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    

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

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New coal plants are popping up all over Asia www.mining.com

Just five Asian countries are now producing the vast majority of the region’s coal, with little intention of reining in production as several companies invest in new coal plants.
According to a study released in June, China, India, Indonesia, Japan, and Vietnam are producing around 80 percent of all Asian coal, with plans to develop over 600 coal power units. Together, the projects are expected to produce around 300 gigawatts of energy.
The continued reliance is surprising considering the many alternative energy projects that could be more financially appealing, as the cost of building new coal plants is extremely high considering global aims to reduce reliance on coal power.
Carbon Tracker, the London-based think tank that published the report, claims that solar and wind power generate significantly cheaper energy, with costs around 85 percent lower than existing coal production. And by 2026, close to 100 percent of coal production will be more expensive than constructing and operating renewable projects.
Europe, for example, is already phasing out coal production at an increasing rate, as the U.K. plans to decommission the country’s coal plants a year earlier than expected, by 2024. In addition, many of the U.K.’s disused coal plants are now being converted for alternative energy use, including the creation of geothermal power plants.
Catharina Hillenbrand von der Neyen, head of company research and co-head of research at Carbon Tracker, stated of the findings, "The vast, vast majority of new coal projects that are currently being proposed is likely to be value destructive — a very bad deal for investors."
At present, China is the world’s largest investor in coal. And it plans to boost its coal energy production by 187 gigawatts, on top of its current 1,100-gigawatt output. In addition, in 2020 a Shanxi state merger established one of the world’s largest coal companies.
Despite aiming to become carbon-neutral by 2060, China’s reliance on coal hasn’t subsided as coal-powered industry accounted for 37 percent of its economic activity in 2020. In 2019, coal constituted around 57 percent of the country’s energy consumption.
So, while China is increasing its investment in renewables projects, with it expecting to add 90 GW wind and solar capacity to the grid in 2021, the importance of coal cannot be overlooked.
However, the report predicts that renewable energy will overtake coal production in India and Indonesia by 2024. And it will become less economically viable than renewables in Japan and Vietnam by 2022.
Meanwhile, other Asian countries are following in the footsteps of Europe and abandoning coal production. For example, Thailand’s largest coal producer, Banpu, has said it will not pursue any new coal projects in a shift towards greener energy.
Chaimongkol, CEO of Banpu explained, “Since 2010, we talk about transformation. And since 2015, when I succeeded my predecessor as CEO, we started to implement a greener, smarter [plan]. For the past five years, we spent $2 billion and 90% of [that went on] … a greener investment, such as gas, such as renewable energy, and energy technology.” Further, ″[There are] a lot of megatrends happening — digitalization, decarbonization, decentralization — and that sped up Banpu to produce a new, greener, smarter strategy.”
While coal continues to fuel some of the largest Asian states, with more plants planned over the coming years, will these countries continue to pursue an energy strategy that is at odds with international green energy plans, or will they give in to renewables development?
This article was originally published on Oilprice.com
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Mongolia records 1,246 daily new cases of coronavirus, 10 deaths www.akipress.com

Mongolia recorded 1,246 daily new cases of the coronavirus, the Ministry of Health reported July 13.
Total number of confirmed cases of coronavirus nationwide has risen to 140,530.
609 cases were confirmed in Ulaanbaatar, the remaining 636 cases were detected in the regions.
10 deaths from infection were registered in the country during the previous day bringing the death toll to 699.
The total number of people who recovered in Mongolia rose to 111,064 with 3,540 new recovered cases in 24 hours.
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Switzerland sends Covid medical assistance to Mongolia www.swissinfo.ch

Swiss Humanitarian Aid has sent 40 respirators and 45 oxygen concentrators to the Mongolian capital, Ulaanbaatar, with a total value of around CHF850,000 ($930,000).
“In view of the public health situation in Mongolia and in response to a request for assistance from the Mongolian authorities, Swiss Humanitarian AidExternal link has decided to support the country in its efforts to combat the Covid-19 pandemic,” the foreign ministry said in a statementExternal link on Monday.
A federal air transport service plane left Dübendorf military air base outside Zurich for Ulaanbaatar on Monday. In addition to the 40 respirators provided by the Swiss Armed Forces Pharmacy, the shipment also includes 45 oxygen concentrators.
The equipment will be received in Ulaanbaatar by the local authorities and then transported to various sites, in particular to hospitals specialising in care for women and children. The Swiss representation in Mongolia is in close contact with the authorities to ensure that humanitarian goods are distributed fairly based on need, in accordance with humanitarian principles, the foreign ministry said.
The shipment sent to Mongolia is the fourth delivery of humanitarian goods from Switzerland to Asia in the past few weeks. Swiss Humanitarian Aid, which is part of the foreign ministry, has already sent 13 tonnes of relief supplies to India (May 6), 30 tonnes to Nepal (May 21) and 16 tonnes to Sri Lanka (June 7).
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Mongolia approves Gurvantes CBM project PSA www.naturalgasworld.com

The Mongolian cabinet has approved the production sharing agreement (PSA) with Telmen Resource regarding the Gurvantes XXXV coalbed methane (CBM) project, Australia’s Talon Energy, a partner in the project, said on July 12.
The Mineral Resources and Petroleum Authority of Mongolia has been instructed by the ministry of mining and heavy industry to formally execute and issue the PSA, and this is expected to occur in the coming weeks, the company said.
Talon said that the receipt of cabinet approval had been delayed by the ongoing COVID-19 situation in Mongolia. As a result of these delays, and as consideration for Telmen agreeing to extend the exclusivity period relating to the farm-in, the Australian explorer will issue Telmen options to acquire its shares upon the formal issuance of the PSA.
Under the terms of the proposed farm-in agreement with Telmen, Talon will have an option to earn a 33% participating interest in Gurvantes project by paying 100% of the costs of an agreed budget for an initial exploration work programme of up to an amount of $1.5mn. Work on the initial work programme is expected to commence shortly, upon the formal issuance of the PSA, Talon said.
The PSA covers an area of 8,400 km2 and is situated around 20 km from the Chinese-Mongolian border and close to the northern China gas transmission and distribution network. Talon believes that Gurvantes is “ideally placed for future gas sales to satisfy both local Mongolian, as well as Chinese, energy requirements”.
“We are very pleased to be moving forward with our partner Telmen Resource JSC in Mongolia,” Talon’s managing director, David Casey said. “Planning for initial exploration work on Gurvantes XXXV is well underway, as is the preparation of an independently certified prospective resource, where we expect to see multi-tcf potential. Alongside the operator, Telmen, we look forward to undertaking our first exploration work with a view to booking Mongolia’s largest gas contingent resource.”
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Taiwan tech giants Foxconn and TSMC to buy 10m Covid jabs www.bbc.com

Two of the world's biggest technology manufacturers are buying 10 million doses of a Covid vaccine for Taiwan.
Taiwanese firms Foxconn, which makes devices for Apple, and chip giant TSMC brokered the agreements for the BioNTech vaccine, worth $350m (£252m).
Taiwan has been trying for months to buy the vaccine from Germany's BioNTech and blames China for blocking a deal.
China, which claims the self-ruled island as its own territory, denies the accusations.
The agreements will see Foxconn and Taiwan Semiconductor Manufacturing Co (TSMC) buy five million doses of the vaccine each and donate them to the government for distribution.
The deal was announced in a statement by BioNTech's Chinese sales agent Shanghai Fosun Pharmaceutical Group.
Fosun Pharma's chairman and chief executive Wu Yifang said they would "work closely with our partners to provide safe and effective vaccines to Taiwan at an early date".
Foxconn's billionaire founder and chairman Terry Gou wrote on his Facebook page that Beijing did not interfere with the talks.
BioNTech developed the mRNA vaccine, which is marketed as Comirnaty, in collaboration with the US pharmaceuticals giant Pfizer.
Taiwan's government has faced intense pressure from the public to speed up its coronavirus vaccination programme.
Last month the government agreed to allow Mr Gou and TSMC to negotiate deals for the vaccines on its behalf.
A major Taiwanese Buddhist group, the Tzu Chi Foundation, is also trying to buy vaccines for Taiwan.
Separately, the US and Japan have donated a total of almost five million Covid vaccine doses to Taiwan to help the island accelerate its vaccination programme.
Meanwhile, Taiwan has millions of vaccines on order, mainly from AstraZeneca and Moderna.
Just 0.3% of Taiwan's population is fully vaccinated.
Last week, Taiwan's President Tsai Ing-wen said the government aims to have 25% of its population vaccinated with at least one dose of a two-shot jab by the end of July.
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Rio Tinto to keep South African operation shut www.mining.com

Rio Tinto (ASX, LON, NYSE: RIO) said on Monday that operations at its Richards Bay Minerals (RBM) project in KwaZulu-Natal, South Africa, which was shut down in late June following the murder of the top manager, will remain halted despite talks with government.
Escalating violence forced the miner to declare a force majeure on customer contracts at RBM and seek help from authorities to control violent community unrest.
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The Minerals Council of South Africa condemned violence and law enforcement “failures” and had tried preventing the suspension of activities at the minerals sands project, which employs about 5,000 people.
“Continued acts of lawlessness including blockages of roads, burning of equipment and intimidation of staff at mining operations are not only unacceptable and damaging to the country’s reputation as an investment destination, but also impact the lives and livelihoods of mining employees, their families and surrounding communities,” the council said earlier this month.
A spokesperson for Rio Tinto said on Monday everyone was keen to see the resumption of operations as soon as possible. “But the safety of our people and the security of our operations must be assured before we can return to work,” he said.
The statement refutes KwaZulu-Natal Premier Sihle Zikalala’s comments on July 9. He told local reporters then that RBM would resume operations this week after government and Rio Tinto and RBM’s management had held talks.
History of violence
The Richards Bay mineral sands mine – in which Rio holds a 74% interest – has seen several violent incidents over the years.
Operations were halted twice in 2018 due to violent protests by contractors, and in 2019, RBM was forced to suspend activities again following the shooting of one of its employees.
Despite Rio approving the $463 million Zulti South project to extend the mine life, the expansion has been on hold since 2019 due to unresolved security issues.
In April, RBM officials said they were in talks with the country’s authorities to “permanently address violent protests around its operations before resuming work on the Zulti South project.”
The latest incident, however, casts further doubt on normal resumption of activities at Richards Bay, which includes mining, refining and smelting of heavy minerals or ore deposits.
RBM produces predominantly ilmenite, rutile and zircon – materials used in everything from paint to smart phones to sunscreen.
Richards Bay RBM is a joint venture between Rio Tinto and Blue Horizon – a consortium of investors and our Host Communities Mbonambi, Sokhulu, Mkhwanazi and Dube – which owns 24%. The remaining shares are held in an employee trust.
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Living with COVID-19: Israel changes strategy as Delta variant hits www.reuters.com

JERUSALEM, July 13 (Reuters) - Four weeks ago, Israel was celebrating a return to normal life in its battle with COVID-19.
After a rapid vaccination drive that had driven down coronavirus infections and deaths, Israelis had stopped wearing face masks and abandoned all social-distancing rules.
Then came the more infectious Delta variant, and a surge in cases that has forced Prime Minister Naftali Bennett to reimpose some COVID-19 restrictions and rethink strategy.
Under what he calls a policy of "soft suppression", the government wants Israelis to learn to live with the virus - involving the fewest possible restrictions and avoiding a fourth national lockdown that could do further harm to the economy.
As most Israelis in risk groups have now been vaccinated against COVID-19, Bennett is counting on fewer people than before falling seriously ill when infections rise.
"Implementing the strategy will entail taking certain risks but in the overall consideration, including economic factors, this is the necessary balance," Bennett said last week.
The main indicator guiding the move is the number of severe COVID-19 cases in hospital, currently around 45. Implementation will entail monitoring infections, encouraging vaccinations, rapid testing and information campaigns about face masks.
The strategy has drawn comparisons with the British government's plans to reopen England's economy from lockdown, though Israel is in the process of reinstating some curbs while London is lifting restrictions.
The curbs that have been reinstated include the mandatory wearing of face masks indoors and quarantine for all people arriving in Israel.
Bennett's strategy, like that of the British government, has been questioned by some scientists.
Israel's Health Ministry advocates more of a push for stemming infections, Sharon Alroy-Preis, head of public health at Israel's Health Ministry, told Kan Radio on Sunday.
"It's possible that there won't be a big rise in the severely ill but the price of making such a mistake is what's worrying us," she said.
But many other scientists are supportive.
"I am very much in favour of Israel's approach," said Nadav Davidovitch, director of the school of public health at Israel's Ben Gurion University, describing it as a "golden path" between Britain's easing of restrictions and countries such as Australia that take a tougher line.
THE VIRUS 'WON'T STOP'
Israel's last lockdown was enforced in December, about a week after the start of what has been one of the world's fastest vaccination programmes.
New daily COVID-19 infections are running at about 450. The Delta variant, first identified in India, now makes up about 90% of cases.
"We estimate that we won't reach high waves of severe cases like in previous waves," the health ministry's director-general, Nachman Ash, said last week. "But if we see that the number and increase rate of severe cases are endangering the (health) system, then we will have to take further steps."
Around 60% of Israel's 9.3 million population have received at least one shot of the Pfizer/BioNtech vaccine. On Sunday, the government began offering a third shot to people with a compromised immune system.
Ran Balicer, chair of the government's expert panel on COVID-19, said Israel had on average had about five severe cases of the virus and one death per day in the last week, after two weeks of zero deaths related to COVID-19.
Noting the impact of the Delta variant, he said the panel was advising caution over the removal of restrictions.
"We do not have enough data from our local outbreak to be able to predict with accuracy what would happen if we let go," Balicer said.
Some studies have shown that though high, the Pfizer/BioNTech vaccine's effectiveness against the Delta variant is lower than against other coronavirus strains.
Drawing criticism from some scientists, Pfizer (PFE.N) and BioNTech SE have said they will ask U.S. and European regulators to authorise booster shots to head off increased risk of infection six months after inoculation. read more
Israel is in no rush to approve public booster shots, saying there is no unequivocal data yet showing they are necessary. It is offering approval only to people with weak immune systems on a case-by-case basis.
Authorities are also considering allowing children under 12 to take the vaccine on a case-by-case basis if they suffer from health conditions that put them at high risk of serious complications if they were to catch the virus.
Only "a few hundred" of the 5.5 million people who have been vaccinated in Israel have later been infected with COVID-19, Ash said.
Before the Delta variant arrived, Israel had estimated 75% of the population would need to be vaccinated to reach "herd immunity" - the level at which enough of a population are immunized to be able to effectively stop a disease spreading. The estimated threshold is now 80%.
Such data ensure doctors remain concerned.
"...the virus won't stop. It is evolving, it's its nature. But our nature is to survive," said Dr Gadi Segal, head of the coronavirus ward at Sheba Medical Centre near Tel Aviv.
Writing by Maayan Lubell; Editing by Jeffrey Heller and Timothy Heritage
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Russia's Nord Stream 2 gas pipeline to be completed in August – project coordinator www.rt.com

The construction of the Nord Stream 2 pipeline, which will transport natural gas from Russia to Germany through the Baltic Sea, will be completed in August, the company in charge of the project announced on Monday.
“We believe that construction will be completed at the end of August. We are now 98% complete... Our goal is to put the pipeline into operation this year,” Nord Stream II AG executive director Matthias Warnig said in an interview with the Handelsblatt newspaper.
He stated that after its completion, the underwater pipeline linking Siberia’s gas fields to Western Europe will need three more months before it can start operating to obtain the necessary certificates and to conduct pre-launch tests. The first section of the pipeline was completed last month.
The construction has been delayed due to repeated US threats of sanctions against companies involved in the project. According to Warnig, US sanctions have delayed the project by a year and a half at the cost of millions of dollars. Washington claims the Russian pipeline poses a “grave threat” to Europe’s energy security and American national security. The US government under former president Donald Trump made it clear that Europe should buy more American gas instead of relying on Russian energy exports.
Washington also says it is concerned that Ukraine could lose out on $3 billion a year in gas transit fees that Moscow currently pays as part of a deal to keep using a network of Soviet-built pipelines running through the country to transport its gas into Europe.
Russia has repeatedly denied that it intends to stop using Ukraine to transport gas after the current transit deal expires in 2024. In his interview, Warnig also said the transit of gas through Ukraine will continue even after the current deal expires.
The current US administration – reluctantly – dropped many of its previously imposed sanctions earlier this year, after Germany insisted that it sees Nord Stream 2 as a positive development. President Joe Biden said that he had taken office too late to stop the construction of the pipeline and that it would be “counterproductive” to sanction allies given that the project was close to completion.
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Racist abuse directed at England players after Euro 2020 final defeat is described as 'unforgivable' by manager Gareth Southgate www.cnn.com

(CNN)The online racial abuse of some England players following Sunday's Euro 2020 final defeat by Italy has been described by the team's manager Gareth Southgate as "unforgivable" and "just not what we stand for."
Marcus Rashford, Jadon Sancho and Bukayo Saka were targeted on social media after they missed penalties in the 3-2 shootout defeat at Wembley Stadium.
"For some of them to be abused is unforgivable," said Southgate, who was speaking at a virtual press conference on Monday. "Some of it has come from abroad, we have been told this, but some of it is from this country.
"We have been a beacon of light to bring people together and the national team stands for everybody. We felt the energy and positivity from the fans and I'm incredibly proud of that," Southgate added.
Before and during the Euro 2020 tournament, the England players have knelt before each of their matches in a display of unity in the fight against racism and inequality.
That was an act that caused anger among sections of the England fanbase, with some supporters choosing to boo as the players knelt.
London's Metropolitan Police said it was investigating the "unacceptable" social media comments on both Instagram and Twitter, while UK Prime Minister Boris Johnson also condemned the racist abuse.
England's Jadon Sancho and Marcus Rashford get ready to come onto the pitch during the Euro 2020 final between England and Italy.
England's Jadon Sancho and Marcus Rashford get ready to come onto the pitch during the Euro 2020 final between England and Italy.
"This England team deserve to be lauded as heroes, not racially abused on social media," Johnson said on Twitter.
"Those responsible for this appalling abuse should be ashamed of themselves."
In recent weeks, Johnson -- along with other lawmakers in his government such as Home Secretary Priti Patel -- have been specifically asked to condemn the England fans who have booed players taking the knee before kick-off but failed to do so.
Gary Neville, former England international, criticized Johnson for not condemning those who booed the players in their battle for equality when he had the chance.
"Gareth Southgate and the players a few weeks ago, about five days on the trot told us that they were taking the knee to promote equality and it was against racism," Neville told Sky News.
"The Prime Minister said it was ok for the population of this country to boo those players who are trying to promote equality and defend against racism.
"It starts at the very top."
"The fact of the matter is, there is an issue obviously in football, there is an issue in society where we feel it's acceptable basically to criticize players for sporting actions because of the color of their skin," added Neville.
Ahead of Euro 2020, Southgate penned an open letter to the country, outlining why he thought it was important for players to continue using their voice for good.
"This is a special group. Humble, proud and liberated in being their true selves," wrote Southgate in the Players Tribune.
Prince William said he was "sickened" by the discriminatory abuse while the Football Association in England said in a statement it was "appalled."
The English national team's Twitter account tweeted its support for the players on Monday.
"We're disgusted that some of our squad -- who have given everything for the shirt this summer -- have been subjected to discriminatory abuse online after tonight's game. We stand with our players."
READ: Argentina beat Brazil 1-0 to win Copa America
England players comfort teammate Saka after he missed a penalty during a penalty shootout after extra time against Italy.
England players comfort teammate Saka after he missed a penalty during a penalty shootout after extra time against Italy.
'Social media companies must take immediate action'
Football players receiving abuse on social media is commonplace.
Savills, a real estate service provider in the UK, tweeted on Monday that it is "committed to eliminating discrimination and encouraging diversity amongst our workforce" after one of its employees appeared to be one of those abusing the England players on Twitter.
"A full investigation will be carried out in regards to this unacceptable incident," it said.
"Savills abhors and has zero tolerance to any form of racism and racial discrimination and is appalled by the racist comments in these tweets. Savills is immediately investigating and will take appropriate action."
Rashford has continuously highlighted the racist abuse he's been the target of over the last few years.
In the hours after England's defeat by Italy, a mural honoring Rashford was vandalized with graffiti in Manchester, United Kingdom.
The artwork commemorated the Manchester United player's work to tackle child food poverty.
The online abuse has led to calls for social media companies to do more to police their platforms.
Earlier this year, former Arsenal forward Thierry Henry deleted his social media accounts following a spate of online racist abuse aimed at Black footballers and what he said was the inability of social media companies to hold users accountable for their actions. A few weeks after Henry had closed his accounts, English football clubs and governing bodies took part in a three-day social media blackout to protest against abuse.
The Mayor of London, Sadiq Khan, called the racist abuse "abhorrent," and called on social media companies to take immediate action to "prevent this hate."
"Racist abuse of any kind is abhorrent and will not be tolerated on or off the pitch," tweeted Khan.
"MetPoliceUK (The Metropolitan Police) will investigate the appalling online abuse aimed at England players. Social media companies must take immediate action to remove and prevent this hate."
The chair for the Digital, Culture, Media and Sport Committee, Julian Knight echoed Khan's sentiment.
"Social media companies once alerted to this abuse have an acute responsibility to immediately take it down," Knight said.
"The Government needs to get on with legislating the tech giants. Enough of the foot dragging, all those who suffer at the hand of racists, not just England players, deserve better protections now."
Facebook, which owns Instagram, said in a statement sent to CNN that it was "committed to keeping our community safe from abuse."
"No one should have to experience racist abuse anywhere, and we don't want it on Instagram," a Facebook Company spokesperson said.
"We quickly removed comments and accounts directing abuse at England's footballers last night and we'll continue to take action against those that break our rules. In addition to our work to remove this content, we encourage all players to turn on Hidden Words, a tool which means no one has to see abuse in their comments or DMs. No one thing will fix this challenge overnight, but we're committed to keeping our community safe from abuse."
Italy's goalkeeper Gianluigi Donnarumma saves Sancho's penalty during the penalty shoot out during the Euro 2020 final.
Italy's goalkeeper Gianluigi Donnarumma saves Sancho's penalty during the penalty shoot out during the Euro 2020 final.
In a statement sent to CNN, Twitter said it removed over 1000 tweets in the past 24 hours for "violating our rules."
Visit CNN.com/sport for more news, features, and videos
"The abhorrent racist abuse directed at England players last night has absolutely no place on Twitter," a Twitter spokesperson said.
"In the past 24 hours, through a combination of machine learning based automation and human review, we have swiftly removed over 1000 Tweets and permanently suspended a number of accounts for violating our rules -- the vast majority of which we detected ourselves proactively using technology. We will continue to take action when we identify any Tweets or accounts that violate our policies.
"We have proactively engaged and continue to collaborate with our partners across the football community to identify ways to tackle this issue collectively and will continue to play our part in curbing this unacceptable behaviour -- both online and offline."
Aleks Klosok contributed to this report.
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Mongolia records 1,496 new COVID-19 cases www.xinhuanet.com

July 12 (Xinhua) -- Mongolia reported 1,496 new locally transmitted COVID-19 cases in the past 24 hours, bringing the national tally to 139,284, the country's health ministry said Monday.
A total of five more COVID-19 related deaths and 3,858 recoveries were reported in the past day, bringing the respective national tallies to 689 and 107,524, according to the ministry.
The ministry said 55.2 percent of the country's population have been fully vaccinated against COVID-19.
Mongolia launched a nationwide vaccination campaign in late February, with the aim of vaccinating at least 60 percent of its population.
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