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

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‘Green Guarantee’ for the Engineering, Procurement and Construction contract issued for Moron solar PV in Mongolia www.montsame.mn

Top international and domestic companies have been selected as the general contractor for the EPC contract for 10MW Moron solar PV, which is being implemented by the Ministry of Energy and funded by the Asian Development Bank (ADB) within the framework of the Upscaling Renewable Energy Sector Project. In accordance with the terms of the contract, Golomt Bank, in cooperation with the Industrial and Commercial Bank of China, issued Green guarantee on behalf of the General Contractor.
The project will support the Government of Mongolia’s policy of decarbonizing the energy system in remote and less-developed regions; and strengthen institutional capacity to implement the State Policy on Energy, 2015–2030, and Mongolia’s Nationally Determined Contribution under the Paris climate accord, which set the targets of increasing the share of renewable energy capacity in total installed capacity to 20 percent by 2023, and to 30 percent by 2030. The project will develop 40.5MW first-of-its-kind distributed renewable energy system with a variety of renewable energy technologies supplying clean electricity and heat in geographically scattered load centers in the less-developed region of western Mongolia. The subprojects will be implemented in two phases: core subprojects with 25.5MW of capacity in the first batch (2019–2022), and noncore subprojects with 15MW of capacity in the second batch (2020–2024).
Among ADB’s developing member countries, Mongolia has the largest energy dependence on coal and 93 percent of Mongolia’s energy production comes from combined heat and power plants that generate energy by burning coal. Once completed, the project will generate 99 gigawatt-hours of clean electricity annually, enabling the country to reduce its carbon dioxide (CO2) emissions by 82,789 tons per year, thereby delivering clean electricity to 70,000 households.
Golomt Bank continues to support domestic and foreign green projects with customized financing structures and services within the framework of an environmentally friendly and sustainable financing policy.
Source: Golomt bank
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'Responsible Nomads' Standard for Sustainable Code of Practices for Nomadic livestock Production www.montsame.mn

Among consumers in developed countries, it is becoming more and more common to choose environmentally friendly and ethical products, and Mongolia has a potential to exploit this market niche. According 'Step Eco Lab Project' implemented by European Union, processing plants and customers are increasingly looking for eco-friendly, sustainable, certified and traceable raw materials. 85% of European retailers say sales of sustainable products have increased over the past five years, and 92% expect sales of sustainable products to further increase over the next five years. For some consumer goods in the US markets, sales of sustainable products have surpassed sales of other products and 47% of US consumers expressed willingness to pay higher prices for sustainable products. At a time when sustainable raw material preparation and production are becoming a competitive factor in the luxury goods market, there is a need to develop traceable and transparent supply chain and present meaningful environmental footprint report/carbon footprint report that meet the needs of responsible consumers and the market.
With vast grasslands that occupy 70% of total territory and nomadic herding heritage, livestock husbandry is one of the economic comparative advantages of Mongolia. In March 2020, Mongolia has adopted standard MNS 6891:2020 for Responsible Nomads Code of Practices for sustainable nomadic livestock production. The standard and its traceability system aims to ensure a responsible nomadic herding at the primary-herder households level, providing buyers with the tools to appreciate best practices of nomadic herding maintaining healthy rangeland or improving their management and better animal care, and to ensure transparent chain of custody from a herder household to final product, and provide customers with a guarantee that the raw materials of the products they buy are truly from Responsible herder households.
Mongolian Rangeland Coalition identifies the competitive marketing strategy of Mongolian livestock products in the international market as sustainable, traceable, high quality and ethical and aims to support and enable stakeholder collaboration to produce and supply traceable, value-added, sustainably processed products.
-RMTS – Raw Material Traceability System is a smart phone application which can be downloaded from Play Store and App Store
-By clicking on the camera icon, the app allows you to scan the QR code on the product label which is originated from the ear tag code of a livestock
-RMTS verifies that product is manufactured from raw materials, which meet above indicators
Responsible Nomads employs six key indicators that herders must comply with to continue involvement in the Green Pasture Project. These include: responsible actions of herders, maintenance and improvement of rangeland health, keeping up to date with animal health services, ensuring animal welfare, promoting environmental stewardship, and traceability of livestock. Each of these indicators are meticulously measured for each herder through a mobile phone application, recorded within the Responsible Nomads database system. At the same time, the traceability system developed for Responsible Nomads provides end-customers with a guarantee that raw materials have been produced by nomadic herders who maintain responsible rangeland and herd management practices and care for the wildlife sharing the rangelands.
As of May 2021, 44 000 herders and 86 herders’ marketing cooperatives have registered in the system. In 2019, about 180 tons of cashmere were sold through the system. In 2020, it has increased by two fold- 360 tons of cashmere were sold certified through the system and 15 tons were sold to international buyers. The Responsible Nomads traceability system shows incredible promise in promoting and monitoring sustainable rangeland and livestock management.
Ts. Enkh-Amgalan, Mongolian Rangeland Coalition
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8 children die after falling from horse in Mongolia so far this year www.xinhuanet.com

At least eight children have died and anther five seriously injured after falling from horse in Mongolia so far this year, local media reported Thursday, citing a statement by the country's National Police Agency.
The statement came as issues related to rights and safety of child jockeys are being raised at a time when the Mongolian national holiday Naadam, which features horse racing, archery and wrestling, is approaching.
Inscribed in UNESCO's List of the Intangible Cultural Heritage of Humanity, the official holiday is celebrated from July 11-15.
In 2018, the Mongolian government decided to ban horse races in winter.
According to the Rules of the National Naadam Horse Racing, the minimum age of child jockeys is seven years old. However, this rule does not apply to all horse races organized throughout the year in the country.
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China nods to add a coal mine in Inner Mongolia as shortage bites www.sxcoal.com

China's energy bureau gave nod to construction of a new coal mine in Inner Mongolia after several mines were allowed to expand capacity, in a move to boost coal supply and bring down fuel costs for power generation.
Dongping coal mine, located in Zhunger mining area in coal-rich Inner Mongolia, is designed with annual production capacity of 4 million tonnes as well as a same-scale coal washing plant, according to an official document issued by the National Energy Administration.
The move will help further push ahead with construction of Shendong coal production base, one of the 14 large coal bases in China, which consists of Shenfu and Dongsheng mining areas.
A total 20.3 million tonnes per annum (Mtpa) of capacity expansion has been put on agenda in Inner Mongolia since this year, in response to the central government's call to increase coal production and boost capacity.
In 2021, Inner Mongolia added 169 Mtpa of coal capacity through capacity expansion at 115 coal mines in five batches.
(Writing by Tammy Yang Editing by Harry Huo)
For any questions, please contact us by inquiry@fwenergy.com or +86-351-7219322.
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China first 1 million kw onshore wind project launches in Inner Mongolia www.news.cgtn.com

A giant onshore wind power project with a generation capacity of 1 million kilowatts was put into operation after being connected to the national power grid for electric power supply in the Xing'an League of north China's Inner Mongolia Autonomous Region on June 29, 2022.
It signifies the entry into operation of China's first 1 million kilowatt-grade single-unit onshore wind power project. The mega project has been built and installed in the first phase of China's Xing'an League Three Million Kilowatts Wind Power Base built by China General Nuclear Power Group (CGN). The construction of the other two 1 million kilowatt-grade onshore wind power projects in the region is still underway.
The first 1 million-kilowatt project, which is a mountainous wind farm, is capable of generating more than 3 billion kWh on-grid electricity annually. It can save more than 920,000 tonnes of standard coal and reduce nearly 2.5 million tons of carbon dioxide emissions every year.
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Flights between Mongolia and China to resume www.montsame.mn

Relevant organizations of Mongolia and China have reached an agreement to open the air border between the two countries and resume regular flights.
In particular, flights to the cities of Guangzhou and Hohhot in China will begin to be conducted starting from July 4 and 5.
Due to the pandemic, flights between the two countries were halted on January 27, 2020. Based on the talks that were held between the two sides, the side of China informed that it is possible to conduct weekly flights to its cities with the exception of Shanghai and Beijing.
Earlier this month, the Cabinet made a decision to allow MIAT Mongolian Airlines and Aero Mongolia companies to conduct weekly flights to Guangzhou and Hohhot respectively. While Mongolian aviation companies will be conducting the flights for one week, Chinese aviation companies will be in charge of the next.
The passengers are required to be isolated for 5 days prior to the flight and 14 days after their arrival in China. If more than five passengers show signs of COVID-19, the flight may be canceled.
The frequency of flights to China will increase in the future when the COVID-19 situation in China subsides.
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Shares of state-owned enterprises to be offered to public through stock exchange www.montsame.mn

On June 29, the Cabinet made a decision to offer the shares of 25 state-owned enterprises to the public through the stock exchange in 2022-2023, approving the list of the enterprises.
The list of state-owned enterprises that will be subject to the Cabinet’s decision includes 25 companies, such as the Mongolian Stock Exchange, Mongolian Telecom Company, National Reinsurance, Netcom, IT Park, and companies in charge of road maintenance.
The decision is aimed at improving the governance of state-owned and partly state-owned companies, improving management, and making the company’s structure smaller and more efficient, which is in line with the Government’s Productivity Recovery, one of the core objectives of the New Revival Policy.
During the press conference that was held to introduce the Cabinet’s decisions, Director of the Policy Coordination on State Property and Regulation Agency B.Tsengel said, “First of all, 34 percent of the Mongolian Stock Exchange will be publicly traded to the public in the fourth quarter of this year. Whereas, shares of Mongolian Telecom Company and National Reinsurance will be offered in the first quarter of 2023. The issue of the remaining companies will be resolved in the fourth quarter of next year”.
The Cabinet also decided to start merging some of the state-owned enterprises. For example, the decision to liquidate the ‘Mongol Us’ company was made at the meeting to avoid duplication of functions with the Water Agency, which was established recently.
Instructions have been given to the relevant officials to carry out a prompt study on the restructuring, liquidation, and merger of a number of state-owned enterprises.
 
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Mongolia reports 49 new coronavirus infections www.akipress.com

Mongolia reported 49 new coronavirus infections, the coronavirus statistics as of June 29 showed.
29 of them were revealed among persons who had contact with the infected in Ulaanbaatar, 20 other cases were detected in regions.
No new imported cases of COVID-19 were reported.
The death toll makes 2,118 as of June 29.
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Mongolia to step up fight against forest pests www.xinhuanet.com

Mongolia will boost efforts to protect forests from harmful insects, the country's environment minister said Wednesday.
The government will spend 2 billion Mongolian Tugriks (about 638,500 U.S. dollars) to control pest outbreaks or eradicate insect pests, Mongolian Minister of Environment and Tourism Bat-Ulzii Bat-Erdene told a press conference.
It is estimated that insect pests have infected more than 732,700 hectares of forest in Mongolia, said the minister.
The fight against forest pests is part of the country's tree-planting campaign, which was launched last year and aims to plant at least a billion trees by 2030 to combat desertification.
According to the ministry, only 7.9 percent of Mongolia's total land area is covered by forests.
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Mongolian rock band The Hu unveil UK and European tour dates www.nme.com

Mongolian rock band The Hu have unveiled details of a full UK and European tour this year – check out the dates below.
The band will perform at Manchester, Leeds, Nottingham, Cardiff, Birmingham, Belfast and Glasgow, as well as a huge show at London’s Roundhouse on December 9.
Tickets for the shows are available here from Friday July 1 at 9am and you can see all the UK dates here:
NOVEMBER
28 – Manchester, Academy
30 – Leeds, Stylus
DECEMBER
1 – Nottingham, Rock City
2 – Cardiff, Great Hall
3 – Birmingham, O2 Institute
5 – Dublin, 3Olympia
6 – Belfast, Ulster Hall
07 – Glasgow, SWG3 (Galvanizers)
09 – London, Roundhouse
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