1 RUSSIA PROPOSES NUCLEAR POWER PLANT & URANIUM MINING PROJECTS FOR MONGOLIA WWW.RUSSIASPIVOTTOASIA.COM PUBLISHED:2026/01/04      2 HUNNU CITY AS AN URBAN CONSTELLATION FOR MONGOLIA’S 2050 VISION WWW.PARAMETRIC-ARCHITECTURE.COM PUBLISHED:2026/01/04      3 MONGOLIA'S CENTRAL BANK PURCHASES 16.3 TONS OF GOLD IN 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/03      4 MONGOLIA'S FOREX RESERVES REACH RECORD HIGH IN 2025 WWW.XINHUANET.COM PUBLISHED:2026/01/03      5 MONGOLIA LEADS WORLD RANKINGS IN MEMORY, MIND SPORTS WWW.MONTSAME.MN PUBLISHED:2026/01/03      6 MONGOLIA EXTENDS VISA EXEMPTION POLICY FOR 34 COUNTRIES BY ONE YEAR WWW.VISASNEWS.COM PUBLISHED:2026/01/02      7 MONGOLIA AND CHINA HAVE ERECTED MORE THAN 4.700 KILOMETERS OF BORDER FENCES TO CONTAIN LIVESTOCK, CURB PASTURE DEGRADATION, AND TRANSFORM THE GRASSLAND INTO A PERMANENT ECOLOGICAL BORDER OF TERRITORIAL SOVEREIGNTY WWW.EN.CLICKPETROLEOEGAS.COM.BR  PUBLISHED:2026/01/02      8 CHINA TIGHTENS EXPORT CONTROLS ON SILVER, STEEL, ANTIMONY WWW.CHOSUN.COM PUBLISHED:2026/01/02      9 MAYOR REPORTS ON CONSTRUCTION PROJECTS TO BE IMPLEMENTED IN 2026 WWW.MONTSAME.MN PUBLISHED:2026/01/02      10 AI CAMERAS BEGIN DETECTING TRAFFIC VIOLATIONS, ISSUING FINES WWW.MONTSAME.MN PUBLISHED:2026/01/02      МОНГОЛБАНК 16.3 ТОНН ҮНЭТ МЕТАЛЛ ХУДАЛДАН АВЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/03     МОНГОЛЫН АГААРЫН ТЭЭВРИЙН ШИНЭ ҮЕ: 2026 ОНД АЗИ, ЕВРОП, ХОЙД АМЕРИК РУУ ШИНЭ ЧИГЛЭЛҮҮД НЭЭНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/03     58.1 САЯ ТОЛГОЙ МАЛ ТООЛОГДЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/03     ШЕЗ-ИЙН ДАРГААР П.ЗОЛЗАЯАГ СОНГОЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/03     ТУУЛЫН ХУРДНЫ ЗАМЫН БҮТЭЭН БАЙГУУЛАЛТЫН БАРИЛГЫН АЖЛЫГ ГУРАВДУГААР САРД ЭХЛҮҮЛНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/03     ШАРХАД, БАЯНХОШУУНД ТУС БҮР 110 АЙЛЫН НОГООН ОРОН СУУЦЫГ АШИГЛАЛТАД ОРУУЛЛАА WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/02     МИЛЛЕР: “СИБИРИЙН ХҮЧ–2” ХИЙН ХООЛОЙН ТӨСЛИЙГ ХУГАЦААНААС НЬ ӨМНӨ АШИГЛАЛТАД ОРУУЛНА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/02     ТӨСӨЛ: ЖИЛИЙН 400 САЯ ТӨГРӨГ ХҮРТЭЛХ БОРЛУУЛАЛТЫН ОРЛОГОТОЙ БОЛ НӨАТ-ЫГ ХЯЛБАРШУУЛСАН ГОРИМООР ТАЙЛАГНАДАГ БОЛНО WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/02     МОНГОЛ УЛС АЯЛАЛ ЖУУЛЧЛАЛЫН СЭРГЭЛТИЙН ҮЗҮҮЛЭЛТЭЭР ДЭЛХИЙН ШИЛДЭГ 20 УЛСЫН ТООНД БАГТЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/02     ОЙ ТОГТООЛТЫН СПОРТЫН ДЭЛХИЙН ЧАНСААГ МОНГОЛЫН ТАМИРЧИД ТЭРГҮҮЛЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/02    

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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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Mongolia Launches World's First 24/5 Blockchain-Based Securities Trading www.kipost.net

Powered by blockchain technology developed by AND Global Group, Mongolia's over-the-counter (OTC) securities market has officially transitioned to 24-hour continuous trading model, marking a historic milestone in global financial markets.
The blockchain trading system was successfully tested for 18 months in the Financial Regulatory Commission's sandbox environment before going live. It now enables continuous trading 24 hours a day, 5 days a week (24/5), with automated settlement completing transactions in under a minute.
The Financial Regulatory Commission originally announced the transition of the OTC market to blockchain technology on September 12, 2025, during the "Mongolia's Capital Market Connectivity 2025" international conference in Ulaanbaatar. Today's launch of 24-hour trading operations represents the next phase of this transformation.
In the three months since the blockchain transition, secondary market trading activity has increased by 40 percent. This growth is attributed to the efficiency of instant, automated payment settlements, and market liquidity is expected to surge further under the newly launched 24/5 continuous trading schedule.
The Mongolian Association of Securities Dealers (MASD) manages the OTC market's operations, while the underlying technology was developed and implemented by the Mongolian fintech firm AND Global Group through its subsidiary AND Denode. Payment settlement automation was achieved through a strategic collaboration with the Mongolian Central Securities Depository (MCSD).
By successfully integrating blockchain into securities trading, Mongolia is not only making its domestic capital market more efficient and secure but also contributing to the advancement of global financial innovation.

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Construction of Oil Refinery at 50 Percent Complete www.montsame.mn

Mongolia is building its first major oil refinery in Altan Shiree soum of Dornogobi aimag with a soft loan worth about USD 1.7 billion from the Export-Import Bank of the Republic of India.
The construction work is being carried out in four phases, and as of today, the project is 50 percent complete. In addition, the crude oil pipeline project is 90 percent complete, reported Executive Director of Mongol Refinery LLC Altantsetseg Dashdavaa. In accordance with the intergovernmental agreement between the two countries, the plant is scheduled to become operational in 2028.  However, due to the government and the Ministry of Industry and Mineral Resources’ efforts to accelerate the construction, it is planned to be commissioned a year ahead of schedule.  
Minister of Industry and Mineral Resources Damdinnyam Gongor said, “During the fuel and oil products crisis, Mongolia relies 95 percent on Russia and 5 percent on China — in other words, we were fully dependent on foreign suppliers. The way out of this dependence is to build a domestic oil refinery. Once the plant becomes operational, Mongolia will be able to meet about 50 percent of its domestic demand for oil products. The main challenge now is securing raw materials. Our ministry is focusing on this issue, and we plan to hold talks with PetroChina to find a solution.”
As of today, construction of the pipeline racks for the primary processing facilities and the foundation concrete work for the furnaces of the atmospheric and vacuum distillation units have been completed. Meanwhile, installation works are continuing on the pipeline racks, substations, and buildings intended for control and server operations within the auxiliary and support facilities.
In addition, officials reported that construction of the storage tank park, pipeline racks, substations, and the foundations for the plant’s power plant control system and substation buildings is underway, with the main structural works nearing completion. The majority of the plant’s technological equipment is being manufactured by nearly 20 companies in India.

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FLS driving innovation and sustainability in Mongolia's mining industry www.mongolianminingjournal.com

FLSmidth (FLS) is a global leader in mining technology, providing equipment, services, and digital solutions that enhance productivity, efficiency, and sustainability. In Mongolia, the company collaborates closely with local mining operators and authorities to address the unique challenges of the region.
In this interview, Mikko Keto, CEO of FLSmidth, shares insights on how the company maintains global standards while tailoring solutions to Mongolia's mining sector, leverages digital technologies, fosters operational efficiency, promotes sustainability, and supports local development.
O.Dulguun
How do you assess the current state of the global mining sector, particularly in the Central Asian market, and what potential risks and opportunities do you foresee over the next decade, along with possible strategies to address them?
Central Asia possesses substantial mineral resources, A presenting both significant and challenges. key opportunities opportunity arises from the manner in which governments manage permitting and licensing processes. Given that mining is a capital- intensive sector, investors are particularly attracted to jurisdictions with clear, stable, and predictable legal and regulatory frameworks. Efficient and transparent permitting can accelerate investment, draw international mining companies, and support sustainable development initiatives.
Conversely, delays in licensing or policy uncertainty constitute major risks, potentially slowing project implementation and deterring investment. Overall, the combination of abundant mineral resources, openness to international participation, and clear, consistent government policies positions Central Asia as a highly attractive region for mining over the next five to ten years.
How does FLS utilize advanced technologies to enhance productivity and safety in Mongolian mining operations?
FLS Mongolia collaborates closely with the company's global technical teams in Europe and the United States to ensure that all equipment, processes, and safety standards comply with international benchmarks. Simultaneously, solutions are localized to address Mongolia's specific geological conditions, operational characteristics, and the requirements of individual mining companies.
Through on-site engagement with clients, tailored training programs, and the transfer of international best practices, FLS effectively translates its global expertise into the Mongolian context. This approach enables mining operations in Mongolia to maintain high reliability, operational efficiency, and adherence to world-class safety standards.
How does FLS maintain compliance with international mining standards while tailoring its technological solutions to the specific geological, operational, and regulatory conditions of the Mongolian mining industry?
We actively employ artificial intelligence (AI) and advanced sensor technologies to continuously monitor equipment performance. Various sensors and high-resolution cameras are installed on mills and flotation systems to capture detailed imagery of equipment surfaces and operational patterns.
Al analyzes these images using extensive databases, enabling the timely detection of anomalies and deviations from normal operation. 
By integrating Al with sensor data, FLS ensures continuous equipment monitoring, which supports operational optimization, enhances productivity, and improves safety in mining operations.
Can you provide examples of how FLS innovations have enhanced operational efficiency for clients in Mongolia?
In milling operations, we use advanced sensor technologies equipment performance, reduce energy to optimize consumption, and minimize wear. Many of these technologies are specifically designed to support clients in achieving more efficient and sustainable operations.
A notable example is the implementation of FLS's High Pressure Grinding Rolls (HPGR Pro) technology by Erdenet Mining Corporation. HPGR Pro represents one of the most energy- efficient methods for reducing ore size within a crushing and screening circuit. Its adoption constitutes a significant advancement in operational efficiency and marks a technological milestone for the Mongolian mining industry.
How does your company balance short-term project goals with its long-term sustainability and environmental commitments?
When assessing the environmental impact of our processing plants, Our company focuses on several key areas.
First, technologies are developed to minimize electricity and energy consumption. Second, water efficiency is prioritized by recycling up to 90% of process water, limiting the use of fresh water to only 10% within the circuit. Third, recovery processes are optimized to maximize the extraction of valuable minerals, as higher recovery reduces the amount of ore required to produce the same output.
By integrating these strategies, FLS is able to achieve short-term operational goals while simultaneously advancing long-term sustainability objectives and minimizing the environmental footprint of its operations.
How does FLS plan to maintain its competitive position in Mongolia amid the rapid evolution of global mining technologies?
We see ourselves as a leader in mining technologies and solutions. To stay competitive, it's not enough to lead in technology-we also need to offer products that are cost-effective for our clients. Finding the right balance between providing cutting-edge technologies ensuring economic efficiency is something we focus on constantly. and
To achieve this, we continuously refine our supply chain and production processes. This allows us to deliver high-quality, innovative solutions that meet both performance expectations and cost considerations for the Mongolian mining sector.
What lessons has FLS learned from other countries that can be applied to Mongolia's mining sector?
A key lesson derived from international experience is the importance of investing in new yet proven technologies. For instance, High Pressure Grinding Rolls (HPGR) have been successfully implemented in multiple countries, but remain relatively novel in Mongolia.
By leveraging experiences from regions such as South America, Chile, Peru, and Kazakhstan, FLS is able to introduce tested and reliable solutions to Mongolian mining operations. This approach allows clients to adopt new technologies with minimal risk, which is particularly important given that mining companies often exhibit conservative adoption patterns and prefer solutions that have been validated in other markets rather than serving as early adopters or test cases.
How does collaboration with local governments and trilateral partnerships influence FLS's long-term success in Mongolia?
Collaboration with local governments and communities is critical to FLS's long- term success. Our company prioritizes the development of local talent by offering training and upskilling opportunities for existing employees, including international rotation programs that enable staff to gain experience in other operational contexts.
FLS also supports educational institutions that prepare technical professionals, thereby ensuring a sustainable pipeline of skilled personnel.
Close cooperation with government authorities ensures that the benefits of mining operations are tangible and accessible to local communities. Given the significant economic impact of mining, active engagement with local stakeholders is essential to promote sustainable development and to enable mining operations to function responsibly and efficiently.
In what ways is FLS preparing for future challenges, such as water scarcity or changing commodity markets?
We are continuously advancing our technologies to prepare for future challenges. Over the years, our company has evolved into an integrated provider of technology, products, and services, and maintaining leadership in these areas remains a top priority.
By working closely with our clients, we help them optimize their operations and develop effective strategies to address challenges such as resource scarcity or fluctuations in commodity markets. Our overarching goal is to remain a leading technology provider in the global mining sector, ensuring that both we and our clients are fully equipped to navigate whatever the future may hold.
How does FLS measure the impact of its sustainable initiatives on both process performance and local communities?
One of the key advantages in our approach is that sustainability and economic performance go hand in hand, particularly in process plants. Reducing power consumption not only enhances sustainability but also lowers operating costs.
Similarly, minimizing water use benefits both the environment and local communities by conserving fresh water. Unlike other areas in mining, where certain sustainability measures might be costly to implement, in process plants these initiatives improve operational efficiency while supporting sustainable outcomes.
This alignment allows us to achieve both economic and environmental goals simultaneously, and demonstrating that responsible operations can also be economically advantageous.

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More Than 3,000 Land Parcels Cleared in Ulaanbaatar in 2025 www.montsame.mn

A total of 3,933 land parcels have been cleared across the Capital city so far this year.
According to the Governor’s Office of the Capital City of Ulaanbaatar, land clearance has been carried out for 1,021 parcels for engineering infrastructure, 2,332 parcels for partial master planning, and 580 parcels for social infrastructure projects. In accordance with the Mayor of Ulaanbaatar’s orders, land clearance activities have continued across Ulaanbaatar to ensure a safe and healthy living environment for residents.
As a result of land clearance in 2025, conditions have been created for the construction of housing for 11,575 households. Additionally, land has been cleared at 28 locations to facilitate the construction of 60.3 kilometers of roads. Land clearance has also been completed at 13 locations for the renovation of engineering networks, five locations for flood protection embankments, 14 locations for kindergartens and schools, for the construction of parking facilities for 800 vehicles near schools, three thermal power plants, and 21 locations for other buildings and facilities of essential social need.
Meanwhile, under the Capital city’s 2026 land management plan, preparations have been made to implement 341 projects and activities, involving the clearance of 4,344.05 hectares of land, with compensation provided. Specifically, land clearance is planned next year in areas including Khoroo 14 of Chingeltei district, around Buudal 5 and 6, the ridge behind Gandan Monastery and the “Urgoo” Cinema, Khoroos 4, 5, and 8 of Songinokhairkhan district, the Tsaiz-16 area of Bayanzurkh district, near 34th Secondary School in Khan-Uul district, and Dambadarjaa.

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Land Allocation Requests to Be Processed Starting December www.montsame.mn

Under Government Resolution No. 121 of 2025, Mongolia has approved an updated “The Procedure for Issuing Certificates of Land Possession and Use Eights”.
In accordance with the regulation, applications are now accepted for 27 types of land-related requests from citizens and legal entities. These include granting new land possession and use rights, transferring land possession rights to others, extending the validity of land possession and use certificates, changing land-use purposes, adjusting land size and location, and consolidating or subdividing land parcels.
Land-related applications are accepted through the electronic land system (www.egazar.gov.mn) and the mobile application (egazar). Depending on the type of application, requests are processed within one to five working days in accordance with relevant legislation. Beginning December 31, 2025, applications for land allocation will be processed, and land will be granted in sequential order.
Citizens are required to submit land allocation requests electronically. Land will be allocated in the order applications are received, based on locations designated in approved land-use and land management plans.

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School No.49 becomes 100% solar-powered www.gogo.mn

Installation of 72 solar panels on the roof of General Education School No.49 in the capital is complete, making it the city’s first school to fully replace its electricity consumption with on-site renewable energy.
The school previously spent MNT 2–3 million per month on electricity, paid from the district budget. By switching to solar, School No.49 now saves that monthly cost and has become largely independent of the central power supply. Officials say the system also generates occasional excess power that can be fed into the central grid.
N.Manduul, Governor of Chingeltei District,  said the project increases the school’s energy security and reduces operating costs while demonstrating a model for other institutions to follow.

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Construction of waste-to-energy plant to begin in 2026 www.gogo.mn

As part of Ulaanbaatar’s mega-development programme, a waste-to-energy plant will be built at Moringiin davaa. The project, planned within the 2025–2028 timeframe, will process 1,500 tonnes of waste per day and generate 35 MW of electricity for the central grid.
A partnership agreement with Renshou Sichuan Energy Investment and Environmental Protection LLC was signed on October 24. Construction is scheduled to start in 2026.
Land acquisition is under way: 64% of required parcels (101 out of 158 plots) have been secured to date. Once operational, the plant is expected to incinerate 31.8% of Ulaanbaatar’s municipal waste stream. Projected employment effects include more than 300 temporary jobs during construction and 86 permanent jobs after commissioning.

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Securities Trading Reaches MNT 879.5 Billion www.montsame.mn

Securities market transactions totaled MNT 879.5 billion during the first 11 months of this year.
The figure represents a 27.4 percent decrease, or MNT 332.7 billion less, compared to the same period last year, according to the National Statistics Office.
Of the total securities transactions, 43.2 percent, or MNT 379.7 billion, were conducted in the primary market, while 56.8 percent, or MNT 499.8 billion, were traded in the secondary market.
By instrument type, 38 percent of total transactions consisted of asset-backed securities, 25.3 percent corporate bonds, 21.3 percent corporate shares, 14.8 percent government bonds, and 0.6 percent investment fund units.
In November, securities trading reached MNT 55.2 billion, marking a decline of 27 percent, or MNT 20.4 billion, year-on-year and a decrease of 43.5 percent, or MNT 42.5 billion, compared to the previous month.
During the first 11 months of the year, the volume of traded securities amounted to 813.6 million units, down 26.1 percent, or 286.9 million units, from the same period last year. Of this volume, 0.5 percent, or 3.7 million units, were traded on the primary market, while 99.5 percent, or 809.9 million units, were traded on the secondary market.
In November, the number of traded securities totaled 70.7 million units, representing a decrease of 39.3 million units from the same period last year and 30.6 million units from the previous month. Meanwhile, the TOP-20 Index reached 50,931.7 points, increasing by 1,637.5 points year-on-year and 1,680.3 points month-on-month.

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Proposal, Conclusion on Determining the State Ownership Stakes in 'Achit Ikht', 'Erdenet Mining', and 'Zes Erdeniin Khuvi' LLCs to Be Discussed www.montsame.mn

During its regular meeting, the Government of Mongolia decided to discuss the proposal and conclusion on determining the percentage and scope of state ownership in Achit Ikht LLC, Erdenet Mining LLC, and Zes Erdeniin Khuvi LLC.
In accordance with Order No. 72 of 2025 issued by the Prime Minister of Mongolia, a working group was established with the mandate to accelerate the implementation of the Law on the National Wealth Fund, to determine the state ownership percentage in legal entities holding licenses for strategically significant mineral deposits whose state ownership share has not yet been determined, to prepare proposals on whether payments of mineral resource royalties may replace such ownership, and to conduct negotiations on these matters. The working group presented its progress report at the Cabinet meeting.
The Government instructed the working group to intensify its efforts and submit for Cabinet deliberation the proposal and conclusion on determining the state ownership percentage in Achit Ikht LLC, Erdenet Mining LLC, and Zes Erdeniin Khuvi LLC, which are producers of cathode copper based on the oxidized ore derivative deposit of the Erdenet copper and molybdenum deposit.
In addition, Minister of Mongolia and Chief of the Cabinet Secretariat Byambatsogt Sandag, presented an update on the activities of another working group established by Order of Prime Minister Zandanshatar Gombojav in August of 2025. This working group is tasked with improving natural resource management by conducting a nationwide inventory, monitoring and evaluation of mineral licenses, their ownership and locations, reviewing the payment status of mineral resource royalties by license holders, drawing conclusions, and formulating proposals for further measures to be taken.

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'Mongolian Jingle Bells' goes viral as people think it's the 'best version ever' www.unilad.com

Hearing the same Christmas classics every year can leave you dreading the festive season and its seemingly never-ending loop of the same songs. But this year, the internet has fallen in love with an entirely new rendition of a song we all know a little too well.
Mongolia might not be the first, or even hundredth, place you'd associate with Christmas, but perhaps that is part of the magic of Ummet Ozcan's version of 'Jingle Bells' that has caused it to rack up millions of views and rave reviews.
Likely the first festive track to combine Mongolian throat singing, techno, and a 150-year-old Christmas song, Ozcan's new rendition has been called the 'best version so far' and had people say they 'would have way more fun shopping if this played in the stores.'
'Miracle' at Las Vegas church
This take on the 1857 composition cuts most of the 'dashing through the snow' lyrics, simply repeating 'Jingle bells, jingle bells, jingle all the way, oh what fun it is to ride in a Mongolian open sleigh' in the country's traditional reverberating singing style.
It's been a hit with listeners (@UmmetOzcanOfficial/YouTube)
It's been a hit with listeners (@UmmetOzcanOfficial/YouTube)
Dutch DJ Ozcan, who is of Turkish heritage, was encouraged to release a full-length track after showcasing a short throat-singing version of the Christmas classic and sending the internet wild - dropping a full music video with people in traditional Mongolian garb dancing to his new hit.
With millions viewing the song within just days of release, Ozcan also released 'Mongolian Jingle Bells' on Spotify so that everyone can add it to their Christmas playlists.
Part of the song's instant appeal is its unique use of 'throat singing', a traditional singing style used on the wide open plains of Mongolia, where a herder creates a melody by manipulating their vocal cords to sing two notes simultaneously.
It even drew the approval of the big man himself, with the official 'Santa Claus' Instagram account sharing the track and saying: "The elves are rocking to this in the workshop right now. I keep having to remind them to stop dancing and finish up the last of the gift requests!"
Play
Sharing his innovative techno-Mongolian Christmas banger, the DJ said: "This started as a fun idea… and thanks to your insane requests, it turned into a full song and music video.
"Hope this brings some warmth and joy in the days leading up to Christmas."
And if Ozcan's version of 'Jingle Bells' has left you needing more Mongolian Christmas music, a desire that could never have existed before the internet, you actually might be in luck.
Back in the distant past of 2014, a Mongolian folk group called The Altai Band actually released a genuine throat-singing version of that Christmas classic.
Unlike Ozcan's techno banger, Altai use traditional instruments and gather around in a group to belt out a more melodic version in their own language and traditional garb.
While it's not quite 'rave at the Christmas party,' it left some listeners feeling the festive spirit.
One YouTube user remarked: "This has the same kind of emotional vibe as when family and friends would gather around and play with the guitar or banjo or whatever instruments. Where on the opposite side of the globe, here in Texas. But music really is the universal language."

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