental values such as freedom, democracy and rule of law, Japan and Mongolia are cooperating in security and other areas under a "special strategic partnership for peace and prosperity," according to the ministry.
Tokyo launched the defense aid scheme in 2023 aimed at upholding peace and stability in the Indo-Pacific region and creating "a security environment desirable for Japan," amid concerns over China's intensifying military activities in the area.
Under the draft budget for fiscal 2025, the government would allocate 8.1 billion yen for the security assistance budget, although the recipients have yet to be determined. The figure is up more than 60 percent from 5 billion yen for the current fiscal 2024 through March
...


64x64

Bahrain, Mongolia discuss strengthening cooperation www.bna.bh

Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister, met with Dorjkhand Togmid, Deputy Prime Minister of Mongolia.
The meeting was attended by Rawan bint Najeeb Tawfiqi, Minister of Youth Affairs.
The meeting focused on diplomatic, economic, and energy cooperation, and emphassied the importance of exchange visits, knowledge-sharing, and investment collaboration to create new trade opportunities benefiting both countries.
Shaikh Khalid bin Abdullah highlighted Bahrain’s commitment to strengthening regional and international partnerships and enhancing cooperation with various countries to achieve common goals.
Shaikh Khalid bin Abdullah underscored that the growing ties and ongoing coordination between Bahrain and Mongolia reflect a shared commitment to expanding cooperation across various sectors.
On his part, the Deputy Prime Minister of Mongolia commended Bahrain’s advanced model of successful initiatives and wished Bahrain continued progress and prosperity
...