1 INVESTMENT WEEK DISCUSSES BUSINESS, LEGAL ENVIRONMENT WWW.MONTSAME.MN PUBLISHED:2026/03/12      2 MONGOLIA’S TRADE SURPLUS WIDENS AS EXPORTS SURGE WWW.QAZINFORM.COM PUBLISHED:2026/03/12      3 MONGOLIA DEMANDS RIO TINTO CHANGE “UNFAIR” TERMS OF DEAL ON GIANT OYU TOLGOI COPPER MINE WWW.INTELLINEWS.COM PUBLISHED:2026/03/12      4 MONGOLIA RIO TINTO COPPER PARTNERSHIP RENEGOTIATION DEVELOPMENTS WWW.DISCOVERYALERT.COM.AU PUBLISHED:2026/03/11      5 91 CITIZENS RETURNED TO MONGOLIA ON SPECIAL MISSION FLIGHT WWW.GOGO.MN PUBLISHED:2026/03/11      6 MONGOLIAN FOREIGN MINISTER ATTENDS NUCLEAR ENERGY SUMMIT WWW.MONTSAME.MN PUBLISHED:2026/03/11      7 PUBLIC SERVICE REFERENCE DOCUMENTS NOW AVAILABLE IN SIX LANGUAGES WWW.MONTSAME.MN PUBLISHED:2026/03/11      8 MAJOR GENERAL ERDENEBAT PRAISED FOR STRENGTHENING MONGOLIA’S GLOBAL REPUTATION WWW.MONTSAME.MN PUBLISHED:2026/03/11      9 RIO TINTO SHARES HOLD SUPPORT: RENEGOTIATING COPPER MINE DEAL WWW.THEBULL.COM.AU PUBLISHED:2026/03/11      10 OVER 5,000 HOUSEHOLDS AT RISK FROM SNOWMELT FLOODS WWW.MONTSAME.MN PUBLISHED:2026/03/11      ОЮУТОЛГОЙ ТӨСЛИЙН ЗЭЭЛИЙН ХҮҮГ БУУРУУЛАХ ХЭЛЭЛЦЭЭГ ҮРГЭЛЖЛҮҮЛЭХЭЭР БОЛЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2026/03/12     ҮСХ: ЭКСПОРТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 52.0 ХУВИАР ӨСӨВ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/12     16 БАЙРШЛЫН 19 КМ АВТО ЗАМД БОРООНЫ УС ЗАЙЛУУЛАХ ШУГАМ УГСАРНА WWW.EGUUR.MN НИЙТЭЛСЭН:2026/03/12     МОНГОЛЫН ЗАСГИЙН ГАЗРААС ОЮУ ТОЛГОЙН ХӨРӨНГӨ ОРУУЛАГЧДАД ХҮРГҮҮЛСЭН ШААРДЛАГА БҮХИЙ 3 САНАЛ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/12     НООЛУУРЫН ҮЙЛДВЭРЛЭЛИЙГ ДЭМЖИХ ТУХАЙ ЗАСГИЙН ГАЗРЫН ТОГТООЛЫГ БАТАЛЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/03/12     МОНГОЛД 2026 ОНД СПОРТЫН ТИВ, ДЭЛХИЙН ЧАНАРТАЙ НАЙМАН ТЭМЦЭЭН БОЛНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/03/11     “ХҮННҮ ЭЙР”-ИЙН ЗАХИРАЛ П.МӨНХЖАРГАЛ: ХОЁР ШИНЭ ОНГОЦ АВСАН Ч ЯАМ НИСЭХ БОЛОМЖ ӨГДӨГГҮЙ WWW.GOGO.MN НИЙТЭЛСЭН:2026/03/11     ЗАМЫН-ҮҮД-ЭРЭЭН БООМТЫН 2 ДАХЬ ТӨМӨР ЗАМЫН ГАРЦ БАРИХ ТУХАЙ ХЭЛЭЛЦЭЭРИЙН ТӨСЛИЙГ ДЭМЖЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/03/11     ӨДӨРТ ДУНДЖААР 330,000 ТОНН НҮҮРС ЭКСПОРТОЛЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/03/11     ЗУРГААДУГААР САРЫН 1-ЭЭС ӨМНӨ ТЕНДЕР ЗАРЛАХГҮЙ БОЛ САНХҮҮЖИЛТИЙГ БУЦААН ТАТНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/03/11    

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Events

Англи амин дэм Монгол улсад албан ёсоор бүртгэгдлээ.

Events

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2025 London UK MBCCI London UK Goodman LLC

NEWS

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CHP-4 Boiler Damage Triggers Temporary Power Restrictions www.montsame.mn

A malfunction occurred at Thermal Power Plant No. 4 (TPP-4) in Ulaanbaatar on January 20, 2026, resulting in temporary restrictions on electricity supply to consumers. According to Minister of Energy Choijilsuren Battogtokh repairs to the plant’s boiler have been completed, and 100 MW of capacity was restored in the morning. The plant is expected to return to normal operating conditions within the day.
The Minister noted that temporary power restrictions cannot be ruled out when equipment malfunctions occur at power plants.
Due to a shortage of electricity capacity, Ulaanbaatar Electricity Distribution Network SOE implemented scheduled power restrictions across districts yesterday. The Ministry of Energy reported that while TPP-4 was operating at full capacity without backup equipment, damage occurred to the boiler’s heating surface, forcing the plant to shut down and leading to restrictions on 161 MW of electricity consumption. As a result, the National Dispatching Center limited power supply for up to 1.5 hours in certain locations and urged consumers to adjust their electricity use accordingly.
In addition, coal being fed into the boiler at the Booroljuut Power Plant froze and caused a blockage on the evening of January 20, which reduced output by 120 MW, prompting wider power restrictions. Consequently, electricity consumption was temporarily limited for 371,174 households and 46,691 business entities, affecting a total of 417,865 consumers.
For the 2025–2026 winter season, the projected peak load of the Central Regional Integrated Power Grid is estimated at 1,800 MW, while actual demand reached 1,803 MW two days ago. Heat sources supplying Ulaanbaatar’s centralized heating system were planned to operate at a total load of 2,019 Gcal per hour; however, as of yesterday, they were operating at 2,055 Gcal per hour.
As of January 20, thermal power plants had an average coal reserve sufficient for 10 days, totaling 408,000 tons, while fuel oil reserves stood at 3,023 tons.
Minister Choijilsuren further stated that Mongolia imports up to 300 MW of electricity from the Russian Federation. However, due to extreme cold reaching minus 50 degrees Celsius in some areas of Russia, supply constraints may occur, though efforts will be made to resolve the issue. He added that since 2024, Mongolia has commissioned electricity generation sources totaling 560 MW, but this remains insufficient to meet demand, which is growing by approximately 12 percent annually. The commissioning of an additional 600 MW of capacity by 2027 would make it possible to fully meet Ulaanbaatar’s electricity demand, the Minister said.

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Tugrug Deposits Rise by MNT 4 Trillion www.montsame.mn

Tugrug deposits reached MNT 26 trillion at the end of December last year, increasing by 18.3 percent, or MNT 4 trillion, year-on-year, and by 5.5 percent, or MNT 1.4 trillion, compared to the previous month.
The National Statistics Office reported that 82.8 percent of tugrug deposits, or MNT 21.6 trillion, belonged to individuals, while 17.2 percent, or MNT 4.5 trillion, were deposits of enterprises and organizations.
Meanwhile, foreign currency deposits reached MNT 5.6 trillion, increasing by 16 percent, or MNT 776.3 billion, year-on-year, and by 4.1 percent, or MNT 222.2 billion, compared to the previous month.

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‘Billions of Trees’: Mongolia’s national movement hits 127.9 mln trees www.qazinform.com

The National Climate Committee, led by Deputy Prime Minister of Mongolia Gankhuyag Khassuuri, held a meeting. Those present reviewed and approved the work plan for 2026, Qazinform News Agency cites MONTSAME.
They focused on the Committee’s action plan for 2026 and efforts aimed at strengthening intersectoral coordination under Mongolia’s climate change national policy, and summed up the policies and activities carried out in 2024–2025.
According to reports, 127.9 million trees, or 8.32 percent, have been planted so far under the ‘Billions of Trees’ national movement. The initiative aims to plant 1.5 billion trees in total.
In addition, Khuvsgul, Zavkhan, and Dornod aimags completed forest management planning across 5.1 million hectares.
387,100 hectares in 75 soums of 13 aimags and the green zones of Ulaanbaatar with 1.3 billion trees were treated to prevent the spread of forest pests.
Besides, 165,000 trees were planted on 100 hectares in Arkhangai, Gobisumber, Uvurkhangai, and Khentii aimags as protective belts. To reduce desertification, land degradation, and sand movement, 264,000 trees were planted across 160 hectares in the Gobi and steppe regions.
Following the meeting, the National Climate Committee’s 2026 action plan was approved. Deputy Prime Minister of Mongolia Gankhuyag Khassuuri tasked the Committee to hold meetings regularly at least twice a year. He also assigned to submit the report on the development of the plan to the relevant authorities by December 15, 2026.
As written before, over 4,500 trees and shrubs to be planted in Mongolia ahead of COP17.

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Overnight temperature plunges to minus 45.2 degrees Celsius in northern Mongolia www.xinhuanet.com

Overnight temperatures plummeted to minus 45.2 degrees Celsius in Eruu soum, an administrative subdivision of the northern Mongolian province of Selenge, from Tuesday to Wednesday, according to the country's weather monitoring agency.
This marks the coldest temperature registered in Mongolia so far this winter, the National Agency for Meteorology and Environmental Monitoring said in a statement on Wednesday.
Since last week, cold air mass originating in Siberia, Russia, has been sweeping across large parts of Mongolia, causing temperature drops.
The cold wave is expected to continue until Saturday, the agency said, urging the public, especially nomadic herders and drivers, to take extra precautions against possible disasters.
Mongolia's harsh and cold winter lasts for quite a long time. Temperature can range between minus 25 degrees Celsius and 45 degrees Celsius.

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Russia pledges uninterrupted fuel supplies to Mongolia for 2026 www.gogo.mn

G.Damdinnyam, Mongolia’s Minister of Industry and Mineral Resources, held a high-level meeting in Moscow with Russian Minister of Energy Sergei Tsivilev and First Deputy Minister of Energy Pavel Sorokin to secure long-term stability for Mongolia’s energy needs.
The primary focus of the talks was resolving recent supply fluctuations and ensuring a consistent flow of petroleum products throughout 2026. Minister G.Damdinnyam expressed formal gratitude to the Russian Ministry of Energy for its critical support in stabilizing the Mongolian fuel market following shortages experienced in recent months.
Minister Tsivilev said the two countries will fully implement their obligations under the existing intergovernmental agreement on continued, stable petroleum deliveries and pledged full support for cooperation in this area.

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Malaysia wins appeal in lawsuit by family of murdered Mongolian woman Altantuya www.bloomberg.com

The family of model Altantuya Shaariibuu, who was murdered in 2006 by two bodyguards assigned to protect officials including former Malaysian premier Najib Razak, lost their bid for damages from the Malaysian government after a court on Jan 20 upheld its appeal. 
The Court of Appeal accepted a petition from the government to overturn the family’s victory in a civil lawsuit first brought more than 18 years ago, Justice Muniandy Kannyappan said on Jan 20 via video conference. 
The decision means a lawsuit that began in the aftermath of the Mongolian woman’s brutal killing may go all the way to Malaysia’s highest court.
Ms Sangeet Kaur Deo, the lawyer representing Ms Altantuya’s relatives, said the family intends to appeal to the Federal Court.
“I am not here to go after a sum of money,” Ms Altantuya’s father Shaariibuu Setev said in Kuala Lumpur. “I am just a person looking for justice for the past 20 years. I am looking for a sincere apology.”
The three-member bench of judges rejected an appeal from Ms Altantuya’s former lover, Mr Abdul Razak Baginda, ordering him to pay more than RM1.38 million (S$438,300) in damages to the family.  
Mr Abdul Razak, a former adviser to Najib, did not respond to a request for comment on whether he will appeal the court decision.
In October 2006, Ms Altantuya was abducted outside Mr Abdul Razak’s home and taken to a forest outside Kuala Lumpur where, court records show, she was shot twice in the head and blown up with explosives.
Mr Abdul Razak helped broker Malaysia’s 2002 purchase of submarines from a French state-owned company. Najib was defence minister then, and the deal is now being investigated for corruption in Malaysia and France.
Two secret-service policemen, Azilah Hadri and Sirul Azhar Umar, who were part of a bodyguard detail for Najib and other senior Malaysian leaders, were convicted of her murder, but a motive was never established.
Mr Abdul Razak, who denies involvement, was charged with abetting the murder. He was later acquitted and the prosecution did not appeal at the time.  
Both Azilah and Sirul were sentenced to death.
Sirul fled to Australia, which will not extradite him because Malaysia retains capital punishment.
Azilah remains in prison in Malaysia, and his sentence was changed to 40 years after the government abolished the mandatory death penalty in 2023. Azilah used an earlier sworn affidavit to support his application for life imprisonment, in which he alleged Najib gave the order for the killing.
Najib has consistently denied any role in Ms Altantuya’s death. He was never charged, and has not been linked to the crime by any court finding.
In 2022, the government, Mr Abdul Razak and the two former secret-service policemen were found jointly liable for Ms Altantuya’s murder.
The family applied to the court for the judgment to be enforced because the parties have not paid damages yet.
In 2025, a judge ordered both the government and Mr Abdul Razak to pay RM4.7 million each in damages and deposit the funds until their appeals were heard. 
This latest ruling on Jan 20 means the family’s claim against the government has been dismissed and Mr Abdul Razak has to pay less in damages. 
Najib is in prison in Malaysia after being convicted of criminal breach of trust, abuse of power and money laundering in relation to 1MDB, the fund that became the centre of a multibillion dollar scandal which spawned probes across continents.
His sentence was halved to six years in 2024. 
In December 2025, Najib was sentenced to 15 years and fined RM11.4 billion on additional 1MDB charges. He has denied any wrongdoing.
In October, a Malaysian court gave Ms Altantuya’s father, Dr Shaariibuu Setev, permission to pursue a judicial review to compel the Malaysian authorities to investigate the contents of Azilah’s affidavit.
The case is ongoing. 
“I want to hear from Azilah on who gave the order” to kill Altantuya, Mr Shaariibuu said. “I am hopeful (about getting) an answer on that.”

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Social protections overlooked in Mongolia–UK critical minerals cooperation www.eastasiaforum.org

In June 2025, Mongolia and the United Kingdom announced a strategic roadmap on critical minerals cooperation. The agreement, concluded soon after the countries marked 60 years of diplomatic relations, sets out an ambitious plan to collaborate on the exploration, extraction and processing of critical minerals.
Yet the plan risks moving ahead with limited regard for Mongolia’s weak environmental and social protections, particularly for the rights and livelihoods of herders.
The partnership aligns closely with the UK Critical Minerals Strategy and Mongolia’s efforts to diversify beyond coal to ensure economic stability. For the United Kingdom, supply of critical minerals is considered a national security issue that cannot be fulfilled entirely by domestic production.
Mongolia is a source of at least 11 critical minerals, including copper, fluorspar, graphite, rare earth elements and lithium. Currently, the gold and copper mega mines in Omnogovi Province, Oyu Tolgoi, operated by Rio Tinto, represent the largest investment and operation of a UK company in Mongolia.
The initiative to advance a critical minerals partnership was preceded in 2024 by the confirmation of a Memorandum of Understanding (MOU) on critical minerals after diplomatic visits in 2023. The MOU outlines the intent to partner on surveying critical mineral resources, promoting trade partnerships and ‘upholding Environmental, Social and Governance standards and promoting transparency initiatives’. Likewise, the 2025 UK’s Critical Minerals Strategy includes direct reference to the importance of ensuring ‘responsible and transparent supply chains’, including ‘greater adoption of responsible business practices that protect the local environment and surrounding communities’.
These developments appear to ignore the Mongolian government’s poor record of environmental and social governance in the extractives sector. Mongolia’s mining sector currently lacks clear regulations or implementation of internationally recognised mechanisms for social safeguarding practices.
In 2024, a World Bank report raised concerns that Mongolia lacks comprehensive legislation on land acquisition, land-use restrictions and involuntary resettlement, and that legal inconsistencies produce inequitable outcomes for affected citizens. Social impact assessments are currently done on a voluntary basis. They are usually based on investor standards required by entities like the International Finance Corporation and European Bank for Reconstruction and Development, which have invested in only a minority of mining operations.
The vast majority of over 2700 mineral licenses issued across Mongolia do not account for local impacts or include coherent processes to restore livelihoods, establish grievance mechanisms or share information with affected communities. In February 2023, the Mongolian government issued Decree Number 58, requiring the designated ministry to finalise regulations on social impact assessment. Yet this process has stalled for over two years, with no progress towards requiring or implementing social impact assessment standards in national law.
Since 2020, UN human rights mechanisms have repeatedly identified Mongolia’s poor record in protecting herder rights due to the expansion of mineral extraction industries on pastoral land. In the 2020 Universal Periodic Review report for Mongolia, the UN Office of the High Commissioner of Human Rights expressed concerns that nomadic herders’ rights to their pasture, hay land and water resources were continuously infringed upon due to mining activities on their traditional lands. Herders’ free, prior and informed consent was not obtained, while compensation to herders affected by extractive industry projects was inadequate.
In a 2022 report, the UN Economic and Social Council called for ‘effective human rights and environmental impact assessments and meaningful consultations with affected local communities’.
In 2024, a UN report on mobile indigenous peoples stated, ‘in Mongolia, mining is harming herders’ livelihoods, livestock, traditional knowledge, water quality, pastures, sacred sites and cultural practices’. During the August 2025 Universal Periodic Review pre-sessions, Mongolian civil society organisations highlighted weak legal protections for herders facing land acquisition, displacement and cultural loss, including damage to sacred sites and exclusion of women herders from decision-making.
In Mongolia, rural land is formally state-owned but functions in practice as a shared pastoral commons. Herders rely on a mobile system of customary land use, moving seasonally and over long distances. Formal land titles apply only to small, fixed areas such as winter and spring camps and do not reflect how herders actually use land.
As a result, when land is expropriated for mining and related infrastructure, it fragments the wider grazing system, reducing access to pasture and water resources and undermining herders’ livelihoods, even where formally titled land is limited or absent.
Because the government grants mining licenses from the capital of Ulaanbaatar, local herders often discover that their seasonal pastures have been reclassified for industrial use only after exploration begins. When notified of a license being issued, local governments are given a short period of time to respond but have no recourse to reject or reverse the decision. Mongolia’s lack of legal requirements to assess impacts on livelihoods or to obtain the consent of affected people demonstrates the structural exclusion of rural communities from decisions that reshape their lives.
As the United Kingdom advances its vision for critical minerals cooperation with Mongolia, it must ensure that the recognition and protection of indigenous herders’ rights stand at the centre of its agenda.
For years, the UN, civil society organisations and academics have documented Mongolia’s poor record in safeguarding herders’ rights. A truly green future cannot be built on the displacement of mobile indigenous herders or damage to their livelihoods, culture and ancestral homelands.
By
Ariell Ahearn is Departmental Lecturer in Human Geography at the School of Geography and the Environment, University of Oxford.
Bayarsaikhan Namsrai is Director of Steps without Borders NGO, Mongolia.

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Prime Minister Meets ITU Secretary-General in Davos www.montsame.mn

Prime Minister Zandanshatar Gombojav is attending the 56th World Economic Forum Annual Meeting in Davos, Switzerland. On the sidelines of his participation in the event, the Prime Minister met with the Secretary-General of the International Telecommunication Union (ITU), Doreen Bogdan-Martin.
At the meeting, the PM highlighted that as part of Mongolia’s education reform, shifting from teaching-centered to learning-centered approaches, the country will introduce artificial intelligence and foundational technology subjects into the education curriculum starting from the next academic year. He said that in this context, Mongolia is cooperating with Google and the Google Gemini Academy to help teachers learn how to effectively use artificial intelligence.   
By Government Resolution No. 130 of 2025, the “Medle” digital general education school has been established. Beginning next academic year, children from around the world will be able to study their native language, national culture, heritage, and history through this platform.  Additionally, efforts are underway to develop AI-based teacher assistants and personalized assistants tailored to each student’s individual needs.
Within the framework of cooperation launched in 2023, more than 100 thousand teachers and students are currently using Google Workspace for Education and the Google Classroom platform to expand their knowledge. Moreover, a pilot program to introduce an AI assistant for teachers is planned for April this year with the support of the World Bank.
The ITU plans to organize a regional seminar in Ulaanbaatar later this year, and the two sides agreed to further cooperate in improving the quality and accessibility of Mongolia’s education sector through the use of artificial intelligence and digital technologies.
The ITU is a specialized agency of the United Nations responsible for developing policies, standards, and regulations in the global information and communication technology sector.

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Rio Tinto reports higher Q4 copper output as huge Mongolian mine ramps up www.seekingalpha.com

Rio Tinto (RIO) exceeded expectations for quarterly iron ore and copper production, reporting Wednesday that iron ore production at its core Pilbara operations hit a record and copper output increased due to the continued expansion of its operation at Oyu Tolgoi in Mongolia.
Q4 shipments of iron ore, still Rio’s (RIO) biggest source of revenue by far, jumped 7% Y/Y to 91.3M metric tons, above the Visible Alpha consensus estimate of 88.2M tons, while output rose by 4% to 89.7M tons, but full-year exports of 326.2M tons fell 1% and came in near the lower end of its forecast range of 323M-338M tons, "with a strong recovery from the extreme weather interruptions earlier in the year."
The company said mined copper production on a consolidated basis rose 5% Y/Y to 240K metric tons, above the Visible Alpha consensus estimate of 214.4K tons, while annual output climbed 11% to 883K tons, topping its guidance of 860K-875K tons, driven by the continued underground ramp-up, higher grades and recovery rates at the Oyu Tolgoi mine.
Rio Tinto (RIO) disclosed earlier this month it is in talks with Glencore about a potential deal that could create the world's largest mining company, but the negotiations were not discussed in its quarterly update.

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NCT WISH heads to Mongolia in new travel variety 'ON THE MAP,' premiering today www.allkpop.com

On January 20, the production team at Mnet Plus announced the premiere of its original travel variety program 'ON THE MAP.'
'ON THE MAP' is a global adventure show in which K-pop idols travel around the world, take on hidden challenges in each destination, and work to complete a single map. In this installment, NCT WISH heads to Mongolia to complete their challenge map and reveal new sides of their charm along the way.
The first episode follows the members as they arrive in Mongolia and begin adjusting to their new environment. Starting with the local greeting “Sain baina uu? (hello),” the group is immediately faced with their first surprise challenge, putting their quick thinking and teamwork to the test.
One mission requires all members to appear smiling in a single frame during an impromptu photo time. As they maintain their smiles throughout the challenge, viewers are left wondering what kind of strategy NCT WISH comes up with to succeed. Later, an unexpected hurdle arises during their first meal, prompting the members to attempt a clever counterattack.
The production team shared, “This season of 'ON THE MAP' is built around six key strengths and charm points that the members of NCT WISH personally discussed and selected. We hope viewers enjoy watching how they solve each challenge tied to these keywords in unpredictable locations and situations.”
'ON THE MAP' premieres on January 20 at 8 PM KST via Mnet Plus, followed by a broadcast on the Mnet channel on January 21 at 8 PM KST.

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