1 MONGOLIA PM FACES LIKELY CONFIDENCE VOTE AMID CORRUPTION CLAIMS WWW.AFP.COM PUBLISHED:2025/06/02      2 RIO TINTO FINDS ITS MEGA-MINE STUCK BETWEEN TWO MONGOLIAN STRONGMEN WWW.AFR.COM PUBLISHED:2025/06/02      3 SECRETARY RUBIO’S CALL WITH MONGOLIAN FOREIGN MINISTER BATTSETSEG, MAY 30, 2025 WWW.MN.USEMBASSY.GOV  PUBLISHED:2025/06/02      4 REGULAR TRAIN RIDES ON THE ULAANBAATAR-BEIJING RAILWAY ROUTE TO BE RESUMED WWW.MONTSAME.MN PUBLISHED:2025/06/02      5 MONGOLIAN DANCE TEAMS WIN THREE GOLD MEDALS AT THE WORLD CHAMPIONSHIP CHOREOGRAPHY LATIN 2025 WWW.MONTSAME.MN  PUBLISHED:2025/06/02      6 RUSSIA STARTS BUYING POTATOES FROM MONGOLIA WWW.CHARTER97.ORG PUBLISHED:2025/06/02      7 MONGOLIA BANS ONLINE GAMBLING, BETTING AND PAID LOTTERIES WWW.QAZINFORM.COM PUBLISHED:2025/06/02      8 HOW DISMANTLING THE US MILLENNIUM CHALLENGE CORPORATION WILL UNDERMINE MONGOLIA WWW.THEDIPLOMAT.COM PUBLISHED:2025/05/30      9 ORBMINCO ADVANCES BRONZE FOX PROJECT IN KINCORA COPPER PROJECT IN MONGOLIA WWW.DISCOVERYALERT.COM.AU PUBLISHED:2025/05/30      10 MONGOLIA SOLAR ENERGY SECTOR GROWTH: 1,000 MW BY 2025 SUCCESS WWW.PVKNOWHOW.COM PUBLISHED:2025/05/30      ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ, С.БЕРДЫМУХАМЕДОВ НАР АЛБАН ЁСНЫ ХЭЛЭЛЦЭЭ ХИЙЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     Н.НОМТОЙБАЯР: ДАРААГИЙН ЕРӨНХИЙ САЙД ТОДРОХ НЬ ЦАГ ХУГАЦААНЫ АСУУДАЛ БОЛСОН WWW.ITOIM.MN НИЙТЭЛСЭН:2025/06/02     Л.ТӨР-ОД МҮХАҮТ-ЫН ГҮЙЦЭТГЭХ ЗАХИРЛААР Х.БАТТУЛГЫН ХҮНИЙГ ЗҮТГҮҮЛЭХ ҮҮ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ЦЕГ: ЗУНЫ ЗУГАА ТОГЛОЛТЫН ҮЕЭР 10 ХУТГА ХУРААЖ, СОГТУУРСАН 22 ИРГЭНИЙГ АР ГЭРТ НЬ ХҮЛЭЭЛГЭН ӨГСӨН WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООЖ, ШАЛГАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/02     ГАДНЫ КИБЕР ХАЛДЛАГЫН 11 ХУВЬ НЬ УИХ, 70 ХУВЬ НЬ ЗАСГИЙН ГАЗАР РУУ ЧИГЛЭДЭГ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/06/02     НИЙТИЙН ОРОН СУУЦНЫ 1 М.КВ-ЫН ДУНДАЖ ҮНЭ 3.6 САЯ ТӨГРӨГ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/02     ГОВИЙН БҮСИЙН ЧИГЛЭЛД УУЛ УУРХАЙН ТЭЭВЭРЛЭЛТИЙГ БҮРЭН ЗОГСООНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30     СОР17 УЛААНБААТАР ХОТНОО 2026 ОНЫ НАЙМДУГААР САРЫН 17-28-НД БОЛНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/05/30     НИЙСЛЭЛИЙН ТӨР, ЗАХИРГААНЫ БАЙГУУЛЛАГЫН АЖИЛ 07:00 ЦАГТ ЭХЭЛЖ 16:00 ЦАГТ ТАРНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/05/30    

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

NEWS

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Russian gas and coal: Beijing secures the 'Mongolian route www.asianews.it

Beijing (AsiaNews) - Mongolia is becoming increasingly central to China's energy supplies. Ulaanbaatar has just inaugurated a new railway line that will increase its coal exports to China from 30 to 50 million tonnes per year.
At 233 kilometres long, the new route connects Tavan Tolgoi with Gashuun Sukhait, a Mongolian border crossing with Chinese Inner Mongolia. The mining industry accounts for a quarter of Mongolia's GDP, while Beijing has increased its coal purchases to compensate for energy problems due to extreme temperatures and high gas and oil prices on the world market - all in derogation of Xi Jinping's 'decarbonisation' targets.
Russian gas will also pass through the 'Mongolian route' to China. Ulaanbaatar and Moscow have announced that in 2024 construction work will begin on Power of Siberia 2, the pipeline to transport gas extracted from the Russian Yamal field, which currently serves Europe, to Chinese territory.
When fully operational, Power of Siberia 2 is expected to have a flow rate of 50 billion cubic metres per year, to be added to the 38 billion cubic metres that on paper its sister pipeline, which went into operation in 2019, can supply.
The new pipeline will not be operational until 2030 at the earliest. In the most optimistic scenario, it will push Russian gas exports to China to 128 billion cubic metres per year, an amount that will not cover the nearly 200 billion that Moscow will lose from Europe in response to the Putin invasion of Ukraine.
The geographical location makes Mongolia a significant geopolitical chessboard for the great powers. Ulaanbaatar is playing along, trying to get along with China, Russia and the US while gaining economic advantages.
It is no coincidence that the new Mongolian railway line will run 16 locomotives manufactured by the US company Caterpillar. In the form of grant aid, Washington has also allocated 0 million to solve the water problems in the capital Ulaanbaatar, where almost half of Mongolia's 3.3 million inhabitants are concentrated.
Beijing remains the most advantaged player in this three-way game: 90% of Mongolian exports go to China, while imports of Chinese products account for one third of Ulaanbaatar's total. On a visit to Mongolia from 10-12 September, the chairman of the Standing Committee of the National People's Congress Li Zhanshu said that the long-term interests of the two countries coincide.
What the Chinese regime's number three said is only partly true: there is in fact no lack of friction between Beijing and its northern neighbour. In October 2020, dozens of protesters gathered in Ulaanbaatar to demand the release of ethnic Mongolians arrested in China. One month earlier, in the Chinese autonomous region of Inner Mongolia, students of Mongolian origin had revolted against the authorities for their decision to reduce the use of their native language in school curricula.
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Mongolia, Monaco exchange opinions on joint development of winter sports www.akipress.com

President of the National Olympic Committee of Mongolia Battushig Batbold met with President of the National Olympic Committee of Monaco and member of the International Olympic Commission Prince Albert II of Monaco.
During the meeting, the parties exchanged views on the involvement of Mongolian athletes and swimming athletes in joint training in Monaco for the 2024 Olympics in Paris, the development of sailing, rowing and winter sports.
The sides also touched discussed possibilities of organizing a conference of the International Olympic Commission in Ulaanbaatar and implementing environmentally friendly projects, including the Olympic Arena project.
Prince Albert II (Albert Alexandre Louis Pierre Grimaldi) as Chairman of the IOC Commission on Sustainable Development and Heritage expressed his willingness to support these projects and proposals.
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Rio Tinto, China Baowu to develop Australian iron ore project for $2bn www.reuters.com

Rio Tinto Ltd said on Wednesday it would team up with its biggest customer China Baowu Steel Group to develop an iron ore project in Western Australia for $2 billion as it looks to prop up its production from the Pilbara region.
The deal comes amid fraught ties between Australia and China – the world’s top exporter and buyer of iron ore, respectively – with a recent push by Beijing to centralize purchases of iron ore stoking worries of a hit to mining giants such as Rio, BHP Group and Fortescue Metals.
China’s outbound direct investment in Australia has seen a steady drop since 2016, with a meagre $585 million investment in 2021 versus $11.54 billion in 2016, according to a report by accounting firm KPMG and the University of Sydney.
Rio, however, said last week it had established a strategic partnership with the new Chinese state-owned agency created to centralize iron ore purchases.
About the Western Range project in Pilbara, Rio said it would invest $1.3 billion to develop it and will hold a 54% stake in the project, while state-owned China Baowu will hold the remaining stake and will invest $700 million.
“Western Range’s annual production capacity of 25 million tonnes of iron ore will help sustain production of the Pilbara Blend from Rio Tinto’s existing Paraburdoo mining hub,” the world’s largest iron ore producer said.
Pilbara Blend products are known for their high-grade quality and consistency, and make up about 70% of Rio Tinto’s iron ore product portfolio, according to the miner’s website.
Baowu said on its official WeChat account that the deal with Rio would help “strengthen the partnership of mutual benefit and win-win results”.
The deal is subject to approval from the governments in Australia and China, as well as Rio shareholders.
Rio and China Baowu also entered a sales agreement that will see China Baowu, the world’s top steelmaker, buy up to 126.5 million tonnes of iron ore over about 13 years from the Western Range project in Pilbara.
“Rio and Baowu already have a JV arrangement in eastern range in Pilbara. Today’s deal is essentially an extension of that in the Western Range of Pilbara,” said John Mills, equity analyst covering mining at Morningstar in Sydney.
Construction at the project is expected to begin in early 2023, with first production anticipated in 2025, Rio Tinto said.
(By Sameer Manekar, Praveen Menon and Siyi Liu; Editing by Himani Sarkar)
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President departs for Samarkand www.montsame.mn

President of Mongolia U. Khurelsukh today has left for Samarkand, the Republic of Uzbekistan, to participate as an observer in the Meeting of the Council of Heads of the Shanghai Cooperation Organization (SCO) Member States.
During the event, the President plans to hold bilateral meetings with the heads of member states of SCO and observer countries to exchange views on issues of mutual interest.
Moreover, he will participate in the 6th regular tripartite meeting of the Heads of State of Mongolia, Russia, and China, which was postponed for two years due to the pandemic, to discuss the establishment of the ‘Economic Corridor Program’ for the three countries, and the implementation of a project of natural gas pipeline.
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Cement products to be exempt from import duties until the end of 2022 www.montsame.mn

At today’s regular meeting of the Cabinet, a decision was made to exempt cement products from customs duty until the end of this year.
Minister of Finance B.Javkhlan said, "The Cabinet came to this decision mainly due to the current situation. The busiest period in the road and construction industry is the 2nd and 3rd quarter of each year. At the same time, out of the four main Mongolian cement factories, the Khutul cement-lime factory is completely shut down due to technological innovation, expansion of production, and other repairs. As a result, there is currently a shortage of cement in the market, which could pose a risk of slowing down large-scale construction projects such as the Darkhan road construction.
The Cabinet believes that by canceling the customs duty of 20 percent on all cement products until the end of this year, the current price of MNT 500-600 thousand per ton will drop to MNT 400 thousand.
"In addition, another factor for the decision was the prevention of future increases in the price of cement. Thus, temporary measures are being taken to meet the domestic demand with imported cement. In the future, the policy of supporting domestic production and customs duties should be seriously considered. Apart from cement, special attention should also be paid to agricultural products. In doing so, the balance of three things must be ensured: the capacity of domestic producers, domestic demand, and filling the demand with imported products. This is the ultimate goal of satisfying the interests of consumers and setting fair prices”, added the Minister.
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Retired Olympic medalist judoka M.Urantsetseg makes her MMA debut www.montsame.mn

Olympic medalist State Honored Athlete of Mongolia M.Urantsetseg announced her retirement from judo after 16 years of career earlier this year to pursue a new path in her future.
Specifically, Mongolia’s one of the most respected and well-accomplished judoka announced that she is transitioning to Mixed Martial Arts (MMA), setting her eyes on the UFC belt.
Three months after her announcement, the Olympic medalist posted on her social media that she had been training at JacksonWink MMA Academy in the United States along with some of the best fighters in the country.
On September 11, the State Honored Athlete made her MMA debut, facing Amber Terrell who had a record of 4-3-0 (Win, draw, loss) for the PFC Amateur Strawweight (48-52kg) Championship.
The bout which was held in Jonesborough, Arkansas ended in the second round with Urantsetseg’s victory by submission.
“Although I could not finish off my opponent in the first round of the match, I am still happy with my victory. This is just the beginning of many accomplishments in MMA that I will be harvesting in the future”, said Urantsetseg after her victory.
The first-ever female World Champion in judo in Mongolia, she finally claimed the Olympic medal after suffering back-to-back defeats in Olympics in 2012 and 2016.
In 2020, Urantsetseg was registered at Guinness World Record with her achievement in judo wrestling. Specifically, she was named as a recipient of the most medals, winning a total of 35 medals: 11 gold, 11 silver, and 13 bronze medals in the women’s -48 kg and -52 kg categories during the competitions of the International Judo Federation.
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ADB expresses readiness to jointly implement technical assistance projects www.montsame.mn

Minister of Economy and Development Ch. Khurelbaatar met with the representatives led by Mr. Safdar Parvez, Advisor of the East Asia Department, Mr. Pavit Ramachandran, Country Director, and Mrs. Xiaoqin (Emma) Fan, Director of the Public Management, Financial Sector and Regional Cooperation Division.
During the meeting, parties exchanged views on the main economic indicators of Mongolia, the Government’s macroeconomic policy measures, and further cooperation in the field of supporting the private sector and improving infrastructure and border port capacity within the framework of the ‘New Revival Policy’.
Also, the Asian Development Bank expressed its readiness to jointly implement technical assistance projects for strengthening the capacity of the Ministry of Economy and Development.
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Mongolian President expresses condolences www.montsame.mn

On September 12, President of Mongolia U.Khurelsukh visited the Embassy of the United Kingdom of Great Britain and Northern Ireland in Ulaanbaatar and signed the book of condolences for Her Majesty Queen Elizabeth II.
The President’s condolences message reads,
“On behalf of the people of Mongolia and myself, I offer heartfelt condolences to the Royal Family and the British people on the passing of Her Majesty Queen Elizabeth II.
Her Majesty was a steadying presence and a symbol of unity to Britain, the Commonwealth, and the whole world for seventy years of historic changes, development as well as times of difficulties.
Her solemn legacy will forever remain in our hearts.
Yours sincerely,
President of Mongolia KHURELSUKH UKHNAA”.
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President of Mongolia gives highest state award to outgoing U.S. Ambassador www.akipress.com

President of Mongolia Khurelsukh Ukhnaa received outgoing Ambassador of the United States of America to Mongolia Michael Klecheski.
The President of Mongolia thanked Michael Klecheski for his valuable contribution to the development of relations and cooperation between the two countries.
The signing of the second compact agreement between the government of Mongolia and the American Millennium Challenge Corporation became especially important for increasing the water supply of Ulaanbaatar and reducing the negative effects of water shortages, the President noted.
During his stay in Mongolia, Ambassador Michael Klecheski observed the democratic process and development of Mongolia and expressed his satisfaction with the active development of relations and cooperation even during the pandemic.
The President of Mongolia also issued a decree and awarded the Ambassador the Order of Altan Gadas - the Polar Star in recognition of his contribution, work and efforts in strengthening cooperation and on the occasion of the 35th anniversary of diplomatic relations between Mongolia and the United States.
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Ivanhoe, Gecamines kick off construction at Kipushi zinc mine in DRC www.mining.com

Canada’s Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) and Congo’s state mining company Gécamines have begun construction activities at the historic Kipushi underground zinc-copper mine, which they plan returning to production by late 2024.
In a breaking-ground ceremony, the companies’ joint venture, Kipushi Corporation, said pre-production capital costs, including contingency, was estimated at $382 million.
It noted that the use of existing, rehabilitated surface and underground infrastructure would allow the JV to keep costs relatively low while taking two years to reach production.
“Kipushi is exceptional, not only because of the renowned Big Zinc deposit, which is one of the world’s richest orebodies, but more importantly because of the people of Kipushi and the unique partnerships that make today’s ceremony possible,” Ivanhoe Mines’ president, Marna Cloete, said in a statement.
The Kipushi 2022 feasibility study envisions an 800,000-tonne-per-annum concentrator and underground mine, producing an average of 240,000 tonnes of zinc anually over a 14-year mine life.
The companies said that once in production, Kipushi would be the world’s highest-grade major zinc mine, with an average head grade of 36.4% over the first five years of production.
Ivanhoe, Gecamines kick off construction at Kipushi zinc mine in DRC
Jean-Michel Sama Lukonde, Prime Minister of the DRC (right) and the government delegation were welcomed by Marna Cloete, President of Ivanhoe Mines (centre), and Louis Watum, General Manager of Kipushi Corporation (left).
At a zinc price of $1.40 per pound, the after-tax net present value (NPV) at an 8% real discount rate is $1.4 billion, with an after-tax real internal rate of return (IRR) of 54%. The current spot zinc price is $1.46 per pound.
Ivanhoe has also signed a memorandum of understanding (MOU) with the provincial government of Haut-Katanga to study options for upgrading the DRC-Zambia border crossing, in the town of Kipushi, for commercial imports and exports.
The plan is to build a dedicated, commercial border post for the Kipushi mine and upgrade the existing one in the town of Kipushi, which currently only serves local traffic between DRC and Zambia.
The mine has a long and storied history as a major producer of copper and zinc. Built and then operated by Union Minière for 42 years, it began mining a reported 18% copper deposit from a surface open pit in 1924. It was the world’s richest copper mine at the time.
Kipushi then transitioned to become Africa’s richest underground copper, zinc and germanium mine. Gécamines gained control of the mine in 1967 and operated it until 1993, when it was placed on care and maintenance due to a combination of economic and political factors.
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