1 DEPUTY PRIME MINISTER S.AMARSAIKHAN DISMISSED FOR VIOLATING ACCOUNTABILITY AGREEMENT WWW.GOGO.MN PUBLISHED:2025/10/29      2 STATE EMERGENCY COMMISSION ORDERS READINESS AMID FUEL-SHORTAGE RISKS WWW.GOGO.MN PUBLISHED:2025/10/29      3 WORLD BANK TO ASSIST MONGOLIA IN COP17 PREPARATIONS WWW.MONTSAME.MN PUBLISHED:2025/10/29      4 CRIMINAL INVESTIGATION LAUNCHED AGAINST MP D.AMARBAYASGALAN WWW.GOGO.MN PUBLISHED:2025/10/28      5 MONGOLIA AND GERMANY TO HOLD NEGOTIATIONS ON DEVELOPMENT COOPERATION WWW.MONTSAME.MN PUBLISHED:2025/10/28      6 MONGOLIAN HEALTH WORKERS BEGIN STRIKE AFTER EIGHT DAYS OF PROTEST WWW.ASIANEWS.NETWORK PUBLISHED:2025/10/28      7 STEPPE FIRE DESTROYS 800 HECTARES OF LAND IN EASTERN MONGOLIA WWW.XINHUANET.COM PUBLISHED:2025/10/28      8 MONGOLIA’S CORRUPTION PROBE AT OYU TOLGOI MINING OPERATIONS UNFOLDS WWW.DISCOVERYALERT.COM.AU PUBLISHED:2025/10/28      9 RIO TINTO AND SPIC QIYUAN BEGIN BATTERY-SWAP TRUCK TRIAL IN MONGOLIA WWW.MINING-TECHNOLOGY.COM PUBLISHED:2025/10/28      10 THE EUROPEAN UNION - MONGOLIA BUSINESS AND INVESTMENT FORUM LAUNCHES A NEW ERA OF ECONOMIC PARTNERSHIP WWW.EEAS.EUROPA.EU PUBLISHED:2025/10/28      "С.АМАРСАЙХАН ХАРИУЦЛАГЫН ГЭРЭЭ ЗӨРЧСӨН ТУЛ ЕРӨНХИЙ САЙД Г.ЗАНДАНШАТАР АЛБАН ТУШААЛААС НЬ ОГЦРУУЛСАН" WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/29     ЗГ: ГЭР БҮЛИЙН ТУХАЙ ХУУЛИЙН ШИНЭЧИЛСЭН НАЙРУУЛГЫГ ХЭЛЭЛЦЭНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/29     ҮСХ: ДИЗЕЛИЙН ТҮЛШ ЛИТР ТУТАМДАА 74 ТӨГРӨГӨӨР ӨСӨЖ ₮3014 БОЛОВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/29     ЭНЭ ОНЫ ЭХНИЙ 10 САРД 14,785 ХҮҮХЭД ХҮЧИРХИЙЛЭЛД ӨРТЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/29     РИО ТИНТО ГРУПП ОЮУТОЛГОЙ ХХК-Д АВЛИГЫН ЭСРЭГ ШАЛГАЛТ ЭХЛҮҮЛЭВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/28     УОК: ЭРСДЭЛД БЭЛЭН БАЙХЫГ ҮҮРЭГ БОЛГОВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/28     ЛАГ ШАТААХ ҮЙЛДВЭР ТӨСЛИЙГ ТӨР, ХУВИЙН ХЭВШЛИЙН ТҮНШЛЭЛЭЭР ХЭРЭГЖҮҮЛНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/28     УЛААНБААТАР-СИНГАПУРЫН ЧИГЛЭЛД ШУУД НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/10/28     ЗАЙСАНГИЙН ГҮҮРИЙГ 54 ЖИЛИЙН ДАРАА БҮРЭН ШИНЭЧИЛЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/28     ЦЕГ-ЫН ДАРГААР Ж.БОЛДЫГ ТОМИЛЛОО WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/28    

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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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EBRD and EU support better waste management in Ulaanbaatar www.montsame.mn

Across Mongolia, the connection of people to their environment is a very special one, deeply rooted in the local culture.
But the environment has been facing some difficult challenges in recent years, mostly because of the rapid development of the capital city, Ulaanbaatar.
These challenges are partly due to the general trend of urbanisation, as in many developing and transition countries. However, there are also some unique factors at play in the city, such as its location in a valley and coal-fired heating across its ger districts.
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are working together to address one of these environmental challenges: waste. Only one out of three landfills in Ulaanbaatar is currently sanitary, so there is an urgent need for change. This is why the Bank has invested USD 9.7 million, supported by more than EUR4.9 million in EU grants, to expand the city’s capacity and modernise the way it manages its waste.
Mrs Tsolmonsaikhan, who lives in the Biokombinat area, where the landfill is located, stresses that such improvements are much needed. She has three children – aged 2, 3 and 13 – but does not allow them to play outside. She worries that they will find something to play with that is dangerous or bad for their health.
“In the spring, the waste flies away from the landfill. When I want to take my kids up the mountain, it is full of it. It is not a proper environment for the kids to grow up and play in.”
The investment will help the city to add much-needed capacity to the existing landfill Moringiin Davaa and turn it into a sanitary one in line with EU standards. At the same time, a new plant will recycle construction and demolition waste. This will reduce the use of building material and release capacity on the landfill through lower waste volumes.
Mrs Uugantsetseg also lives close to the landfill and has high hopes for the improvements.
“We hope that it will help to prevent air pollution. When the waste is burned, it creates a lot of smoke and the environment becomes very bad,” she says. “The environment is naturally important for me. You are healthy when you are surrounded by clean air.”
“The air quality in this area has traditionally been better than in Ulaanbaatar city centre, although the issue has become increasingly challenging at times. Soil has become loose from digging, and passing trucks, heading for the landfill, cause a lot of road dust,” she adds.
The preparation works for construction are under way. The problem of dusty access roads is among those that will be solved in the near future. Recycled construction waste will be used to repave access roads to the landfill. Furthermore, a road sprinkler and water tank will be purchased as part of the project, which will help to control and minimise dust for residents living close by.
The works to build the landfill and construction recycling plant are due to start this year and are expected to be completed in 2023.
A more modern waste infrastructure will bring about significant benefits in environmental protection and public health, and will contribute to offering local citizens a better quality of life for the years to come. The improvements are expected to reduce CO2 emissions by 18,000 tonnes and save around 100,000 tonnes of material each year. This is equivalent to taking 3,800 passenger cars off the road.
These improvements will turn Ulaanbaatar into a greener city. Ulaanbaatar is part of the EBRD Green Cities Programme, which foresees various investments in Mongolia’s capital. These will lead to significant and tangible improvements for Ulaanbaatar’s citizens, while protecting the environment in the long run.
Source: EBRD in Mongolia
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Central bank decides to maintain policy rate at 6 percent www.montsame.mn

The Monetary Policy Committee (MPC) of the Bank of Mongolia held a scheduled meeting on September 16, 2021. With due consideration to the current state of the economy and financial markets, as well as to future outlook and risks inherent in domestic and foreign environments, the MPC decided to:
1. Keep the policy rate at 6 percent;
2. Increase the amount of long-term repo financing instrument by up to MNT 100 billion in the fourth quarter of this year.
Annual headline inflation stands at 8.9 percent nationwide and 9.1 percent in Ulaanbaatar city as of August 2021. Inflation is rising due to the economic recovery, but most of it is due to the base effects and temporary supply-related factors. As a result of latter, the headline inflation is expected to temporarily increase, however, it will stabilize around the central bank’s target level in 2022. However, due to the global economic recovery, international supply chains and logistics disruptions, there is a risk that external inflation and world food and fuel prices will exceed expectations, and that supply-side inflation in the domestic market will increase.
Global economic growth has accelerated and the prices of most exports have remained high, but the positive effects have been less than expected. The spread of new variants of the coronavirus around the world, reducing the effectiveness of vaccinations and increasing caution, are creating uncertainty caused by the pandemic in the external and internal economic environment.
In times of pandemic, the central bank's monetary and macroeconomic policies and fiscal stimulus measures are supporting economic recovery and financial sector stability.
The current monetary policy stance is in line with the inflation target of the central bank. The policy adjustments aiming to maintain inflation under its target range shall be taken place inconsistent with the economic recovery and outlook.
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Iron ore price collapses below $100 as China extends environment curbs www.mining.com

The iron ore price sank below $100 a tonne on Friday for the first time since July 2020, as China’s moves to clean up its heavy-polluting industrial sector spurred a swift and brutal collapse.
The Ministry of Ecology and Environment said in a draft guideline on Thursday that it planned to involve 64 regions under key monitoring during winter air pollution campaign.
The regulator said steel mills in those regions would be urged to cut production based on their emission levels during the campaign from October until the end of March.
“Stringent production controls have driven market prices lower recently, and pessimistic outlook for demand have intensified,” analysts with SinoSteel Futures wrote in a note.
Prices have more than halved since peaking in May as the world’s biggest steelmaker intensifies production curbs to meet a target for lower volumes this year, and a sharp downturn in China’s property sector impacts demand.
Iron ore’s slump makes it one of the worst-performing major commodities and a notable outlier in a broader boom that’s seen aluminum soar to a 13-year high, gas prices jump and coal futures surge to unprecedented levels.
Iron ore futures have slumped more than 20% this week and were trading at $99.55 a tonne Friday morning in New York.
The decline “has played out faster than expected,”, said UBS Group AG. UBS predicts prices will average $89 next year, a 12% cut to its previous forecast.
Iron ore producers Rio Tinto Group, BHP Group, Vale SA and Fortescue Metals Group Ltd. have seen their shares tumble.
Meanwhile, steel prices are still elevated. The market remains tight of supplies as China’s production cuts significantly outpace declining demand, according to Citigroup Inc.
Spot rebar is near the highest since May, albeit 12% below that month’s high, and nationwide inventories have shrunk for eight weeks.
China has repeatedly urged steel mills to reduce output this year to curb carbon emissions. Now, winter curbs are looming to ensure blue skies for the Winter Olympics.
(With files from Reuters and Bloomberg)
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Mongolia adds 3,234 new COVID-19 cases www.xinhuanet.com

Sept. 16 (Xinhua) -- Mongolia on Thursday confirmed 3,234 new COVID-19 cases in the last 24 hours, taking the national tally to 266,680, its health ministry said.
Meanwhile, eight deaths were reported, taking the nationwide death toll to 1,074.
The Asian country launched a national COVID-19 vaccination campaign in late February, aiming to cover at least 60 percent of its population. So far, more than 65 percent of its population have received two doses.
The health ministry is urging the public to receive booster or third doses of the vaccine as the highly contagious Delta variant of the virus is spreading fast across the country.
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President grants credentials to newly appointed ambassadors www.montsame.mn

September 15, President U.Khurelsukh presented the Letters of Credence to the newly appointed ambassadors of Mongolia to the Republic of Belarus, Federal Republic of Germany, Kazakhstan, and the Republic of Turkey.
At the event, President U. Khurelsukh requested the ambassadors to work in a disciplined and orderly manner for raising the reputation of the country and respecting the national interest of Mongolia.
The President also instructed the ambassadors to put more efforts into protecting the interest of Mongolian nationals, especially preventing them from being involved in crime, inheriting and disseminating the Mongolian language, history, culture, and traditions, promoting Mongolia in the country they stationed, as well as attracting investment.
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Mongolia demands ‘more transparency, more visibility’ from Rio Tinto www.afr.com

London | The Mongolian government has demanded “more transparency, more visibility” from Rio Tinto over the Oyu Tolgoi copper mine, following an independent review that last month blamed management failures for missed deadlines and cost blowouts.
Mongolian ministers and officials are in London to discuss the mine with the British government, and are understood to be planning a visit to Canberra early next year, as they seek to put pressure on the dual-listed UK-Australian mining giant to come clean about the problems and resolve them.
The $US6.75 billion ($9.2 billion) mine is running almost two years behind schedule and is $US1.45 billion more expensive than its original $US5.3 billion budget, which Rio previously ascribed to more difficult than expected geology.
But an independent review, forced on Rio Tinto by minority shareholders and released last month, suggested that the primary issue was weak project management.
Deputy cabinet secretary Solongoo Bayarsaikhan, who is visiting London with deputy foreign minister Munkhjin Batsumber, said the review had reached “quite different conclusions compared to what Rio Tinto told us so far”.
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“Obviously we appreciate the complexity of the project, we think it’s quite an undertaking to build this huge project in Mongolia,” she said.
“We need to have very honest conversations with Rio Tinto about why there are delays, why there are certain issues, and why there are certain claims made about why there are delays.”
She said the government was “carefully reviewing” the independent report, and wanted “more transparency and more visibility over the project”.
The two sides needed to “create a stronger partnership based on mutual trust and mutual respect”.
The Mongolian government is trying to tread a fine line between holding Rio Tinto to account for the problems at the mine, without developing a reputation as a difficult government for foreign investors to deal with.
Ms Bayarsaikhan was careful to praise Rio Tinto’s presence in Mongolia, and said she hoped that “in the near future we will come to a mutually beneficial solution based on the best interests of the project”.
“It’s challenging but we will get there. We are very much focused on resolving the issues, rather than having positional fights and disagreements,” she said.
The Mongolians also have to move at a pace that allows other developments in the Oyu Tolgoi story to unfold.
Turquoise Hill Resources, which is 50.79 per cent owned by Rio Tinto and which owns 66 per cent of Oyu Tolgoi. The other one-third stake in the mine belongs to the Mongolian government. A judgment is that case could be imminent.
There is also the potential for regulatory investigation as to whether Rio Tinto made full and accurate disclosures to the market about problems at the mine.
These issues could affect the balance of negotiating strength between the company and government, and the amount of compensation that might be offered or demanded.
BY: Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
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Petro Matad posts loss; eyes Mongolia oil production in second half of 2022 www.stockmarketwire.com

Oil company Petro Matad posted a first-half loss as it continued to develop prospects in Mongolia.
Pre-tax losses for the six months through June amounted to $1.02 million, compared to year-on-year losses of $2.35 million.
Petro Matad had in July raised about $10 million to fund a development work programme designed to bring oil production on stream during the second half of 2022.
'Petro Matad plans to generate revenue from early production as soon as possible and is working to secure the necessary contracts that will allow this production to get to market,' it said.
'The ompany continues to manage its costs closely and will maintain a small, focused workforce retaining all of the operational capabilities and experience gained from many years of successful operations in Mongolia.'
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Administration of booster shot to be accelerated www.montsame.mn

At the Cabinet’s regular meeting on September 15, Minister of Health S.Enkhbold gave updates on the COVID-19 situation and ongoing response measures, emphasizing the necessity of monitoring businesses’ compliance with their responsibility agreements. As the number of infections grows, caseloads are increasing and hospitals are running out of bed, said the minister.
Prime Minister L.Oyun-Erdene ordered Minister S.Enkhbold and Governor of the capital city and Mayor of Ulaanbaatar D.Sumiyabazar to increase the hospital beds and to improve patient flow at hospitals.
In the past 24 hours, 10 people died from COVID-19. 20,702 COVID-19 patients are receiving treatment at 62 institutions in Ulaanbaatar and 21 aimags. Of the patients, 62.7 percent is in mild, 27.6 percent in moderate, 8.1 percent in severe, and 1.5 in critical condition. The Prime Minister gave instructions to take measures to prevent COVID-19 deaths.
Mongolia’s vaccination rate has reached 65 percent and 212 thousand people have received the third dose. The Prime Minister stressed the importance of giving increased focus to administering the booster dose to 60 percent of the target group by the end of the year and increasing the number of vaccination sites and gave an order to bar government organizations from organizing public events and conferences.
 
 
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China faces shortages as Mongolian coking coal delivery disrupted www.news.mn

China is seen falling short of 50 million tonnes of metallurgical coal in 2021 amid rising domestic coking output capacity, sources said 15 September.
In 2021, the country is seen retiring 28.92 million tonnes of old coking output capacity, and adding 58.575 million tonnes of new coking production capacity, which translates to a net 29.655 million tonnes increase in coking capacity this year, latest data by China Securities International, or CSI, showed.
China is expected to see a wide deficit for met coal supply in 2021, according to Shenzhen-based brokerage Guotai Junan Securities. This comes at a time when China is vigorously putting effort at dual control of energy consumption and energy intensity, capping production of its high energy consuming domestic steel sector.
The domestic met coal sector is finding it difficult to release back output capacity that are on hold due to environmental controls, while import restrictions play a role in propping up met coal prices.
On the import side, recent COVID-19 cases have often led to the shutdown of Ganqimaodu port in Inner Mongolia, which has restricted the inflow of Mongolian met coal imports. Since August, some coal truck drivers were tested positive for COVID-19 at Ganqimaodu, disrupting truck movements at customs clearance.
Ganqimaodu, a land border port, is the largest channel for importing coal from Mongolia. (S&P Global)
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245 schools closed in Mongolia after covid-19 cases detected www.news.mn

A total of 245 schools are being closed after covid-19 cases are detected as Mongolian Government decides to keep facilities open to in-person learning. The closures affect more than 43 thousand pupils who are now taking online classes from home.
Furthermore, over 31 thousand students and 2078 teachers are being quarantined after coming in contact with someone who was COVID-positive.
According to Ministry of Education and Science, over 90 percent of teachers and students above age 12 have vaccinated against covid-19.
Each child in Mongolia must attend school for 165-180 days. However, due to the pandemic, pupils received only classes for 80 days in 2020; this has resulted in 70-80 percent of students falling seriously behind. Furthermore, 174 thousand students failed to learn in online classes due to there being no internet, smartphones or televisions.
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