1 LEGAL REFORMS IN MONGOLIA’S EXTRACTIVE SECTOR WWW.EN.MININGINSIGHT.MN  PUBLISHED:2025/12/24      2 ICONIC SAMUEL BECKETT BRIDGE TO BE ILLUMINATED IN MONGOLIA’S NATIONAL FLAG WWW.MONTSAME.MN PUBLISHED:2025/12/24      3 TUGRUG DEPOSITS RISE BY MNT 3.7 TRILLION WWW.MONTSAME.MN PUBLISHED:2025/12/24      4 CHINA DENIES REPORT OF 100 ICBMS IN BORDER SILOS, URGES U.S. CUTS WWW.UPI.COM PUBLISHED:2025/12/24      5 ERENHOT, LARGEST LAND PORT ON CHINA-MONGOLIA BORDER, SEES RISE IN CROSS-BORDER TRAFFIC VOLUMES WWW.XINHUANET.COM PUBLISHED:2025/12/24      6 CLIMATE RISKS ARE BECOMING FINANCIAL RISKS: WHAT MONGOLIA’S EXPERIENCE REVEALS WWW.UNESCAP.ORG PUBLISHED:2025/12/24      7 4.5 MAGNITUDE EARTHQUAKE HITS SOUTHWESTERN MONGOLIA WWW.XINHUANET.COM PUBLISHED:2025/12/24      8 ENTRÉE RESOURCES PROVIDES UPDATE ON ENTRÉE/OYU TOLGOI JOINT VENTURE LICENSE MATTERS WWW.INVESTINGNEWS.COM PUBLISHED:2025/12/23      9 CHINA QUIETLY LOADS 100+ ICBMS INTO NEW MISSILE SILOS NEAR MONGOLIA: REPORT WWW.FOXNEWS.MN PUBLISHED:2025/12/23      10 MONGOLIA PRESENTS PILOT RESULTS OF NATIONAL MULTIDIMENSIONAL POVERTY INDEX WWW.AKIPRESS.COM PUBLISHED:2025/12/23      “УЛААНБААТАР МЕТРО ТӨСӨЛ”-ИЙН ТЕНДЕРИЙН ХОЁРДУГААР ШАТНЫ ШАЛГАРУУЛАЛТ ЗАРЛАГДЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/24     2026-2028 ОНД ДУЛААНЫ ТАВДУГААР ЦАХИЛГААН СТАНЦЫГ ТӨР, ХУВИЙН ХЭВШЛИЙН ТҮНШЛЭЛЭЭР БАРИНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/12/24     ХОГ ШАТААЖ, ЭРЧИМ ХҮЧ ГАРГАХ ҮЙЛДВЭРИЙН БАРИЛГА УГСРАЛТЫН АЖЛЫГ 2026 ОНД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/12/24     АЙЛ ӨРХ, ОРОН НУТГИЙН ХЭМЖЭЭНД СЭРГЭЭГДЭХ ЭРЧИМ ХҮЧНИЙ ХЭРЭГЛЭЭГ НЭМЭГДҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/24     ТӨРИЙН ӨМЧИЙН 8 КОМПАНИЙГ ХУВЬЧИЛЖ, 18-ЫГ НЭЭЛТТЭЙ ХУВЬЦААТ КОМПАНИ БОЛГОНО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/24     80,000 ГАРУЙ ТАТВАР ТӨЛӨГЧ 1.29 ИХ НАЯД ТӨГРӨГИЙН ТАТВАР ТӨЛЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/12/24     ДЭНЖИЙН МЯНГА 93 МВТ ХИЙН ДУЛААНЫ СТАНЦЫГ ТӨР, ХУВИЙН ХЭВШЛИЙН ТҮНШЛЭЛЭЭР БАРИНА WWW.GOGO.MN НИЙТЭЛСЭН:2025/12/24     НИЙСЛЭЛИЙН 2026 ОНЫ ТӨСВӨӨР ШИНЭЭР 207 ТӨСӨЛ, АРГА ХЭМЖЭЭ ХЭРЭГЖҮҮЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/12/23     БНХАУ 100 ГАРУЙ ТИВ АЛГАСАГЧ ПУУЖИНГ МОНГОЛЫН ОЙРОЛЦОО БАЙРШУУЛСАН БАЙЖ БОЛЗОШГҮЙ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/12/23     ТӨГРӨГИЙН АМ.ДОЛЛАРТАЙ ХАРЬЦАХ ХАНШ 158 ТӨГРӨГӨӨР СУЛАРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/12/22    

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Events

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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Family members of Japanese who died in Mongolia after WWII appeal for peace www.nhk.or.jp

Family members of Japanese nationals who died during detention in Mongolia after World War Two have stressed the importance of peace at a memorial event.
About 14,000 Imperial Japanese military personnel and Japanese civilians were detained by the former Soviet Union after the war and sent to Mongolia via Siberia. About 1,700 of them are believed to have died from cold, hunger, hard labor and other causes.
The event was held on Sunday in Chiba City, near Tokyo, to mark 80 years since the war ended.
The Mongolian ambassador to Japan, Banzragch Bayarsaikhan, gave a speech. He stressed the importance of maintaining peace, and expressed hope that warm, friendly bilateral ties will continue.
Suzuki Fusae from Tokyo's Komae City lost her father in Mongolia. She accompanied the Japanese Emperor and Empress when they paid their respects to the deceased Japanese during their official visit to Mongolia in July.
Suzuki said she remembers the Imperial couple observing a moment of silence in the rain at the memorial. She said the sky completely cleared after their prayers and they bowed deeply again. She described the scene as the most impressive moment in her life.
Suzuki spoke about the structures built by the detained Japanese that are still standing today. She said they were carefully constructed without machinery, and she feels proud of her father and the other detained people. She expressed hope that the structures will be used to promote peace.
A participant in his 60s said he had never heard that Japanese nationals were detained in Mongolia, and he thinks it is important to pass on the memories of what happened.

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President U.Khurelsukh to attend SCO Heads of State meeting as observer www.gogo.mn

Khurelsukh Ukhnaa, the President of Mongolia, will attend the expanded meeting of the Council of Heads of State of the Shanghai Cooperation Organization (SCO) member states in Tianjin, China, on August 31- September 1, 2025, as an observer.
At the session, President U.Khurelsukh is scheduled to deliver a speech outlining Mongolia’s stance on relations with the SCO and on regional cooperation. He also plans to hold bilateral meetings with heads of state from SCO member countries and dialogue partners to exchange views on issues of mutual interest.
In addition, President U.Khurelsukh intends to take part in a trilateral meeting with the heads of state of Russia and China during his visit to the People’s Republic of China.

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Mining Sector Requests Extension on New Royalty Calculation Method www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav held a meeting with key representatives of the mining sector.
The Government of Mongolia has revised the methodology for calculating Mineral Resource Royalties (MRRL), opting to base MRRL on the trading prices listed on the Mining Commodity Exchange or the Mongolian Stock Exchange (MSE). This change was prompted by concerns that, under the previous methodology, mining enterprises were being taxed at rates exceeding their actual sales prices, creating significant financial pressure. For instance, the prices used to calculate royalties for enriched coking coal, fluorspar 54.3 percent, and iron ore were on average 22.6 percent higher than their actual market prices, according to the Minister of Mining and Heavy Industry (MMHI), Damdinnyam Gongor.
MRRL was previously calculated based on international reference prices, which benefited companies during periods of high raw material prices. However, when prices declined, enterprises faced financial losses and were forced to suspend operations. Enkhbat Dorjpalam, Director of Energy Resources LLC, expressed appreciation for the government’s shift toward calculating MRRLs based on actual exchange prices. He also requested that the implementation of this revised methodology be extended further.
The government’s decision to adopt the new MRRL calculation method will remain in effect until the end of the year. Meanwhile, Byambadagva Bayaraa, President of the Mongolian Coal Association, proposed that MRRLs also be applied to other types of coal not currently traded on the exchange.
Under the revised methodology for calculating MRRL, enterprises that trade at least 25 percent of their products on the exchange will be required to calculate the value of their entire output based on prices listed on the MSE. This policy is expected to boost exchange-based trading and generate an estimated MNT 100 billion in additional revenue for the state budget in accordance with the projection by the MMHI. Meanwhile, Mandakhbayar Doljinsuren, Executive Director of Gan Khuder Ord LLC, raised concerns about the issue of double MRRL collection and urged the government to pay special attention to the challenges faced by entrepreneurs in the mining sector.
In response, the prime minister has instructed the Ministry of Finance to review the proposal from Mandakhbayar Doljinsuren of Gan Khuder Ord LLC and assess potential solutions.

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Mongolia to supply more textiles, cashmere, and meat to EAEU countries www.akchabar.kg

The Eurasian Economic Union intends to increase supplies of Mongolian goods to its market under a temporary trade agreement. These goods include textiles, cashmere, and meat products, which will diversify the range of products available on the Union's domestic market and better meet consumer demand. According to EEC Trade Minister Andrei Slepnev, this will diversify the range of goods on the Union's domestic market and better meet consumer demand.
Measures to increase supplies have been agreed as part of a temporary trade agreement with Mongolia, signed on June 27, 2025, in Minsk. At a seminar on developing sectoral cooperation with Mongolia, participants also discussed removing technical barriers to trade and raising awareness of potential partners, which will simplify mutual access to markets for goods.
The implementation of these initiatives will form the basis for upcoming meetings of the joint committee on the implementation of the agreement and subsequent consultations between the EAEU and Mongolia.

 

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I Plan Trips to Mongolia for a Living—and This Is the Cultural Event You Can't Miss www.yahoo.com

Mongolia is regarded as one of Asia’s most compelling travel destinations. In 2024, the north eastern country saw a record-breaking 808,000 international visitors. From the bustling capital of Ulaanbaatar to its expansive grassy steppes (flat, unforested grassland), Mongolia is sure to sweep you away with its well-preserved traditions.
One of the main draws to this country is the Golden Eagle Festival, a cultural event for Kazakh hunters to gather and showcase their falconry skills, foster community pride, and inspire younger generations. Read on to learn about the history of Mongolia’s Golden Eagle Festival, and six essential tips to make the most out of this unforgettable adventure.
An eagle hunter riding a horse at the Golden Eagle Festival.
Jalsa Urubshurow, the founder of Nomadic Expeditions—who was recruited to advise the nation’s first democratically elected prime minister—was exploring the country’s westernmost province of Bayan-Ölgii, when he encountered a remarkable yet waning tradition. He witnessed Kazakh nomads hunting on horseback with golden eagles. Recognizing both the cultural significance and risk of this tradition’s decline, he envisioned a way to preserve and celebrate this ancient practice. The result was the Golden Eagle Festival, created in 1999 in collaboration with three local Kazakh leaders.
Held over two days in October in Mongolia’s Bayan-Ulgii province on the west side of the country, the Golden Eagle Festival brings eagle hunters across different villages together to compete and showcase the speed, agility, and precision of their hunting eagles. In addition, they share their stories with visitors from around the world. The experience is further enriched by horsemanship skill demonstrations, traditional archery, and more.
The Golden Eagle Festival has grown into one of Mongolia’s premier cultural events, with eagle falconry recognized by UNESCO as an Intangible Cultural Heritage. Each fall, it draws over 100 to 150 Kazakh eagle hunters—including an increasing number of pioneering women—to the dramatic Altai Mountains.
Here, I share tips on how to make the most of your visit to Mongolia for the Golden Eagle Festival.
Book Early
If you are planning to visit Mongolia during the Golden Eagle Festival in October, I recommend booking early. Demand for the Golden Eagle Festival has grown, yet the limited infrastructure in the country’s remote western regions has remained. Domestic flights can book up quickly and accommodations are in high demand, so securing a spot at the festival can be challenging.
Immerse Yourself in Mongolian Culture Before You Arrive
There’s approximately 19 hours of total flight time between the U.S. and Ulaanbaatar—now more accessible thanks to United Airlines’ newly added direct route from Tokyo. That long flight time is perfect for learning about Mongolian culture before you arrive. Get to know the country's deeply-rooted nomadic heritage, religion and spirituality, and the rise and fall of the Mongol empire. I suggest reading Genghis Khan and the Making of the Modern World by Jack Weatherford, or watching The Eagle Huntress, a BAFTA-nominated documentary which follows Aisholpan, a trailblazing 13-year-old girl from a Kazakh nomadic family who, in 2014, became the first woman to win the Golden Eagle Festival competition.
Pack Appropriately
October in the Altai Mountains can deliver sun, wind, rain, and snow—sometimes all in a single day, with the average temperature for the month being a high of 45°F and a low of 21°F. Travelers should come well-prepared for this unpredictable climate by dressing in breathable layers and packing essentials like a well-insulated jacket, waterproof boots, gloves, a warm hat, and a scarf or buff to shield against wind and dust. And don’t forget sunscreen, because you’ll spend plenty of time sky gazing as golden eagles soar in search of prey.
Meet Locals on the Ground
At Nomadic Expeditions, we’ve consistently found that visits with nomadic families are among the most meaningful experiences for travelers. This experience often offers hands-on activities like goat milking, traditional tea preparation, and cooking local dishes. These moments also evolve into rich exchanges, as hosts are just as curious about their visitors’ lives as travelers are about theirs.
A look of the interior of a traditional ger.
Spending a night in a traditional ger, or yurt, is a quintessential part of any journey to Mongolia. These dwellings are a cornerstone of nomadic life—designed for portability, warmth, and resilience on the steppe. For an elevated take on this tradition, Nomadic Expeditions’ award-winning Three Camel Lodge in the Gobi Desert offers a truly memorable experience.
Built with traditional Mongolian Buddhist architectural principles (without a single nail in its roof), the main lodge at Three Camel Lodge is a stunning work of craftsmanship. The lodge’s 40 luxury gers, thoughtfully appointed with wood-burning stoves, handcrafted furniture, and private bathrooms, bring a touch of comfort to the wilderness without sacrificing authenticity.
The Chinggis Khaan National Museum in Ulaanbaatar, Mongolia.
Spanning nearly 304,000 square miles, Mongolia offers a vast canvas of unforgettable experiences. While the Golden Eagle Festival is a cultural highlight, it’s just one chapter in the country’s rich and varied history and there is plenty more to take part in while here. Journey north to the pristine waters of Lake Hovsgol, one of the world’s oldest and clearest freshwater lakes; venture south into the sweeping Gobi Desert, where legendary fossil sites like the “Fighting Dinosaurs” capture prehistoric life; or head west to Kharkhorum, an ancient city in the Orkhon Valley, which was once the capital of Chinggis Khan’s Mongol Empire.
In Ulaanbaatar, the nation’s dynamic capital, discover the impressive Chinggis Khaan National Museum—opened in 2022 as a monument to the nation’s hero—and stand in awe of the Migjid Janraisig, an 87-foot golden statue of a prominent Buddhist figure, the Bodhisattva of Compassion.
BY
Undraa Buyannemekh is a member of Travel + Leisure's A-List and specializes in Mongolia trips. You can create a tailor-made itinerary with Buyannemekh by contacting her at undraa@nomadicexpeditions.com.

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Governor-General of the Commonwealth of Australia the Honourable Samantha Mostyn to Pay a State Visit to Mongolia www.president.mn

At the invitation of the President of Mongolia H.E. Khurelsukh Ukhnaa, Governor-General of the Commonwealth of Australia the Honourable Samantha Mostyn will pay a State Visit to Mongolia from September 4-9, 2025.
This is the first visit of the Governor-General of the Commonwealth of Australia to Mongolia in 31 years and significant in further expanding and strengthening Mongolia’s relations and cooperation with Australia, our “third neighbor” and an important partner in the Indo-Pacific region.
During the visit, President Khurelsukh Ukhnaa and Governor-General Samantha Mostyn will hold official talks and exchange views on a broad range of topics, including enhancing political, trade, investment, education, and agriculture cooperation, strengthening people-to-people ties, and deepening regional and international collaboration within the commitment to elevate the bilateral relationship to a “Comprehensive Partnership”.
Furthermore, Governor-General Mostyn plans to visit Australia-supported projects and programs in Mongolia and meet business leaders and entrepreneurs.
Mongolia and Australia established diplomatic relations on September 15, 1972.
Currently, more than 22,000 Mongolian citizens reside in Australia.

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Mongolia, South Korea to open joint Rare Metals Research Center www.akipress.com

 Mongolia and the Republic of Korea plan to open a Joint Rare Metals Research Center in November 2025, Montsame reports.
Within the framework of the project, a laboratory will be established based on the Geological Research and Analysis Center state-owned company, to jointly study technologies for enriching rare earth elements and rare metal ores, to localize enrichment technologies of the Republic of Korea, to train human resources, and to support cooperation between enterprises of the two countries in the field of rare metals.
Director General of the State Administration Department and State Secretary of the Ministry of Industry and Mineral Resources (MIMR), Dashpurev Buriad, met with the project team of the Korea Institute of Geoscience and Mineral Resources (KIGAM), the Republic of Korea side’s implementing agency, which is carrying out the establishment of the Mongolia-Republic of Korea Joint Rare Metals Research Center with the grant aid of the Government of the Republic of Korea.

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Mongolian Mining Corporation Announces 2025 Interim Results www.stocktitan.net

Mongolian Mining Corporation (“MMC” or the “Company”, or together with its subsidiaries, the “Group”; HKEx: 975; OTCQX: MOGLF), the largest producer and exporter of washed hard coking coal (“HCC”) in Mongolia, today announced its interim results for the six months ended 30 June 2025 (“1H2025” or the “period under review”).
During 1H2025, the Group generated a total revenue of approximately USD346.6 million (1H24: USD541.1 million), representing approximately 35.9% year-on-year decrease. The Group sold approximately 4.2 million tonnes (“Mt”) of washed coal products, comprising 3.3 Mt of primary products and 0.9 Mt of secondary products. As such, sales volume remained at similar levels compared to the first half of 2024, however, the revenue declined as average selling prices (“ASP”) softened due to weaker market sentiment during the period under review.
The Group’s gross profit for the period under review was approximately USD62.9 million. The Group recorded a net loss attributable to equity shareholders of approximately USD23.3 million for the six months ended 30 June 2025, compared to a net profit of USD133.0 million for the corresponding period in 2024. Such decline was primarily attributable to lower ASP, as well as an one-off loss of USD25.0 million related to debt refinancing.
The Group successfully advanced construction works to develop Bayan Khundii (“BKH”) gold mine located in Bayankhongor aimag (province), Mongolia. During the quarter ended 30 June 2025, commissioning of the BKH gold mine processing plant and site support facilities (including power, heat and water supply infrastructure, laboratory, warehouse, chemicals and blasting materials storages, office and accommodation camp) were conducted by relevant authorities. Initial overburden removal operations commenced at the end of the second quarter, with commercial gold production expected to begin within the third quarter of 2025.
Dr. Battsengel Gotov, Chief Executive Officer of MMC, said, “We remain fully committed to the corporate strategies adopted by the Board that secure our position as the largest internationally listed private mining company in Mongolia. While coal market conditions were weaker during first half of this year, we observe improved sentiment starting from the third quarter of this year. Moreover, the forthcoming imminent commencement of gold production at the BKH mine shall support our belief of positive outlook for the remainder of the year and beyond. The Group remains focused on maintaining a prudent financial policy and a strong balance sheet, while continuing to implement activities to diversify its business portfolio and revenue sources by identifying potential investment targets in Mongolia.”
About Mongolian Mining Corporation (HKEx: 975; OTCQX: MOGLF)
MMC is the largest producer and exporter of washed hard coking coal in Mongolia. It owns and operates two open-pit coking coal mines, namely, the Ukhaa Khudag mine located within the Tavan Tolgoi coal formation, as well as the Baruun Naran mine, both located in Umnugobi aimag (province), Mongolia.
MMC is developing the Bayan Khundii gold mine, located in Bayankhongor aimag (province), Mongolia. The gold production of Bayan Khundii mine is expected to commence in 2025.
MMC was listed on The Stock Exchange of Hong Kong Limited in October 2010. To learn more about the Group, please visit MMCˇs website at: www.mmc.mn.

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Kyrgyz enterprises seek to import meat from Mongolia www.qazinform.com

Enterprises of the Kyrgyz Republic have expressed interest in importing all types of livestock meat from Mongolia and developing long-term cooperation, MONTSAME reports. 
At the same time, Kyrgyz producers expressed their capacity to export fruits, berries, and vegetables to Mongolia during a meeting between the Director of the Ministry of Food, Agriculture, and Light Industry Policy and Planning Department, Ts. Bolorchuluun, representatives of the Mongolian Meat Association and enterprises, and representatives of Kyrgyz enterprises.
The sides exchanged views on ensuring mutually beneficial and stable trade flows and discussed opportunities and directions for future cooperation.
To note, the beef cattle population grows by 23% in Kazakhstan, meat exports double.

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Navoi Airport Receives First MIAT Cargo Flight Carrying Purebred Sheep from Mongolia www.uzdaily.uz

 Navoi Airport has welcomed the first cargo flight operated by MIAT Mongolian Airlines Cargo.
On 27 August, as part of bilateral cooperation between Uzbekistan and Mongolia, the aircraft delivered 26.8 tons of purebred sheep.
By the end of 2025, MIAT Cargo plans to operate 106 flights, transporting live animals from Mongolia to Uzbekistan and agricultural products on the return route.
Previously, flights on the Ulaanbaatar–Navoi route were operated by KAP KG Airlines, which will continue to provide services.
MIAT Cargo is the freight division of the Mongolian state airline MIAT Mongolian Airlines, specializing in cargo transportation.

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