1 MONGOLIA MARKS CENTENNIAL WITH A NEW COURSE FOR CHANGE WWW.EASTASIAFORUM.ORG PUBLISHED:2024/12/20      2 E-MART OPENS FIFTH STORE IN ULAANBAATAR, MONGOLIA, TARGETING K-FOOD CRAZE WWW.BIZ.CHOSUN.COM PUBLISHED:2024/12/20      3 JAPAN AND MONGOLIA FORGE HISTORIC DEFENSE PACT UNDER THIRD NEIGHBOR STRATEGY WWW.ARMYRECOGNITION.COM  PUBLISHED:2024/12/20      4 CENTRAL BANK LOWERS ECONOMIC GROWTH FORECAST TO 5.2% WWW.UBPOST.MN PUBLISHED:2024/12/20      5 L. OYUN-ERDENE: EVERY CITIZEN WILL RECEIVE 350,000 MNT IN DIVIDENDS WWW.GOGO.MN PUBLISHED:2024/12/20      6 THE BILL TO ELIMINATE THE QUOTA FOR FOREIGN WORKERS IN MONGOLIA HAS BEEN SUBMITTED WWW.GOGO.MN PUBLISHED:2024/12/20      7 THE SECOND NATIONAL ONCOLOGY CENTER TO BE CONSTRUCTED IN ULAANBAATAR WWW.MONTSAME.MN PUBLISHED:2024/12/20      8 GREEN BOND ISSUED FOR WASTE RECYCLING WWW.MONTSAME.MN PUBLISHED:2024/12/19      9 BAGANUUR 50 MW BATTERY STORAGE POWER STATION SUPPLIES ENERGY TO CENTRAL SYSTEM WWW.MONTSAME.MN PUBLISHED:2024/12/19      10 THE PENSION AMOUNT INCREASED BY SIX PERCENT WWW.GOGO.MN PUBLISHED:2024/12/19      КОКС ХИМИЙН ҮЙЛДВЭРИЙН БҮТЭЭН БАЙГУУЛАЛТЫГ ИРЭХ ОНЫ ХОЁРДУГААР УЛИРАЛД ЭХЛҮҮЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     "ЭРДЭНЭС ТАВАНТОЛГОЙ” ХК-ИЙН ХУВЬЦАА ЭЗЭМШИГЧ ИРГЭН БҮРД 135 МЯНГАН ТӨГРӨГ ӨНӨӨДӨР ОЛГОНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2024/12/20     ХУРИМТЛАЛЫН САНГИЙН ОРЛОГО 2040 ОНД 38 ИХ НАЯДАД ХҮРЭХ ТӨСӨӨЛӨЛ ГАРСАН WWW.NEWS.MN НИЙТЭЛСЭН:2024/12/20     “ЭРДЭНЭС ОЮУ ТОЛГОЙ” ХХК-ИАС ХЭРЛЭН ТООНО ТӨСЛИЙГ ӨМНӨГОВЬ АЙМАГТ ТАНИЛЦУУЛЛАА WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     Л.ОЮУН-ЭРДЭНЭ: ХУРИМТЛАЛЫН САНГААС НЭГ ИРГЭНД 135 МЯНГАН ТӨГРӨГИЙН ХАДГАЛАМЖ ҮҮСЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/20     “ENTRÉE RESOURCES” 2 ЖИЛ ГАРУЙ ҮРГЭЛЖИЛСЭН АРБИТРЫН МАРГААНД ЯЛАЛТ БАЙГУУЛАВ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     “ORANO MINING”-ИЙН ГЭРЭЭ БОЛОН ГАШУУНСУХАЙТ-ГАНЦМОД БООМТЫН ТӨСЛИЙН АСУУДЛААР ЗАСГИЙН ГАЗАР ХУРАЛДАЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/20     АЖИЛЧДЫН САРЫН ГОЛЧ ЦАЛИН III УЛИРЛЫН БАЙДЛААР ₮2 САЯ ОРЧИМ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     PROGRESSIVE EQUITY RESEARCH: 2025 ОН “PETRO MATAD” КОМПАНИД ЭЭЛТЭЙ БАЙХААР БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2024/12/19     2026 ОНЫГ ДУУСТАЛ ГАДААД АЖИЛТНЫ ТОО, ХУВЬ ХЭМЖЭЭГ ХЯЗГААРЛАХГҮЙ БАЙХ ХУУЛИЙН ТӨСӨЛ ӨРГӨН МЭДҮҮЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2024/12/19    

Events

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

NEWS

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Belarusian BelAZ ships first bulldozer to Mongolia www.belarus.by

MINSK, 23 March (BelTA) – The Belarusian automobile engineering company BelAZ has shipped a bulldozer and several dust control sprinklers to Mongolia, the company’s press service told BelTA.

While Mongolian mining companies have known BelAZ haul trucks with the carrying capacity of 30-220 tonnes for quite some time, the BelAZ-78231 bulldozer was the first bulldozer the Belarusian company had shipped to Mongolia.

BelAZ has been shipping vehicles to Mongolia every year for the last five years in large batches. As many as 35 haul trucks were shipped to Mongolia in 2019 alone.

About 200 vehicles made by BelAZ are in use in Mongolia. United BelAZ Machinery Company is the local dealership that offers aftersales service and post-warranty service in Mongolia. The necessary amount of original components and spare parts are shipped upon customers’ orders in order to ensure uninterrupted operation.

Negotiations on shipping a batch of haul trucks with the carrying capacity of 55-220 tonnes to Mongolia are now in progress with mining companies and outsourcing companies.

BelAZ representatives said the company may ship about 40 haul trucks to Mongolia in 2020. Mongolian clients also demonstrate interest in BelAZ’s latest products such as diesel trolley trucks with the carrying capacity of 220 tonnes.

The public joint-stock company (OAO) BelAZ is the managing company of the holding company BelAZ. BelAZ is the world's leading manufacturer of haul trucks and transport equipment for mining industry and civil engineering industry. BelAZ accounts for some 30% of the world market of haul trucks with an extremely large carrying capacity. The company makes the world’s largest haul truck with the carrying capacity of 450 tonnes

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Virus control measures to hit Rio Tinto operations in South Africa, Canada www.reuters.com

Rio Tinto said on Tuesday operations at its mineral sands mine in South Africa will be halted and activity in Quebec, Canada will slow down due to government directives in both countries to stem the spread of the coronavirus.

The rapid spread of the coronavirus has caught many countries on the back foot, leading to a growing number of nations placing themselves on virtual lockdown.

The Anglo-Australian miner said production at its Richards Bay Minerals in South Africa will be halted on Thursday for 21 days, in line with a nationwide lockdown after the number of cases sharply rose.

It was too early to predict the impact of the disruption to operations on its production forecast for fiscal 2020, or when things will get back to normal, Rio said in a statement.

In Canada, Rio Tinto said it was working to comply with the Quebec government’s directive to reduce business activity after the province tightened restrictions, including ordering the closure of all non-essential businesses.

“We will continue to work with our employees, customers, communities and suppliers to minimise any impact of action being taken to reduce the spread of COVID-19,” Chief Executive Jean-Sébastien Jacques said.

(By Nikhil Kurian Nainan; Editing by Maju Samuel and Lincoln Feast)

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Turquoise Hill announces financial results and review of operations for 2019 www.montsame.mn

Ulaanbaatar /MONTSAME/. On March 21, Turquoise Hill Resources, an international mining company who owns 66 percent of the Oyu Tolgoi copper-gold mine in Mongolia and focuses on the operation and development of the mine, announced its financial results for the year ended December 31, 2019.

“For 2019, the Oyu Tolgoi mine recorded another year of excellent operational results, and record industry leading safety performance,” stated Ulf Quellmann, Turquoise Hill’s Chief Executive Officer. “Our team at Oyu Tolgoi continues to maximize our production efficiencies, which resulted in our full year copper production to fall within our original guidance, and our gold production exceeding our original targets. In addition, the mill throughput achieved its fourth year in a row of operating at above name-plate capacity.”

“2019 was also a pivotal year for the underground development with the completion of the above-ground infrastructure and Shaft 2. Shaft 2 is a critical piece of infrastructure that allows the team to accelerate the underground development. Productivity gains in the underground development over the last five months of 2019 have shown steady improvements with December achieving a new record of over 1,800 meters of lateral equivalent meters.”

“Today, COVID-19 presents a pandemic on a global scale that is affecting everyone and certainly also our business. We have got measures in place including a business resilience team at Oyu Tolgoi to monitor, manage and mitigate the effects of COVID-19. At this stage, the situation is very fluid and hence we are not in a position to specify the impact on cost and schedule. In the meantime, we continue to work closely with our customers, our suppliers and the Government of Mongolia”.

Some highlights of 2019

• The Oyu Tolgoi mine achieved another strong all injury frequency rate of 0.16 per 200,000 hours worked for the year ended December 31, 2019. AIFR steadily declined since 2013, dropping 64% from 2013 through 2019.

• Full year copper production of 146,346 tonnes vs original guidance range of 125,000 – 155,000 tonnes.

• Full year gold production of 241,840 ounces vs original guidance range of 180,000 – 220,000 ounces.

• Full year mill throughput of 40,777,225 tonnes, an increase of 5% over 2018.

• Revenue of $1.2 billion in 2019 decreased 1.2% over 2018, impacted by lower copper production partly offset by higher gold revenue driven by a higher average annual gold price in 2019.

• Cash used in operating activities before interest and taxes was $341.7 million, a decrease from $363.0 million generated in 2018, primarily reflecting the impact of reduced revenue.

• Total operating cash costs of $774.5 million for 2019 came in under the Company’s revised guidance and decreased 5.2% over 2018. This decrease was due to lower freight and royalty costs driven by lower volumes of concentrate sold and lower sales revenue respectively, and lower milling costs due to lower maintenance costs.

• Underground expansion capital for 2019 was $1.2 billion, meeting the upper-end of the Company’s revised guidance.

• Shaft 2 construction was completed in October 2019, and was fully commissioned in February 2020. Construction is progressing on Shafts 3 and 4 with both collars now installed. Final preparations are now underway to enable commencement of main sinking operations for both shafts during the second quarter of 2020.

• The Tavan Tolgoi Power Plant (TTPP) Feasibility Study was submitted to the Government of Mongolia on February 17, 2020 by Oyu Tolgoi LLC. The study is based on a 300 MW coal fired power plant to be located at the Tavan Tolgoi coal fields approximately 150 kilometres from Oyu Tolgoi.

• In February 2020, the Company announced that Oyu Tolgoi LLC has been unable to reach a resolution of its dispute with the Mongolian Tax Authority with respect to its tax assessment, and will be proceeding with the initiation of a formal international arbitration proceeding in accordance with the dispute resolution provisions of the Investment Agreement and the Underground Plan.

In 2020, Oyu Tolgoi is expected to produce 140,000 to 170,000 tonnes of copper and 120,000 to 150,000 ounces of gold in concentrates in 2020 from both the open pit and the beginning of the underground development material being processed. Operating cash costs for 2020 are expected to be $800 million to $850 million.

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Coal shipment resumes through Gashuunsukhait border checkpoint www.montsame.mn

Ulaanbaatar /MONTSAME/. In accordance with the decision made by the Government of Mongolia, the Ministry of Roads and Transport Development, National Road Transport Center, Customs General Administration, State Professional Inspection Agency and freight forwarding companies have resumed coal shipment through Gashuunsukhait border checkpoint. The coal exports were suspended for two months due to the heightened state of readiness.

In connection with the resumption of coal transportation through this border checkpoint, the vehicles are required to be fully decontaminated and drivers have to be in protective clothes in accordance with the recommendations of the specialized organizations. In addition, the coal will be transported in economical and environmentally friendly containers, and vehicles of companies satisfying certain requirements are allowed for the shipment.

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Yokozuna Hakuho M.Davaajargal wins record-extending 44th championship title www.montsame.mn

Ulaanbaatar /MONTSAME/. 69th Yokozuna Hakuho M.Davaajargal has won his 44th Grand Sumo Tournament by coming out victorious over 71st Yokozuna Kakuryu M.Anand on the final day of the Spring Grand Sumo Tournament organized in Osaka, Japan. He wrapped up the tournament with 13 wins and 2 losses.

Kakuryu M.Anand had the same number of wins as Hakuho prior to their final match of the tournament held without spectators to prevent the spread of the coronavirus. With 7 championship titles under his belt, Kakuryu finished with 12 wins and 3 losses.

The 35-year-old Yokozuna Hakuho M.Davaajargal continues to extend his great record of championship titles by receiving the Japanese Emperor’s Cup for the 44th time.

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Workforce not to be received for certain period www.montsame.mn

Ulaanbaatar/MONTSAME/. During its irregular meeting on March 22, the Cabinet issued a decision not to employ Chinese workers in the construction work of Ulaanbaatar-Darkhan auto road and further not to receive workforce from any country for a certain period.

As stated in its action plan, the Government of Mongolia is constantly reducing the number of workforce to be received from foreign countries each year. Specifically, the foreign labor force was reduced by 50 percent in 2016-2019 and instead, Mongolians were provided jobs to this extent. Besides, vocational workers are being trained at Technical and Vocational Education and Training schools, having monthly stipend of MNT200,000. Moreover, military servicemen are being employed in the major constructions of railroads and infrastructure.

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China’s Top Envoy to U.S. Breaks With Foreign Ministry on Virus www.bloomberg.com

China’s ambassador to the U.S. reaffirmed his opposition to promoting theories that the virus that causes Covid-19 originated in an American military lab, in an unusual break with the country’s foreign ministry.

Chinese Ambassador Cui Tiankai said in an interview with “Axios on HBO” that he stood by his Feb. 9 statement that it would be “crazy” to spread such theories. Since his original remarks, the Ministry of Foreign Affairs in Beijing has repeatedly posted statements speculating about a possible U.S. origin for the virus, which was first detected in the central Chinese city of Wuhan.

“Such speculation will help nobody. It’s very harmful,” Cui said in the interview that aired Sunday. “Eventually, we must have an answer to where the virus originally came from. But, this is the job for the scientists to do, not for diplomats.”

Cui’s comments represent a sharp public rebuke to Foreign Ministry spokesman Zhao Lijian, who has publicly questioned whether the virus originated in China and even touted the idea that it may have been introduced by U.S. Army athletes. Such public differences are rare among Chinese officials who are famous for their ability to stick closely to the Communist Party’s official line.

Cui is appointed directly by President Xi Jinping and holds a vice-ministerial rank in China’s political hierarchy. That makes him two levels senior to Zhao, whose official title is deputy director of the foreign ministry’s Information Department.

Zhao continued to promote the theory Sunday, retweeting speculation from a Twitter user who goes by the name “the lizard king” that COVID-19 has been around in America “for a while.” The user is described as a “fl transplant to the desert,” a “mama” and “not an expert.”

The ministry spokesman’s statements have been echoed in official state media in recent days and have provoked anger in Washington. President Donald Trump has taken to calling the pathogen the “Chinese virus” and has blamed the U.S.’s outbreak on the Asian country’s early failures to control the disease.

“As you know China tried to say at one point -- maybe they stopped now -- that it was caused by American soldiers,” Trump told reporters March 18. “That can’t happen. It’s not going to happen, not as long as I’m president. It comes from China.”

China Guts U.S. Press Corps in Beijing With Mass Expulsions

Meanwhile, China has also found itself in a tit-for-tat with the Trump administration over foreign journalists in Beijing. Last week, authorities in the foreign ministry expelled at least 13 American journalists from Beijing and forced at least seven Chinese nationals to stop working for American news outlets there.

Asked by Axios about Zhao’s comments, Cui referred the question back to the spokesman and his authority as ambassador to speak on behalf of the Chinese government.

“Maybe you could go and ask him,” Cui said. “I’m here representing my head of the state and my government.”

— With assistance by Peter Martin

 
 
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In Mongolia, Yak Wool Is the New Cashmere www.globalpressjournal.com

A local cooperative helps herders capitalize on a common Mongolian resource: yaks. Workers can spin their soft undercoats into wool as soft as cashmere – and consumers around the world are taking notice.

ERDENEBULGAN, ARKHANGAI PROVINCE, MONGOLIA — Munkhjargal Bat-Ulzii smiles as she weaves with rhythmic precision on her manual loom.

Bayarmagnai Batsuuri stands nearby and watches stunning patterns emerge from the loom.

Bayarmagnai founded the Ar Arvijin Delgerekh cooperative, which specializes in producing and weaving yak wool. The material, according to the cooperative, rivals the quality of cashmere and has the potential to boost income opportunities for yak herders in this central Mongolian province.

Arkhangai province is home to 32% of the country’s yak population, but herders have not historically used the yak’s wool.

Wild yaks, which are long-haired bovines found throughout the Himalayan region and as far north as Mongolia and Siberia, were previously considered endangered but are now tagged as vulnerable.

Domesticated yaks thrive in Mongolia, thanks to its cold temperatures, steep ravines and rocky terrains. The yak’s long, thick hair and fine underfur help it withstand cold weather.

The cooperative has been gaining momentum since it was founded in 2010. Today, all 225 members are herders who joined to receive training on how to tease and prepare yak wool fibers.

Bayarmagnai says they’ve trained herders to collect the fur by separating it from grass, dirt and the yak’s thicker outer hair. The valuable hair is the fine underfur, known as the pure fiber, which can be used to weave yarn and quality goods.

“When we initially established the cooperative, yak fiber was a raw material without any value,” Bayarmagnai says.

Today, herders throughout the province benefit from understanding the value of their yak’s fur.

“I had been herding livestock for 40 years but never teased yak fiber,” says Dagiitserev Lkhagvasuren, a local herder. He joined the cooperative in 2018. From his 27 yaks, he says, he was able to tease about 560,000 Mongolian tugriks’ ($202.50) worth of fiber.

The average annual household income here is about 14.8 million tugriks ($5,350).

“It really helps our livelihood and is especially beneficial for families like ours, who do not earn any salary,” Dagiitserev says.

Herders who have been with the cooperative since it opened have seen tremendous increase in the demand for and value of their yaks’ wool.

Choisuren Namsraikhorol, a local herder, says when he started bringing wool to the collective, he earned about 1,500 tugriks (54 cents) for one kilogram (2.2 pounds) of wool. Today, he earns about 20,000 tugriks ($7.23) for the same amount.

The collective exports the pure fibers and makes yarn for local use, while also weaving yak wool products like shawls and clothing. Annually, they sell about 1,500 textile products at the collective’s retail outlet, Baby Yak, which opened in 2018.

Enkh-Amgalan Sumiyabat, a cooperative member who shows yak wool textiles at trade shows, says one question is more common than any other: “Is it cashmere?”

“Nobody knows that it is yak wool,” she says. “Our products are so cool and soft.”

The yak’s pure fiber, especially from young yaks, isn’t cashmere, although it does meet the microfiber classification for cashmere, says Baasanjav Choijin, head of Arkhangai province’s Herders’ Association.

“It is a luxury item, which is soft and can sustain warmth similar to goat cashmere,” he says.

Cashmere, the luxury wool made from fine goat hair, is popular and expensive thanks to the fact that it is extremely soft while being both warm and lightweight. There are three market grades of cashmere. Grade C cashmere, the lowest quality, can measure up to 30 microns, the standard unit used to grade wool. Grade B measures between 16 to 19 microns and Grade A, the finest, can measure as low as 13 microns.

The Mongolian University of Science and Technology and the accredited laboratory of the Mongolian Customs General Administration are responsible for testing the yak wool prior to export. On average, the yak fiber that the collective exports measures between 18 and 20 microns.

Local herders credit the cooperative with making a previously valueless material valuable, while creating a global market for Mongolian yak wool. The cooperative exports 1.4 tons of its washed and sorted yak wool to France, Spain, Italy, Japan and other countries annually.

Ganchimeg Gombojav, a regular customer at Baby Yak, says she likes to give the textiles to elders during the traditional Mongolian New Year holiday, Tsagaan Sar, in February.

“I like it because it is cheaper compared to cashmere and it is soft and warm,” she says.

Tsogtbaatar Jantsandorj, head of the Food and Agricultural Department’s Cattle Breed Section, agrees that yak wool products have been an asset to Mongolian markets.

“Today we are supplying something that previously had no value and blew on the market,” he says. “It is a very big advantage that people are now consuming domestically produced, eco-friendly animal products.”

Bayarmagnai says they are thrilled to see yak wool products take off locally and globally. He plans to add more looms and a larger factory space later this year. He says they will continue to work with herders and help them boost income, while creating internationally marketable products.

“Everything we make with our hands comes from our heart,” he says.

Otgoo Tsedendemberel, GPJ, translated this article from Mongolian.

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China sees drop in new coronavirus cases; all new cases imported www.reuters.com

BEIJING/SHANGHAI (Reuters) - Mainland China saw a drop in its daily tally of new coronavirus cases, reversing four straight days of gains, as the capital Beijing ramped up measures to contain the number of infections arriving from abroad.

China had 39 new confirmed cases on Sunday, the National Health Commission said, down from 46 a day earlier. All of them involved travellers arriving from abroad, many of whom are Chinese students returning home.

The city of Beijing expanded measures to contain imported infections, diverting all international flights arriving from Monday to other airports in other cities, including Shanghai and as far west as Xian, where passengers will undergo virus screening.

Beijing reported 10 new imported cases, the National Health Commission said on Monday, down from 13 a day earlier. Infections from abroad in the city hit an all-time high of 21 on March 18.

Shanghai and Guangzhou have also said all arriving international passengers will undergo tests to screen for the coronavirus, expanding a programme that previously only applied to those coming from heavily-affected countries.

Shanghai reported 10 new cases on Sunday, down from a record 14 a day earlier.

Guangdong province saw seven new imported infections, Fujian had four and Jiangsu had two. Hebei, Zhejiang, Jiangxi, Shandong and Sichuan each saw just one case, bringing the total imported cases in China to 314 so far.

Mainland China saw no new locally transmitted infections.

In Wuhan, capital of central Hubei province, authorities have eased tough lockdown measures as the epicentre of the outbreak in China saw no new infection for the fifth day.

Downtown Wuhan remains the only high-risk area in the province, with other cities and counties in Hubei are now classifed as low-risk.

Wuhan went into a virtual lockdown on Jan. 23 to contain the spread of the virus to the rest of China.

According to authorities on Sunday, people can enter the city if they are certified healthy and have no fever.

Hubei residents who are in Wuhan can apply to leave the city, but they have to go through a test for the virus and if are certified healthy.

There is still no indication that Wuhan residents can leave the city for non-essential reasons.

As of Sunday, the total accumulated number of confirmed cases in mainland China stood at 81,093.

The death toll from the outbreak in mainland China reached 3,270, up by nine from the previous day.

Reporting by Ryan Woo, Lusha Zhang, Engen Tham and Jing Wang; Editing by Himani Sarkar and Michael Perry

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Mongolia postpones opening schools, international flights www.xinhuanet.com

Mongolia will delay the opening dates of all schools and international flights in a bid to stem the spread of COVID-19, a senior official said on Sunday.

Ulziisaikhan Enkhtuvshin, head of the State Emergency Commission, said that all public and private kindergartens, schools, colleges, universities and other educational institutions across Mongolia will reopen on April 30 instead of March 30.

Mongolia also decided to suspend all international flights and international passenger train services until the end of April, Enkhtuvshin added.

Furthermore, the country will kick off a two-week campaign to disinfect all public and private areas across the country starting from Monday, said the official.

As of Sunday morning, a total of 10 people, nine Mongolian citizens and a French national, tested positive for COVID-19 in the country and their conditions remain stable, according to the country's National Center for Communicable Disease. Enditem

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