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    

Events

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

NEWS

64x64

Solar, wind and hydro power could soon surpass coal www.cnn.com

New York (CNN Business)Coal, long the king of America's electric grid, will soon get toppled by renewable energy.

Solar and wind power are growing so rapidly that for the first time ever, the United States will likely get more power in 2021 from renewable energy than from coal, according to projections from the Institute for Energy Economic and Financial Analysis.
This milestone is being driven by the gangbusters growth for solar and wind as well as the stunning collapse of coal. And it comes as the United Nations warned on Tuesday that countries are not doing enough to keep the planet's temperature from rising to near-catastrophic levels.

"The next piece of the energy transition is very close at hand," said PJ Deschenes, partner at Greentech Capital Advisors, a boutique investment bank focused on clean energy. "Coal is coming offline as fast or faster than we anticipated."
Content by BP

For decades, coal was the cornerstone of the power industry. But a combination of environmental concerns, aging plants and competition have caused a sharp decline in coal usage in the United States.
Coal provided about half of America's power generation between 2000 and 2010. However, coal usage started to fall sharply late in the last decade because of the abundance of cheap natural gas. Coal was dethroned by natural gas in 2016, according to the US Energy Information Administration.

'Negative feedback loop'
Despite President Donald Trump's promise to save coal, the industry's decline has only continued. This was underlined by last month's bankruptcy of Murray Energy, America's largest private coal mining company.
US power companies are rapidly retiring old coal plants and replacing them with wind and solar farms. Utility companies like PSEG (PEG) and Xcel Energy (XEL), which long relied on coal, are now pledging to deliver carbon-free electricity.
'Nervous and scared.' Coal workers fear for pensions after Murray Energy bankruptcy
'Nervous and scared.' Coal workers fear for pensions after Murray Energy bankruptcy
Navajo Generation Station, the largest coal-fired power plant in the West, permanently closed last week. The shutdown means that South Nevada's electricity is now coal-free.
US power plants are expected to consume less coal next year than at any point since 1978, according to the EIA. That will cause coal's market share to drop below 22%, compared with 28% in 2018. That shrinking market share makes existing coal plants even less profitable.
"It's a negative feedback loop," said Greentech's Deschenes.
This trend is playing out overseas as well. Global electricity production from coal is on track to fall by a record 3% in 2019, according to CarbonBrief. That drop is being driven by record declines from Germany and South Korea as well as the first dip in India in at least three decades.
2021 is a 'crossover year'
Dennis Wamsted, editor and analyst at IEEFA, is predicting that 2021 will be the "crossover year" in the United States, where coal is supplanted by renewables, which include solar, wind, hydropower, biomass and geothermal.
"Coal and renewables are rapidly heading in opposite directions," Wamsted said in a report."If the crossover doesn't occur in 2021, it will without a doubt do so by 2022."
This transition has already played out in Texas, which was long a coal-first state. During the first half of this year, wind power surpassed coal for the first time in Texas history. Wind made up just 0.8% of the Lone Star State's power as of 2003. That figure has climbed to 22%, compared with 21% for coal.
Critics of renewable energy correctly note that the sun doesn't always shine and the wind doesn't always blow.
That's why Deschenes said he hopes these milestones draw greater attention to the importance of energy storage systems that hold renewable energy for when it's needed.

...


64x64

Saeid Mollaei gets Mongolian passport www.judoinside.com

Saeid Mollaei is going to fight for Mongolia at the Masters in Qingdao. Mollaei visited the President of Mongolia, the former Judo Association President Khaltmaagiin Battulga who handed out the passport to the 2018 World Champion who fled from Iran and was promised a German citizenship recently. In Qingdao Mollaei was supposed to fight under the International Refugee Team. However at the website of the IJF you already see him in the team of Mongolia to confirm the transfer of the year.

Mollaei who is still ranked World Number three, should normally lose his points once switching to another country. In the ranking he is linked to IRT, the international Refugee Team. In his category U81kg the first Mongolian fighter is Otgonbaatar Uuganbaatar at place 17 and Nyamsuren Dagvasuren is ranked 27th. It is a remarkable move made possible by the powers of the Mongolian President himself.

Mongolia have lost a few athletes to Azerbaijan and was about to lose three Mongolian athletes including Nyamsuren Dagvasuren to the UAE in 2018, but that transfer was cancelled. Mongolia have won consecutive Olympic medals since 2004 and with a judoka as its president, that ambition can become only stronger. With Mollaei Mongolia have a serious ace to continue the streak.

Athletes with an official refugee status Judoka with an official refugee status, hosted by a country, can qualify themselves for IJF or continental union competitions through their host country national championships and consequently they will compete internationally under their host country flag. The National federation requests must be sent, with the official refugee status documents, to the IJF General Secretariat. If the documents sent are compliant, the agreement will be automatically given by the IJF General Secretary following confirmation by the IJF President. If there is a change in the status of the official refugee i.e. citizenship of a new country, return to their country of origin etc. The nationality change process must be followed. For events organised by the IJF or under its auspices, the IJF Executive Committee can authorise that judoka with an official refugee status can compete under the IJF flag. If there is a change in the status of the official refugee who competed under the IJF flag i.e. citizenship of a new country, return to their country of origin etc. the IJF Executive Committee would make a decision concerning the change of nationality and the world ranking points that the athlete has.

...


64x64

India looks to Russian coal to lessen dependence on US, Canada & Australia www.mining.com

India and Russia are in talks to source coking coal in Russia’s Far East, as New Delhi is seeking to diversify from its traditional suppliers such as the US, Canada and Australia.
In 10 years, the South Asian country is expected to need twice more coal than it consumes today, the head of Far East Russia Investment and Export Agency Leonid Petukhov said, after a meeting with Indian businessmen in New Delhi. During the visit the official also met with Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan to discuss the possible shipments.

“India is interested in joint projects with Russia to develop coking coal and is going to increase exports of this fuel from Russia,” he said, adding that the agency is assisting both Russian and Indian companies in this.

Pradhan said that the supplies of coal from the remote Russian region can surge, as it is more attractive in terms of price, as well as connectivity to the ports and sea transport, the Times of India reported, citing the minister.

Coal India Limited and Indian Steel Association have already visited and inspected coal mines in Russia’s Far East, while several Russian producers, such as Kolmar, EVRAZ and Mechel, have sent test shipments to India. Those samples are reportedly being tested at the Indian plants.

India imports more than 50 million tons of coking coal, which is a key element for steel production, and is seeking to diversify the sources of the material. However, the share of Russian coal supplies to India is quite low, and stands around 1 percent, according to Petukhov.

Indian steel and energy companies reportedly want to import up to 9 million tons of the raw material from Russia annually. However, Indian partners ask Russia to develop inland as well as port logistics and rail connectivity in the Far East to facilitate the growth of supplies. They also want Russian firms to consider concessions and preferential terms for Indian companies.

Earlier this year, the first deputy minister of Development of Russian Far East said that Moscow aims to boost the coal supplies six fold - to 28 million tons - by 2025.

...


64x64

281 people living with HIV/AIDS in Mongolia www.xinhuanet.com

A total of 281 HIV carriers and AIDS patients are now living in Mongolia, the country's National Center for Communicable Diseases (NCCD) said Sunday.

"However, it is estimated that more than 600 people may be infected with HIV in the country," Dulmaa Nyamkhuu, head of the NCCD, told a press conference on the occasion of World AIDS Day, which falls on Dec. 1 every year.

Almost all of the infections resulted from sexual transmission, he said, adding that 80 percent of the HIV carriers and AIDS patients are sexual minorities.

Around 87 percent of those infected have received anti-virus treatments, he said.

The first case of HIV infection in Mongolia was recorded in 1992. Since then, 44 people have died of AIDS in the country.

...


64x64

Mongolia set to have first Olympic House at Tokyo 2020 www.insidethegames.biz

Mongolia is to launch its own Olympic hospitality house for the first time at Tokyo 2020 next year, it has been revealed.

The plan has been initiated by Battushig Bahtold, the Acting President of the Mongolian National Olympic Committee, who has identified a site next to the Tokyo Tower as its location.

Tokyo Tower is an Eiffel Tower-inspired lattice tower and, as the second tallest structure in Japan, is a landmark in the capital.

The idea is also supported by Hakuhō Shō, one of Japan's best-known and most successful sumo wrestlers who was born in Mongolia.

Bathold has held talks with Tokyo 2020 President Yoshirō Mori to present his idea.

He got the idea after visiting USA House during the Winter Olympic Games in Pyeongchang last year.

Bahtold visited USA House with Angela Ruggiero, the American who was the former chair of the International Olympic Committee (IOC) Athletes' Commission, who he studied with at Harvard Business School.

"Angela invited us to the USA House during the Pyeongchang Winter Games where she introduced us to the American athletes and sports officials," Bahtold, who is also due to be Mongolia's Chef de Mission during Tokyo 2020, said.

"The USA house held a big event where President of IOC, Thomas Bach, attended as well.

"We also visited the Japan House set up at the Pyeongchang Winter Games.

"Setting up a country house is not only a name card of your nation where you introduce the athletes and host many guests, but it's also a big promotion of your country to the world.

"Therefore, in 2018, I met with the Ambassador of Mongolia to Japan Mr. Batjargal [Dambadarjaa] and the President of the Japanese Olympic Committee regarding building a Mongolia House during the Tokyo Games.

"Our Ambassador supported this idea and looked into many locations.

"We are currently finalising on the location next to Tokyo Tower."

Bahtold is confident Mongolia House will help raise the profile of a country sandwiched between Russia to the north and China to the south and which is the 18th largest country in the world but is the most sparsely populated sovereign state on the planet.

Mongolia is rich in natural resources such as oil, gold, silver, iron, coal, copper, molybdenum, tungsten, phosphates, tin, nickel, zinc and fluorspar.

"Once we have the agreement finalised, we will work to build a Mongol House and promote our country," Bahtold said.

"Yokozuna [the highest rank in sumo] Hakuho also supports this idea and Mongolian sumo wrestlers will come to the Mongol House to promote Mongolia.

"If we build a Mongolia house in Tokyo, it would be I believe almost as effective as the big international media groups, as it would attract their interest."

Mongolia made their debut in the Olympics at Tokyo 1964 - the last occasion the Japanese hosted the event - and have appeared in every Games since with the exception of Los Angeles 1984 when they joined the boycott led by the Soviet Union.

The country has so far won a total of 26 medals, including two gold, both of which came at Beijing 2008 when Naidangiin Tüvshinbayar won the men's over-100 kilometres in the judo and boxer Enkhbatyn Badar-Uugan triumphed in the bantamweight division.

At the last Olympic Games in Rio de Janeiro in 2016, Mongolia sent a team of 43 athletes who competed in nine sports.

They won a total of two medals, a silver in the women's judo for Dorjsürengiin Sumiyaa in the under-57kg category and bronze for boxer Dorjnyambuugiin Otgondalai in the men's lightweight division.

...


64x64

Central bank reports on current financial situation www.montsame.mn

Ulaanbaatar /MONTSAME/. On November 28, the Bank of Mongolia delivered a report on timely issues concerning the economy of Mongolia.

As of October, 2019, money supply reached MNT 20.5 trillion, showing growth by 11.7 percent compared to the same period of last year and the money supply is mainly composed of savings of tugrug, current accounts and savings of foreign currencies.

Compared to last year, the credit increase became 10.6 percent, reaching MNT 18 trillion and 87.8 percent of the total credits is Tugrug loans and 12.2 percent is foreign currency loans. Overdue loans and outstanding loan each accounted for around 10.7 percent in the total amount of loans. It also has been reported that the annual interest rate of credit issued by commercial banks was around 16.8 percent and foreign currency loan rate was 8.9 percent.

Officials from the central bank, during the meeting, informed that there will be no large amount of due payment by the Government of Mongolia and the central bank besides payment of a swap agreement established with the People's Bank of China, which was extended in November 2018 by three years. Moreover, it is expected that a pleasant condition will be created thanks to the anticipating IPO of Tavantolgoi deposit. The recently-adopted Parliamentary resolution on ensuring the interests of Mongolia in the exploitation of Oyu Tolgoi deposit will eliminate uncertainty posed in the project.

The remaining balance of securities held by the Bank of Mongolia amounted to MNT 4.2 trillion as of yesterday, November 28. The growth in the balance is brought about by the government’s decision not to issue securities in domestic markets and the increase of currency flow inbound to Mongolia in recent years. Such measure to grow the securities balance by the central bank is designed for preventing from economic risks.

To date, the central bank has purchased a total of 14 tons of gold, which was decreased by 4.2 tons compared to last November equaling 18.2 tons of gold. The drop in gold-buying is influenced by several factors, such as the mineral royalty rate growth and government measures to shut down illegal mines.

Regarding the recent appointment of the new Governor of the Bank of Mongolia, the officials of the central bank confirmed that the bank will continue to abide by the general directions it has been following in the past three years, aimed at sustaining the economic revival, ensuring stable currency rate of tugrug. During the tenure of the new President of the central bank, some works requiring considerable efforts are awaiting the bank, including the successful implementation of the Extended Fund Facility, which will terminate in May 2020, Mongolia’s target to get out of Grey List of the Financial Action Task Force (FATF) and works to renew the swap agreement with China, which is to end in July 2020.

...


64x64

Construction project to be financed by Export-Import Bank of South Korea www.montsame.mn

Ulaanbaatar /MONTSAME/. To provide citizens with affordable apartments in order to reduce the pollution of Ulaanbaatar, discussions have been held for the financing of the construction project for 5,002 households in Khan-Uul district with the Export-Import Bank of Korea (KEXIM) from the first quarter of 2019.

As the result of several meetings held between the Ministry of Finance, Ministry of Construction and Urban Development, State Housing Corporation of Mongolia, and KEXIM, the sides had agreed on works to be jointly implemented in the project framework and it has been made official, with the signing of the meeting protocol on November 28.

State Secretary of the Ministry of Finance S.Narantsogt, State Secretary of the Ministry of Construction and Urban Development S.Magnaisuren, and KEXIM Asia Director Koo Bon Yong signed the protocol.

...


64x64

Raw coal ban reaps benefits in Ulaanbaatar www.news.mn

Mongolia’s capital Ulaanbaatar recorded a year-on-year decrease in the density of hazardous fine particulate matter PM2.5 in the first two weeks of November, the city’s Air Pollution Reduction Department said. The average concentration of PM2.5 in the air of Ulaanbaatar dropped to around 120 micrograms per cubic meter during the period, down 55 percent from a year earlier. In the meanwhile, the average density of PM10 stood at 170 micrograms per cubic meter, down 38 percent year on year, it said in a statement.

Ulaanbaatar is one of the most air-polluted cities of the world as half of the country’s population immigrated to the city. Smoke from shantytown ger districts where over 220,000 families live, is the main culprit of Ulaanbaatar’s air-pollution. This year, the government put a ban on burning coal in the Mongolian capital where the winter temperature falls to as low as -40 Celsius.

In March, the Mongolian government decided to totally ban the use of raw coal. Household offenders are being fined 300,000 tugriks (USD 113), while large businesses – 3 million tugriks (USD 1,134). As of today, a total of 36 violations of burning raw coal have been reported in Ulaanbaatar. In addition, the city stepped up efforts to check the use of the raw coal fuel, with 7 tons of raw coal seized since October.

In the light of the ban, the government is putting an alternative product on the market made from semi-coke, a by-product of coal. While more expensive, these fuel-efficient briquettes are said to burn twice as long and emit far less fumes. However, eight people have died of carbon monoxide poisoning in the ger districts of Ulaanbaatar and 350 have been hospitalized – 220 of them children, following the introduction of “safe” smokeless briquettes as the official alternative to coal. The incorrect use of the briquettes or inappropriate stoves have been blamed for the loss of human life. Currently, over 350 employees from Tavan Tolgoi Fuel Company are still working in the ger districts to teach people how to burn the briquettes and fix their stoves.

...


64x64

South Korea replaces ambassador to Mongolia after power abuse claim www.news.mn

Lee Yo Hoon, the new Korean ambassador to Ulaanbaatar presented his credentials to Mongolian President Kh.Battulga. At the meeting, Kh.Battulga presented the Korean ambassador with some business projects for forming business councils on agriculture and tourism based on Korean know-how. In addition, the two sides exchanged views on celebrating the 30th anniversary of the establishment of diplomatic relations and on supporting young businessmen.

In May, South Korea’s Ministry of Foreign Affairs has launched a probe into allegations that the country’s top diplomat in Mongolia developed collusive ties with a visa broker and abused his authority by harassing subordinates. Following investigation, Ambassador Chung Jae-nam been recalled from Mongolia.

...


64x64

Opportunities to cooperate with France in animal husbandry sector discussed www.montsame.mn

Ulaanbaatar /MONTSAME/ Representatives of the French Livestock Institute and French livestock farming companies such as ‘Interlim’, ‘Coopex Montbeliarde’ and ‘Fenvia’ have arrived in Mongolia.

The French delegates today held a meeting with Mongolian entities and farmers who are introducing high-yielding cattle and sheep imported from France, exchanging views on the results of the breeding.

During the meeting and seminar, which was held by the Embassy of France in Mongolia, Counsel for Agriculture in the French Embassy in China Mr. Francois Blanc noted that Mongolian farmers want to import livestock from France again. "This is an indication of our cooperation's results. Most of the cattle imported to Mongolia were pregnant heifers. A few number of steer have been imported. Today we met with delegates of entities that imported livestock, hearing their requests, experience and barriers. This is a good thing that Mongolian herders and farmers who are receiving the livestock are getting involved in necessary training and can build animal breeding house and prepare fodder.

Mr. Francois Blanc also stressed that quality livestock has pivotal role in current intensive animal husbandry sector. “Quality products come from quality livestock. We are aiming to improve quality of livestock in Mongolia, not naturalizing European standard in Mongolia. Because, countries have different conditions and their own adaptive conditions as well”.

Moreover, the French animal husbandry specialists and experts attended the meeting and introduced about methodology of milk and fodder manufacturing and French cooperative system while giving counsel to herders.

Ambassador of France to Mongolia Philippe Merlin, French delegates of animal husbandry as well as delegation of Mongolia’s Ministry of Food, Agriculture and Light Industry, Animal Breeding Service and companies such as ‘Gatsuurt’, ‘Nuudelchin Agro Farm’, ‘Mongol genetic service’ and ‘Mill House’ took part in the meeting and seminar themed ‘Opportunities to partner with France in animal husbandry sector’.

Additionally, 4-5 entities and farmers including ‘Khishigten Nuudel’ and ‘Taishir Urguu’ are importing cattle and sheep from France to introduce them in Mongolia.

...