1 MONGOLIAN PRIME MINISTER STEPS DOWN AFTER FOUR MONTHS WWW.REUTERS.COM PUBLISHED:2025/10/17      2 MONGOLIA’S RATING UPGRADED TO B1 BY MOODY’S ON STABLE GROWTH WWW.INVESTING.COM PUBLISHED:2025/10/17      3 QATAR AND MONGOLIA TALK ENVIRONMENTAL CO-OPERATION AHEAD OF UN DESERTIFICATION SUMMIT WWW.GULF-TIMES.COM PUBLISHED:2025/10/17      4 MAYOR OF ULAANBAATAR AUTHORIZED TO CONCLUDE PARTNERSHIP AGREEMENT FOR CHP-5 PROJECT WWW.MONTSAME.MN PUBLISHED:2025/10/17      5 WITH PRESIDENTIAL VISIT, MONGOLIA AND INDIA ENVISAGE STRONGER ECONOMIC LINKS WWW.THEDIPLOMAT.COM PUBLISHED:2025/10/17      6 THE DEBATE AROUND GOVERNMENT RESOLUTION NO.55: WHY IT MATTERS FOR MONGOLIA’S ECONOMIC STABILITY WWW.ARCTUSANALYTICS.COM PUBLISHED:2025/10/17      7 MONGOLIA URGES INDIAN COMPANIES TO EXPLORE INVESTMENT OPPORTUNITIES IN MINING AND OIL EXPLORATION WWW.CHEMINDIGEST.COM PUBLISHED:2025/10/16      8 US JUDGE SET TO APPROVE RIO TINTO'S $138.75 MILLION MONGOLIA MINE SETTLEMENT WWW.REUTERS.COM PUBLISHED:2025/10/16      9 AI ADDED TO 2026-2030 DEVELOPMENT PLAN WWW.UBPOST.MN PUBLISHED:2025/10/16      10 ANOTHER ‘SCAM’ CALLED NEW COOPERATIVE 2 WWW.UBPOST.MN PUBLISHED:2025/10/16      МОНГОЛ УЛСЫН ЗЭЭЛЖИХ ЗЭРЭГЛЭЛ ШАТ АХИЖ “B1, ТОГТВОРТОЙ" БОЛСНЫГ МҮҮДИЗ ЗАРЛАЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/17     ГАДААДЫН 23.8 МЯНГАН ИРГЭН МОНГОЛД ХӨДӨЛМӨР ЭРХЭЛЖ БАЙНА WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/17     ХОТ БАЙГУУЛАЛТЫН КАДАСТРЫН ЦАХИМ СИСТЕМИЙГ ШИНЭЧИЛЖ, ХЭРЭГЛЭЭНД НЭВТРҮҮЛЭХЭЭР БЭЛТГЭЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/17     УИХ-ЫН ДАРГА Д.АМАРБАЯСГАЛАНГИЙН ҮҮРЭГТ АЖЛААСАА ЧӨЛӨӨЛӨГДӨХ ХҮСЭЛТИЙГ ДЭМЖЛЭЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/16     800 АЙЛЫН "НОГООН ОРОН СУУЦ" ТӨСЛИЙН МЕТР.КВ-ЫН ҮНИЙГ БАТАЛЛАА WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/16     ДЦС-5 ТӨСЛИЙН ТҮНШЛЭЛИЙН ГЭРЭЭ БАЙГУУЛАХ ЭРХИЙГ НИТХ-ААР БАТЛУУЛЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/16     "МОНГОЛ ШУУДАН" ХК TAOBAO ПЛАТФОРМООС ЗАХИАЛСАН БАРААГ АЛБАН ЁСООР ХҮРГЭЖ ЭХЭЛЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/16     ЕРӨНХИЙ БОЛОВСРОЛЫН ЦАХИМ СУРГУУЛЬ БАЙГУУЛЛАА WWW.GOGO.MN НИЙТЭЛСЭН:2025/10/16     “ШИНЭ ТОЙРОГ ЗАМ” ТӨСЛИЙН ЭХНИЙ ШАТ ХЭРЭГЖСЭНЭЭР ХОТЫН ТҮГЖРЭЛ 20 ХУВИАР БУУРНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/16     ХАГАС КОКСОН ШАХМАЛ ТҮЛШНИЙ БОРЛУУЛАЛТ ЭХЭЛСЭН Ч ХҮРЭЛЦЭЭ МУУ БАЙНА WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/16    

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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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Construction Development Center and Incheon Free Economic Zone Authority sign MoU www.montsame.mn

Under the ‘Vision-2050’ long-term development policy of Mongolia adopted by the 2020 Resolution No. 52 of the State Great Khural, the Government’s action program for 2020-2024, and the Cabinet’s December 15, 2021 resolution regarding the plan to develop a new free zone in Khushig Valley, a Memorandum of Understanding was established between the ‘Construction Development Center’ state-owned enterprise and the Incheon Free Economic Zone Authority of the Republic of Korea on December 21.
The MoU was signed by Director of ‘Construction Development Center’ Ts.Amarsanaa and Incheon Free Economic Zone Authority’s Commissioner Lee Won-jae.
The sides will cooperate in developing general development plan, feasibility study and engineering and infrastructure plans for the free economic zone, intensifying cooperation, setting up a joint expert team, exchanging knowledge and experience by conducting studies, and upskilling employees as part of the development of a satellite city in Khushig valley.
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Minmetals confirms China rare earths merger, creating new giant www.reuters.com

China Minmetals Rare Earth Co said on Wednesday it would merge with two of China’s other top rare earth producers into a new company under the state assets regulator, creating a global force in the strategic industry.
China is the world’s dominant producer of rare earths, a group of 17 minerals used in consumer electronics and military equipment. Moves to consolidate China’s “Big Six” state-run rare earth companies have been seen as a way to boost influence over pricing.
China’s control of 85-90% of the rare earths processing sector means an uneasy reliance on Chinese supply for the United States, especially at times of high trade tensions.
Minmetals Rare Earth, which had flagged in September that talks about such a restructuring were underway, said in a filing its parent had been notified by the State-owned Assets Supervision and Administration Commission (Sasac) that the merger had been approved.
Under the merger, the equity of Minmetals Rare Earth, Chinalco Rare Earth & Metals Co and China Southern Rare Earth Group Co will transfer into a new company, which was not named.
CRU Group consultant Daan de Jonge said the combined entity would be second only to China Northern Rare Earth Group in terms of overall rare earths output and account for around 70% of China’s heavy rare earths production, based on quotas for the first half of 2021.
“This will mean that the pricing power of key rare earths, such as dysprosium and terbium, will be in the hands of one ‘super group’,” he said.
Dysprosium and terbium are key inputs for rare earth magnets, used in everything from electric vehicles to wind turbines.
Prices for both are up around 50% in 2021, striking multi-year highs as demand recovers from a pandemic-driven dip, while power curbs on Chinese industry and disruption to ore supply from Myanmar have constrained production.
Jiangxi Ganzhou Rare Metal Exchange Co, a fledgling bourse for spot transactions, and Ganzhou Zhonglan Rare Earth New Material Technology Co will also be folded into the new entity.
Ganzhou, a city in southern China’s Jiangxi province, is home to Minmetals Rare Earth and China Southern Rare Earth Group. It is a hub for heavy rare earth smelting and separation – or processing into a form that can be used by manufacturers.
Outside China, most investment in separation is in the United States, Australia and Britain, but the majority is focused on light rare earths, de Jonge said. That means heavy rare earths would still need to be separated in China, he noted.
(By Tom Daly and Ella Cao; Editing by Andrew Heavens, Kirsten Donovan and Jane Merriman)
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COVID-19: 191 new cases reported www.montsame.mn

The Ministry of Health reported today that 191 new cases of COVID-19 have been reported in the past 24 hours. Specifically, 97 cases were confirmed in Ulaanbaatar city, with 87 cases in rural regions and seven imported cases.
In addition, one COVID-19 related death has been reported, raising the country’s death toll to 1,978. Of the 2,076 patients currently undergoing treatment at hospitals, there are 758 patients in mild, 1,017 in serious, 267 in critical, and 34 in very critical conditions.
As of today, the coverage of 1st dose is 69.6 percent (2,265,155) and 2nd dose – 66.4 percent (2,161,678) of the total population. Moreover, 876,936 people (27.0 percent) have received 3rd dose or a booster shot of COVID-19 vaccines nationwide.
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Buyant-Ukhaa to be used as backup airport and business hub www.montsame.mn

With the opening of the Chinggis Khaan International Airport in the Khushig Valley, the Cabinet has decided to use the Buyant-Ukhaa Airport for civil aviation. Specifically, the airport will be used as a backup facility, reports Civil Aviation Authority of Mongolia. The annual cost is estimated to be MNT 9.8 billion.
“The cost can be recouped by putting the airport into economic circulation, and turning it into a business hub. We have received to cooperation proposals from numerous organizations which operate in the field of training, business, banking and finance. We plan to cooperate with international financial institutions as part of our 'Attractive Airport' policy,” said Chief of Civil Aviation Authority of Mongolia (MCAA) S.Munkhnasan during the meeting with the staff of the Aviation Information Service and the Buyant-Ukhaa Airport.
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Russian airline makes 1st flight with ‘green’ fuel www.rt.com

Russia’s S7 Airlines has successfully carried out the country’s first flight on sustainable aviation fuel (SAF).
The A320neo – which flew from the Airbus plant in Toulouse, France to Moscow – was fueled entirely by a mixture of SAF, consisting of organic compounds and classic aviation fuel. The fuel used for the flight had 10% of biofuel in it, but “even this amount reduced CO2 emissions on this flight by 7%,” or 1.7 tons, the airline said in a statement.
According to S7, the total use of SAF in the world currently stands at 0.03%. The airline carrier recently announced plans to achieve carbon neutrality by 2050.
Meanwhile, last week, several Russian airlines, including Aeroflot, announced the creation of the Eurasian SAF Alliance, which aims to start operating SAF-fueled flights in Russia on a regular basis no later than 2024.
“This is an opportunity for us to demonstrate that such flights are real and that they are the future of sustainable air transportation,” said S7 CEO Tatiana Fileva, adding that it is now up to the fuel sector to organize sufficient SAF production in the medium term.
The head of Airbus in Russia, Julien Franyatt, noted that Airbus planes are currently certified to fly on 50% of the SAF mixture, but the company plans to increase this figure to 100% by the end of the decade. Airbus has already delivered more than 75 planes using SAF, and a number of airlines around the world are already using the fuel for commercial flights. Most recently, US-based United Airlines operated the first-ever passenger flight using 100% SAF on one of its plane’s two engines on December 3.
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Mongolia bans public celebration of White Moon festival due to pandemic www.xinhuanet.com

Dec. 22 (Xinhua) -- Mongolia on Wednesday banned public celebrations of the traditional White Moon festival or the Lunar New Year due to the COVID-19 pandemic.
"The government has decided not to widely celebrate the upcoming White Moon due to the pandemic," the government's press office said in a statement.
Mongolians will be allowed to celebrate the holiday with their family members, it said.
The White Moon, one of the most celebrated and important holidays in Mongolia, symbolizes the start of spring and end of winter.
As of Wednesday, Mongolia has registered a total number of 388,872 COVID-19 infections, with 1,977 related deaths.
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Ivanhoe’s Kamoa exceeds annual copper guidance, with over 100,000t YTD www.mining.com

Ivanhoe Mines (TSX: IVN) announced on Wednesday that its Kamoa-Kakula joint venture in the Democratic Republic of Congo (DRC) has exceeded the upper end of its annual copper production guidance, with more than 100,000 tonnes of copper concentrate produced year-to-date, as of December 22.
The production figure is reported on a 100%-project basis. Ivanhoe has a 39.6% interest in the Kamoa JV and is the project operator. Zijin Mining Group (39.6%), Crystal River Global (0.8%) and the DRC government (20%) are its other stakeholders.
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Kamoa-Kakula first began producing copper concentrates from the Phase 1, 3.8mtpa capacity concentrator plant in May 2021. It subsequently reached commercial production on July 1, and is expected to produce 200,000 tonnes of copper per year.
Construction of the Phase 2 concentrator, which would be a “carbon copy” of the Phase 1 plant and double the annual production, is currently underway and is about 70% complete, according to Ivanhoe’s latest update.
Ivanhoe’s production guidance for 2021 was set at 92,500-100,000 tonnes, which was originally projected to be 80,000-95,000 tonnes. The annual production guidance was also previously increased in November, reflecting the successful completion of ramp-up of the Phase 1 concentrator.
“Kamoa Copper’s performance marks an excellent end to what has truly been a banner year for Ivanhoe Mines,” Ivanhoe’s founder and executive co-chair Robert Friedland said in a news release.
“We would like to extend heartfelt congratulations to the team at Kamoa-Kakula, who consistently exceeded expectations during the construction and development of the world’s newest world-scale copper mine, and have continued that outperformance as we have moved through ramp-up and into full production,” Friedland added.
Friedland also said the Phase 2 expansion remains “significantly ahead of schedule,” and the company is on its way to doubling annual copper production to approximately 400,000 tonnes starting early in Q2 2022.
So far in December, Ivanhoe has seen feed grades in excess of 6% copper, and recoveries have also been exceeding its design recovery of 86%, which, according to Friedland, bodes well for the company’s ability to efficiently ramp-up future expansions at Kamoa-Kakula.
The Ivanhoe management team now envisions the Phase 3 concentrator to enter production by the end of 2024.
Through planned phased expansions, the Kamoa-Kakula underground operation is positioned to become one of the largest copper producers in the world, with peak annual copper production of more than 800,000 tonnes.
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Boeing & Airbus urge delay of 5G www.rt.com

The world’s two largest planemakers, Boeing and Airbus, have called on the US government to delay the rollout of new 5G cell services next month, citing an “enormous negative impact on the aviation industry.”
In a joint letter to US Transportation Secretary Pete Buttigieg, the bosses of the two companies warned that “5G interference could adversely affect the ability of aircraft to safely operate.”
The letter cited research by trade group Airlines for America, which found that if the Federal Aviation Administration’s (FAA) 5G rules had been in effect in 2019, about 345,000 passenger flights and 5,400 cargo flights would have faced delays, diversions or cancellations.
According to a new rule, announced by the FAA earlier this month, pilots are forbidden from using auto-landing and other certain flight systems at low altitudes where 5G wireless signals could interfere with onboard instruments that measure a plane’s distance to the ground.
The new rule comes as US telecom giants AT&T and Verizon are due to deploy 5G services on January 5.
Last week, United Airlines CEO Scott Kirby said that the FAA’s 5G directives would bar the use of radio altitude meters at about 40 of America’s biggest airports.
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Mongolia records 328 new COVID-19 cases www.xinhuanet.com

Dec. 22 (Xinhua) -- Mongolia's Health Ministry on Wednesday confirmed 328 new COVID-19 cases over the past 24 hours, bringing the national tally to 388,872.
Among the latest confirmed cases, 125 were imported from abroad, and most of them are peacekeepers who have recently returned home from South Sudan, the ministry said.
Meanwhile, three more COVID-19 patients died in the past day, pushing the national death toll to 1,977.
So far, around 66 percent of Mongolia's population of 3.4 million have received two COVID-19 vaccine doses, while 870,175 people have had a booster.
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Petro Matad plans Mongolian oil in 2022 www.pemedianetwork.com

Production from the Heron field could peak at 9,000bl/d and feed both exports and the domestic market
AIM-listed independent Petro Matad expects to produce first oil from its Heron-1 well in Mongolia in mid-2022, the firm’s CEO Mike Buck says. The Heron field’s initial output is forecast to be just c.500bl/d. But production is expected to rise to around 6,000bl/d by 2024—roughly when a government refinery is expected to enter service—and to later peak at potentially 9,000bl/d. Covid-19 and the resulting strict Chinese border restrictions made it hard to operate in 2020-21, Buck says, but Petro Matad is now in advanced discussions with service providers to bring Heron-1 into production. The contractors are confident they can fit in the necessary work, despite a backlog of drilling and others..
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