Construction of Unit 3 of the Xudabao nuclear power plant is expected to start in October 2021, according to CNNC. It will be followed by Unit 4 in August 2022. The single unit construction period lasts 69 months, and the construction interval between the two units is 10 months.

Russia and China have been strengthening ties in the nuclear energy sector lately. Apart from the Xudabao nuclear plant units, Rosatom is building nuclear units for the Tianwan nuclear power plant, which is one of the biggest joint projects of Russian-Chinese economic cooperation. The first two of its units, each with a capacity of 1,000MW, were launched in 2007. Unit 3 began operations in 2017, and the reactor at the latest, fourth unit was launched at minimum capacity in September last year after the fuel loading was finished ahead of schedule.

The nuclear plants will help to meet China’s goal of reducing greenhouse gas emissions, according to Joseph Jacobelli, an independent energy analyst and Asia-Pacific CEO of clean energy producer Joule Power. They will provide air pollution-free energy at a lower cost to consumers, he explained to China Daily.

Zijin, China’s No.1 gold producer and Ivanhoe’s partner in the now massive Kamoa-Kakula copper project in the DRC, generated the additional funds by exercising its anti-dilution rights at C$3.98 per share, the Vancouver-based company said.

Ivanhoe can now finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef project in South Africa.
China’s state-owned CITIC Metal, Ivanhoe’s largest shareholder pumped last month C$612 million (about $454m) into Canadian billionaire Robert Friedland’s company.

The combined funds from the two Chinese companies, accounting for more than C$679 million ($503m), will allow Ivanhoe to finance Kakula and Kipushi mine to commercial production, and significantly advance, or achieve, production at the company’s Platreef project in South Africa, it said.

Friedland, who made his fortune from the Voisey’s Bay nickel project in Canada in the 1990s, also said that Zijin’s Chairman Chen Jinghe had been nominated for election to Ivanhoe’s board at its Annual and Special Meeting of Shareholders to be held on June 28.

Ivanhoe Mines has been working on Kamoa-Kakula for ten years. In 2015, its now partner Zijin got on board by acquiring a stake in the company. Citic Metal followed suit last year, becoming Ivanhoe’s largest shareholder.

Friedland has repeatedly stated that Kamoa-Kakula has the potential to become the world’s second-largest copper mine.

According to an independent pre-feasibility study (PFS) released in February, the operation is expected to reach peak annual production of more than 700,000 tonnes of copper.

The proceeds from Zijin and CITIC are expected to be received by the first week of September.

The1.5 MMTPA refinery is expected to be completed by 2022.Ties between India and Mongolia date back centuries with Buddhism seen as a major binding factor between the two countries. In recent years, the two countries have set up mechanisms like the India-Mongolia Joint Working Group for Defence and the “India-Mongolia Joint Committee on Cooperation (IMJCC)" chaired at ministerial level besides others to cement cooperation.

“For Mongolians, India is one of counter-weights to their neighbours (Russia and China), a 'spiritual neighbour,' a declared third neighbour and strategic partner and centre for pilgrimage," says a Ministry of External Affairs background note on bilateral ties.

In April last year, during External Affairs Minister Sushma Swaraj's visit to the country, it was agreed to intensify cooperation in energy, trade and economy, IT, healthcare, animal husbandry, infrastructure development and other developmental sectors. (UNI)

Accumulated income to the state budget rose by MNT 286.1 billion or 41.2 percent comparing to the previous year. Collected taxes and duties from minerals such as gold, coal, copper and spar have increased while tax income from zinc and iron have decreased.

Export of mining products reached USD 2.5 billion in the last 4 months. It is an increased performance by 18.2 percent or USD 386.6 million comparing to the same time of the last year. Iron ore, coal, copper, zinc and molybdenum concentrate and crude oil made up 83.2 percent of the total export.

Coal export reached 11.4 million tons or USD 961 million as a sum in the first 4 months of this year. The coal price per ton has been an average of USD 84.4 this year.

As of the first 4 months of 2019, 489.1 thousand tons of copper concentrate was exported, showing an increase of 30.5 thousand tons comparing to the previous year. For copper, average price per ton reached USD 1434 or upped by USD 65.4, reports the Ministry of Mining and Heavy Industry.

The vaccines should reach children aged 5-18 in Bayan-Ulgii, Zavkhan, Khovd, Uvs and Govi-Altai provinces in the west and Bayankhongor province in the southwest from 15-25 May. In addition, the vaccines should cover those aged 10-18 in other provinces and the capital Ulaanbaatar.

Mongolia was declared free of measles by the World Health Organization in 2016. Since then, however, a new outbreak was reported in March; evidently, the disease was brought by a foreign worker.

Measles is a highly contagious viral disease transmitted by respiratory droplets and direct contact. The disease can be prevented by immunization. Common complications include fever, dry cough, runny nose, sore throat and inflamed eyes.

There is no specific treatment for measles, and most people recover within two to three weeks.

Shares of ENGINEERS INDIA LTD. was last trading in BSE at Rs.103.9 as compared to the previous close of Rs. 109.2. The total number of shares traded during the day was 101714 in over 915 trades.

The stock hit an intraday high of Rs. 109 and intraday low of 103.5. The net turnover during the day was Rs. 10740460.

Source: Equity Bulls

"The third Mongolia-China expo will be held in Hohhot, capital of China's Inner Mongolia Autonomous Region, in September. Preparation work for the expo is underway," he told Xinhua, noting that the Mongolian side "attaches great huge importance to the expo."

He said that the biennial expo has provided Mongolian businesses with a huge opportunity to promote their products, especially organic food products to Chinese consumers.

"Many companies have expressed their willingness to participate in the expo. Our officials are now working to provide them with all the information they need," the minister added.

Ulaan said he hoped this year's expo would be bigger in size.

More than 380 Mongolian businesses participated in the second Mongolia-China expo held in Hohhot in 2017, exhibiting products in around 400 categories, showed data from the department of foreign trade and economic cooperation at the Mongolian Foreign Ministry.

The first meeting of the working group on preparation for the World Expo 2020 was held on May 13 at the Ministry of Foreign Affairs. Deputy Commissioner T.Duuren introduced the details of preparation, financing and budget proposal made by MNCCI. Foreign Minister proposed to take into account the country’s benefits from participation in the expo and make detailed budget proposal immediately.

World Expo 2020 will take place in Dubai between Ocotber 20, 2020 and April 10, 2021.

The region’s import volume with Belt and Road countries rose 21.2 percent year on year to 16.51 billion yuan, while it’s export volume reached 7.29 billion yuan, down 0.5 percent, according to the Hohhot customs.

The total foreign trade volume of the region reached 36.02 billion yuan over the same period, up 11.9 percent year on year.

The region’s foreign trade with Mongolia and Russia, its major trade partners, grew 32.4 percent year on year to 11.31 billion yuan and 1.1 percent year on year to 6.36 billion yuan respectively from January to April.

Last year, the import and export volume of the region hit a record high of 103.44 billion yuan, a year-on-year increase of 9.9 percent