1 GOVERNMENT TO PROVIDE CONCESSIONAL LOANS TO SUPPORT FUEL STOCKPILE WWW.MONTSAME.MN PUBLISHED:2025/10/22      2 ERDENES TAVANTOLGOI EXPORTS 21 MILLION TONS OF COAL IN 10 MONTHS WWW,MONTSAME.MN PUBLISHED:2025/10/22      3 WORLD BANK BACKS MONGOLIA'S POWER GRID UPGRADE WWW.MIRAGENEWS.COM  PUBLISHED:2025/10/22      4 117MLN TREES PLANTED IN MONGOLIA UNDER ‘BILLIONS OF TREES’ CAMPAIGN WWW.QAZINFORM.COM PUBLISHED:2025/10/22      5 MONGOLIA'S MEASLES CASES SURPASS 13,000 WWW.XINHUANET.COM PUBLISHED:2025/10/22      6 TUGRUG DEPOSITS INCREASE WHILE FOREIGN CURRENCY SAVINGS DECLINE WWW.MONTSAME.MN PUBLISHED:2025/10/22      7 EIGHTH PILLAR OF CABLE CAR SYSTEM INSTALLED WWW.GOGO.MN PUBLISHED:2025/10/22      8 ASIAN BATTERY METALS UNLOCKS MONGOLIA’S COPPER-NICKEL POTENTIAL WITH BHP BACKING AND HIGH-GRADE DISCOVERIES WWW.CRUXINVESTOR.COM  PUBLISHED:2025/10/22      9 MAGNITUDE 5 EARTHQUAKE HITS TSETSERLEG SOUM, KHUVSGUL PROVINCE WWW.GOGO.MN PUBLISHED:2025/10/22      10 CHINA IMPORTS RECORD AMOUNT OF MONGOLIAN COAL IN SEPTEMBER WWW.MININGWEEKLY.COM PUBLISHED:2025/10/21      “ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК ОНЫ ЭХНИЙ 10 САРД 21 САЯ ТОНН НҮҮРС ЭКСПОРТОЛЖЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/22     ШАТАХУУН БОРЛУУЛДАГ 21 ААН-ИЙГ НИЙТ 52.6 ТЭРБУМ ТӨГРӨГӨӨР ТОРГОЛОО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/22     ҮХЦ-ИЙН ХУРАЛДААНЫГ Ц.САНДАГ-ОЧИР НАРЫН ГИШҮҮД ОРХИН ГАРЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/22     ГЭР ХОРООЛЛЫН ДАХИН ТӨЛӨВЛӨЛТӨД ХАМРАГДСАН ИРГЭД “НОГООН НУУР 1008 АЙЛ”-ЫН ОРОН СУУЦАНД ОРНО WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/22     ДҮҮЖИН ЗАМЫН ТЭЭВЭР ТӨСЛИЙН НАЙМ ДАХЬ ТУЛГУУР БАГАНЫГ СУУРИЛУУЛЛАА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/22     ҮСХ: ҮХРИЙН МАХ, ТӨМСНИЙ ҮНЭ ӨСЧ, ӨНДӨГНИЙ ҮНЭ БУУРЧЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/22     ЭХНИЙ 9 САРД 376 УДААГИЙН МАЛ ХУЛГАЙЛАХ ХЭРЭГ БҮРТГЭГДЭЖ, ӨМНӨХ ОНЫ МӨН ҮЕЭС 19.4 ХУВИАР ӨСЛӨӨ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/22     ХӨВСГӨЛ АЙМГИЙН ЦЭЦЭРЛЭГ СУМЫН НУТАГТ 5 МАГНИТУДЫН ХҮЧТЭЙ ГАЗАР ХӨДЛӨВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/22     БНХАУ-ААС АВАХ АИ-92 АВТОБЕНЗИНЫ ХЭМЖЭЭГ ХОЁР ДАХИН НЭМЭХ ХЭЛЦЭЛ ХИЙНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/21     УЛСЫН ХИЛЭЭР ОРСОН ГАДААДЫН ЗОРЧИГЧИД, ӨМНӨХ ОНЫ МӨН ҮЕЭС 10.1 ХУВИАР ӨСЖЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/21    

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Events

Events

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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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ION Announces Closing of Debt Settlement and Update on Joint Venture on Urgakh Naran Project www.stocktitan.net

 Lithium ION Energy Limited (TSXV: ION) (FSE: Z4A) ("ION" or the "Company") announces that it has closed its previously announced debt settlements with certain non-arm's length creditors (the "Debt Settlement"). Pursuant to the Debt Settlement, the Company has settled an aggregate amount of $120,000 in debt in consideration for which it issued an aggregate of 3,000,000 common shares of the Company at a deemed price of $0.04 per share.
All securities issued in relation to the Debt Settlement are subject to a hold period expiring four months and one day after the date of issuance in accordance with applicable securities laws and the policies of the TSX Venture Exchange (the "TSXV"). The Debt Settlement remains subject to the final approval of the TSXV.
The Company is pleased to provide an update regarding its strategic partnership for the advancement of the Urgakh Naran ("UN") project in Mongolia. The Company entered into a binding Joint Venture Agreement with SureFQ Ltd. effective March 26, 2025, under which ION will retain a 20% free carried interest in the project through commercial production in exchange for USD$5.5 million in cash consideration to ION over 4.5 years and $USD 8M in development expenditures on the UN project over 4 years. As the transaction constitutes more than 50% of the Company's assets the Company will be seeking shareholder approval at its Annual General Meeting to be held August 26, 2025, in accordance with TSX-V policy.
Related Party Transaction
In connection with the Debt Settlement, certain insiders of the Company were issued an aggregate of 3,000,000 shares. The acquisition of the shares by insiders in connection with the Debt Settlement is considered a "related party transaction" pursuant to Multilateral Instrument 61-101- Protection of Minority Security Holders in Special Transactions ("MI 61-101") requiring the Company, in the absence of exemptions, to obtain a formal valuation for, and minority shareholder approval of, the "related party transaction". The Company is relying on an exemption from the formal valuation requirements of MI 61-101 available because no securities of the Company are listed on specified markets, including the TSX, the New York Stock Exchange, the American Stock Exchange, the NASDAQ or any stock exchange outside of Canada and the United States other than the Alternative Investment Market of the London Stock Exchange or the PLUS markets operated by PLUS Markets Group plc. The Company is also relying on the exemption from minority shareholder approval requirements set out in MI 61-101 as the fair market value of the participation in the Debt Settlement by the insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the Debt Settlement as the Company wished to close the Debt Settlement in an expeditious manner.
About Lithium ION Energy Ltd.
Lithium ION Energy Ltd. (TSXV: ION) (FSE: Z4A) is committed to exploring and developing high quality lithium resources in strategic jurisdictions. ION is focused on advancing the 29,000+ hectare Urgakh Naran highly prospective lithium brine licence in Dorngovi Province in Mongolia. ION is well-poised to be a key player in the clean energy revolution, positioned well to service the world's increased demand for lithium. Information about the Company is available on its website, www.ionenergy.ca, or under its profile on SEDAR+ at www.sedarplus.ca.
About SureFQ Ltd
SureFQ is dedicated to advancing innovative and sustainable solutions in the lithium and energy sectors. As a strategic investment and development firm, SureFQ focuses on fostering high-potential projects that drive the global energy transition. Leveraging SureFQ's extensive industry expertise and technological capabilities, SureFQ plays a pivotal role in accelerating lithium resource development and deploying cutting-edge extraction technologies. Through its partnerships and investments, SureFQ is committed to ensuring a stable and efficient supply of critical materials for the clean energy revolution.

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Women’s 3x3 basketball team climbs to World No. 5 www.ubpost.mn

In a historic achievement that has filled the nation with pride, the Mongolian women’s national 3x3 basketball team captured the silver medal at the FIBA 3x3 World Cup 2025, hosted in Ulaanbaatar City. Over the course of seven thrilling days, the team delivered an exceptional performance, showcasing world-class skill, determination, and unity on home soil.
This marks a milestone moment not only for the team sport but also for Mongolian sports as a whole. It is the first time Mongolia has hosted a senior-level World Championship in an Olympic team sport, a significant step forward for the country’s sporting ambitions on the global stage.
The tournament brought together 160 athletes from 40 teams representing 27 countries, making it one of the most competitive events in recent FIBA 3x3 history. Amidst fierce international competition, the Mongolian team stood out for their resilience, tactical brilliance, and the unwavering support of a passionate home crowd.
Mongolia’s success extended beyond team performance to individual excellence on the global stage. In the latest FIBA 3x3 individual world rankings, O.Khulan proudly holds the seventh position, with B.Ariuntsetseg close behind at ninth—remarkable achievements that reflect their elite skill, consistency, and competitive edge among the world’s best. N.Nandinkhusel also earned a place in the top 100, ranking 85th, further underscoring the depth of talent and promise within Mongolia’s 3x3 basketball program. In addition, the Mongolian women’s national team now ranks fifth in the FIBA 3x3 world team rankings—a powerful affirmation of their collective performance, resilience, and growing stature on the international stage. These standings are a testament to the athletes’ dedication, discipline, and Mongolia’s rising influence in the global basketball arena. 
Further underscoring their impact, O.Khulan was named as a member to the FIBA 3x3 World Cup 2025’s Team of the Tournament, a prestigious honor reserved for the tournament’s standout players. Meanwhile, B.Ariuntsetseg emerged as the tournament’s top scorer, amassing an impressive 44 points across all games. She tallied 21 points from one-point shots, 18 from long-range two-point shots, and added five more from free throws—an all-around offensive showcase that captivated fans and analysts alike.
As the final whistle blew and the silver medals were awarded, the Mongolian squad etched their names into the annals of national sports history, inspiring a new generation of athletes and fans alike. Heartfelt congratulations to our players and coaching staff for this proud and powerful performance!

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Mongolia Records 24 Moderate Earthquakes in First Half of 2025 www.montsame.mn

A total of 24 earthquakes with magnitudes ranging between 3.5 and 5.1 were recorded across Mongolia and its border regions from January 1 to June 1, 2025, according to the National Emergency Management Agency (NEMA). The recorded seismic events show an 11 percent increase compared to the same period last year.
Director of the NEMA Operations Management Department Colonel A. Dashnyam noted, " A 4.5-magnitude earthquake on July 2 in Bogd soum of Uvurkhangai aimag was felt by local residents. Additionally, a 5.0-magnitude earthquake registered on July 3 in Delgertsogt soum, Dundgobi aimag, was felt not only in the epicentral area but also in nearby soums—Saintsagaan, Adaatsag, and Deren—as well as in the capital city, Ulaanbaatar. Fortunately, no damages or injuries were reported."
Earthquakes in the 3.5 to 5.1 magnitude range usually do not cause structural damage; they are often felt indoors and can disturb unsecured items. Earthquakes above 5.0 magnitude, though still moderate, can cause more noticeable shaking, potentially affecting weak structures and causing concern among residents.

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Flights between Moscow, Ulaanbaatar to be resumed by year-end www.tass.com

Direct flights between Moscow and Ulaanbaatar are planned to be resumed by the end of this year, according to a statement released by the Russian Ministry of Natural Resources and Environment following a meeting between Russian Minister of Natural Resources and Environment Alexander Kozlov and Mongolian Prime Minister Gombojav Zandanshatar.
Kozlov is co-chair of the Russian-Mongolian intergovernmental commission.
Trade turnover between Russia and Mongolia is on the rise, the ministry said. Moreover, Russia participates in the reconstruction of TPP-3 in Ulaanbaatar, the development of the joint venture Ulaanbaatar Railway and many other projects, the ministry added.
"Alexander Kozlov and Gombojav Zandanshatar also discussed the development of air service between the countries. The launch of a direct flight between Moscow and Ulaanbaatar is planned in the second half of the year," the statement reads.
Flights between the capitals of Russia and Mongolia were cancelled six years ago, the ministry noted.

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Emperor meets reporters ahead of visit to Mongolia www.3.nhk.or.jp

Japan's Emperor Naruhito has expressed resolve to promote friendly relations with Mongolia and mourn Japanese people who died after being detained there following World War Two.
The Emperor and Empress Masako are to make an official visit to the East Asian country for eight days from Sunday.
They are scheduled to take part in a welcome ceremony as state guests.
Meeting reporters on Wednesday, the Emperor looked back on his previous visit to Mongolia in 2007, when he was Crown Prince.
He expressed hope that the upcoming trip will serve as an opportunity to reflect on the history of exchange between Japan and Mongolia.
He added that the Empress also wishes to reflect on this shared history and prays that friendship and exchange between the two nations will further deepen.
He said she is looking forward to experiencing firsthand the vast wilderness of Mongolia, its history and culture, while interacting with people in the country.
The Emperor also mentioned the roughly 14,000 Japanese captured by the former Soviet Union and sent to Mongolia in the aftermath of World War Two. Of them, some 1,700 died from hard labor and other causes.
He noted the internees worked as laborers and participated in construction projects, which included the Government Palace and the state opera and ballet theater.
He said he has been told that they won the respect of the Mongolian people for their dedication, despite working in harsh conditions.
The Emperor said he hopes to reflect on such history through the visit when he and the Empress offer flowers at a monument for the Japanese people who lost their lives during their internment.
He said he wants to pay tribute to the people who died far from their homeland and think about the hardships they endured.

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Wood advances rare earth elements project in Mongolia www.miningweekly.com

Global consulting and engineering firm Wood has been selected by the Mongolian National Rare Earth Corporation (MNREC) to deliver a definitive feasibility study for its Khalzan Buregtei rare earth elements (REE) project, in Mongolia.
Following the successful completion of a prefeasibility study in 2024, Wood will now lead the next phase, covering the project concentrator and refinery process plants.
It will be the lead consultant for the delivery of the overall feasibility study on MNREC’s behalf.
Wood points out that the Khalzan Buregtei deposit is poised to become one of the world’s few active sources of heavy REEs, including dysprosium – critical for high-tech manufacturing and green energy technologies.
As global demand for these materials grows, it says the project represents a vital step toward securing sustainable supply chains.
“Rare earth elements are critical to sustaining modern technology and enabling the energy transition. Delivering the Khalzan Buregtei project will significantly contribute to global supplies of these critical materials.
“Mongolia has the potential to become a hub for mineral activity in the coming decades. This newest contract underpins Wood’s strategic growth in Mongolia and our commitment to developing its local workforce and economy,” says Wood minerals and metals senior VP Alan Langridge.
“Wood has been instrumental in assessing the economic and technical viability of Khalzan Buregtei thus far, focusing on resource evaluation, potential processing technologies and environmental impact. We look forward to continuing to strengthen our relationship as we enter the next phase of this groundbreaking project,” adds MNREC CEO Tsolmon Adiya. 
 By: Sabrina Jardim

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The Bank of Mongolia Purchases 5.9 Tons of Precious Metals in First Half of 2025 www.montsame.mn

The Bank of Mongolia purchased 1,587.4 kilograms of precious metals in June 2025, an increase of 573.1 kg compared to the previous month.
However, since the beginning of 2025, a total of 5.9 tons of precious metals have been purchased, which represents a 24.3 percent decrease compared to the same period last year.
Since the beginning of the year, the Darkhan-Uul Branch of the Bank of Mongolia has purchased 287 kilograms of precious metals, while the Bayankhongor Branch bought 768 kilograms.
The average price for purchasing gold in the past month was MNT385,320.36 per gram.

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The European Union Brings Creative Energy to Playtime 2025 Festival www.eeas.europa.eu

The European Union (EU) is proud to partner with Mongolia’s largest and most iconic music and youth culture event, the Playtime Festival, bringing a dynamic fusion of sustainability, innovation, and creativity to the heart of the festival experience.
From electrifying live performances to interactive installations, the EU’s offers festivalgoers a glimpse into a greener, more inclusive future—one powered by clean energy, digital access, and shared values.
At the heart of the festival grounds, the EU Zone invites visitors to engage with EU-funded projects shaping real change across Mongolia. Step inside the CHIP Ger, a traditional dwelling upgraded with EU-backed insulation and clean energy solutions, or explore the SOGE Tent, where hands-on activities highlight sustainable consumption and green economy practices. For a journey into the digital future, the DICE Tent offers immersive VR experiences showcasing EU efforts to bridge the digital divide and empower youth through technology.
Music lovers can catch top European talent supported by the EU, including Albert van Abbe from the Netherlands, a boundary-pushing techno artist, and Maria Chiara Argirò from Italy, known for her genre-defying blend of jazz, ambient, and synth-pop. 
The EU is also supporting the festival’s efforts to strengthen inclusivity—from accessible latrines to dedicated elevated viewing areas for wheelchair users near the main stages—ensuring that everyone can fully enjoy the Playtime experience.
H.E. Ina Marčiulionytė, EU Ambassador to Mongolia highlighted in her discussion with the youth visiting the EU Zone, “Playtime is more than just a festival—it is your celebration of creativity, energy, and potential. I’m proud that the EU can be here with you, to share in your passion and to work together toward a greener, fairer, and more inclusive future. The Future is Yours! —and we are excited to walk this path with you”.
The EU’s vibrant presence at Playtime 2025 reflects its strong and growing commitment to sustainability, gender equality, inclusive governance, and youth empowerment—core pillars of the EU’s cooperation with Mongolia. Under the Global Gateway strategy, the EU is investing over €180 million in support of Mongolia’s transition toward a green, inclusive, and resilient future.
About Global Gateway
The Global Gateway stands for sustainable and trusted connections that work for people and the planet. It helps to tackle the most pressing global challenges, from fighting climate change, to improving health systems, and boosting competitiveness and security of global supply chains.
About European Union
The European Union is an economic and political union of 27 European countries. It is founded on the values of respect for human dignity, freedom, democracy, equality, the rule of law and respect for human rights, including the rights of persons belonging to minorities. It acts globally to promote sustainable development of societies, environment and economies, so that everyone can benefit.

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Miat launches Shanghai-Ulan Bator flights www.global.chinadaily.com.cn

A direct route linking China's economic hub Shanghai and Ulan Bator, capital of Mongolia, will be launched by Miat Mongolian Airlines on July 3, which is expected to enhance travel convenience and strengthen economic and trade ties between the two neighboring countries.
"The direct flight between Shanghai and Ulan Bator is a new achievement in our aviation sector, which will effectively promote tourism, trade and economic cooperation between China and Mongolia," said Bold Dorjderem, Mongolian consul general in Shanghai, during an exclusive interview with China Daily on the sideline of a celebration ceremony for the new flight on Monday.
"The decision to launch the flight connecting Ulan Bator and China's business center Shanghai is expected to attract more business and investors to Mongolia from Shanghai as well as the Yangtze River Delta region as a whole," said Bold.
According to the carrier, the new route will offer passengers more seamless connections through Shanghai.
"The introduction of the new route is projected to bring between 20 percent and 30 percent more passenger flow for the carrier's operations in China, and this would consolidate China's position as the country with the largest amount of flight connections outside Mongolia for Miat," said Badral Erdenebaatar, general manager of Miat Mongolian Airlines in China.
Badral said the Shanghai-Ulan Bator route marks the fifth direct flight inaugurated by Miat in China after Beijing, Hohhot, Guangzhou and Hong Kong.
"In fact, we also have plans to launch flights to Ereenhot of the Inner Mongolia autonomous region later this year, as well as to further raise flight frequency of the Shanghai-Ulan Bator service next year," Badral said, adding that the carrier looks to attracting more transfer passengers from China with its shorter flight time and lower cost than direct flights.
Bold said that throughout 2024, 1 million passenger trips were made from Mongolia to China, while 300,000 passenger trips were made in the opposite direction, with travel demand still growing between the two countries.
The official website of the Ministry of Commerce said that in 2024, bilateral trade volume between China and Mongolia grew 8.5 percent to $19.05 billion year-on-year, accounting for 69.5 percent of Mongolia's total foreign trade during the period.
The Shanghai-Ulan Bator route departs from Shanghai Pudong International Airport and arrives at Ulan Bator's Chinggis Khaan International Airport every Thursday and Sunday (local time). The one-way flight time is about 3 hours and 50 minutes with Boeing 737 jets being used.
Based in Ulan Bator, Miat was established in 1956, and provides scheduled international service to 14 overseas and eight domestic destinations.

 

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Sandvik Wins Major Mining Equipment Order in Mongolia www.marketscreener.com

Sandvik has received a major underground mining equipment order from Oyu Tolgoi LLC, to be used at the Oyu Tolgoi copper-gold mine in Mongolia's South Gobi Desert. The order is valued at approximately SEK 270 million and was booked in the second quarter, 2025. The order includes loaders and trucks, and deliveries are expected to begin in October 2025 and continue through November 2026.
Oyu Tolgoi, one of the world's largest known copper-gold deposits, is jointly owned by Rio Tinto and the Government of Mongolia.

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