Mayor Nyambaatar: ‘Construction of Tuul Highway to Begin in March 2026’ www.montsame.mn

Governor of the Capital City and Mayor of Ulaanbaatar Nyambaatar Khishgee briefed the media on November 27, 2025, on the progress of road infrastructure projects in the Capital city.
He stated that “Preparations for the construction of the Tuul Highway are over 90 percent complete, including quarry development, design work, equipment mobilization, and camp installation. Land clearance is also underway. Tomorrow, the General Staff of the Mongolian Armed Forces and the city administration will jointly relocate the Shooting Range of Military Unit No. 013, which falls along the highway route. Construction of the Tuul Highway will begin in March 2026. The road’s traffic lanes will be opened on July 1, 2027, which is expected to reduce traffic congestion in Ulaanbaatar by 15 percent,” said Mayor Nyambaatar. He added that a tender for the New Ring Road connection will open next week. The city aims to select a contractor and sign the contract within this year. Once operational, the New Ring Road is expected to reduce congestion by 40 percent. Ulaanbaatar’s current road network can support around 84,000 vehicles, while more than 600,000 vehicles participate in daily traffic. During summer, with lower congestion, around 450,000 vehicles use the roads per day. “With the completion of the Tuul Highway and New Ring Road, traffic flow in the Capital city will significantly improve. Urban development in Ulaanbaatar will continue without interruption,” the Mayor emphasized.
According to the Governor’s Office of the Capital City of Ulaanbaatar, the Tuul Highway will consist of six lanes and extend 32 km, connecting from the eastern Ulaanbaatar–Nalaikh road to the safety roundabout leading toward the western aimags (provinces).

Mongolia-Japan Public-Private Sectors Hold XII Consultative Meeting www.montsame.mn

The 12th Consultative Meeting of Mongolian-Japanese Public and Private Sectors was held in Tokyo, Japan.
The Meeting was co-chaired by Deputy Prime Minister of Mongolia, Gankhuyag Khassuuri, and State Minister of Economy, Trade, and Industry of Japan, Yamada Kenji, and attended by over 170 representatives from the Ministries of Foreign Affairs, Ministries of Economy and Development, the Mongolian National Chamber of Commerce and Industry, the Japan International Cooperation Agency (JICA), the Japan External Trade Organization (JETRO), the Japan-Mongolia Economic Committee, and public and private entities from the two countries.
Deputy Prime Minister Gankhuyag highlighted 2025 as a significant year in strengthening the bilateral relations and deepening the friendship between the peoples of the two countries, as His Majesty King and Queen of Japan paid a State Visit to Mongolia for the first time at the invitation of the President of Mongolia Khurelsukh Ukhnaa.
He stated, “We are committed to expanding and developing mutually beneficial economic cooperation as a key pillar of the Mongolia-Japan Special Strategic Partnership by increasing trade and investment and strengthening cooperation between the private sectors of the two countries. In this regard, this Consultative Meeting between the Mongolian and Japanese government and private sectors is of great importance for open and productive discussions on potential opportunities.”
During the Meeting, discussions were held on improving the financial and investment environment and green financing; critical mineral resources, investment, and cooperation opportunities; renewable energy and climate change mitigation; cooperation in science, technology, and industry; innovation and digital investment; and developing the startup ecosystem. The Mongolian side provided detailed information about the government’s development policies and activities, expressing its willingness to attract Japanese investment into major development projects and programs, and to work together to introduce best practices and advanced technologies.
The Mongolia-Japan government and private sector consultative meetings have been held alternately in Ulaanbaatar and Tokyo since 2007. The 13th Consultative Meeting will take place in Mongolia in 2026.

Ulaanbaatar Metro Construction to Commence in 2026 www.montsame.mn

Construction of the Ulaanbaatar Metro, an urban transport project aimed at reducing traffic congestion in the city center, is set to begin in 2026. The line will extend 19.4 kilometers along Enkhtaivan Avenue, the city’s busiest corridor, running from Tolgoit to Amgalan. It will feature 15 stations – 14 underground and 1 above ground – with a design capacity of 17,200 passengers per hour.
According to the Office of the Governor of Ulaanbaatar, the feasibility study (FS) and concept design have already been finalized. In parallel, the Environmental and Social Impact Assessment (ESIA) is being conducted jointly by Korea’s Inojen Co., Ltd and Mongolia’s Eco Natur LLC consultancy, with completion expected in December, 2025.
Currently, an average of 347,000 vehicles traverse Ulaanbaatar each day along the east-west corridors. During peak hours, commuters spend between three to four hours in traffic, contributing to substantial economic losses through reduced productivity, increased fuel consumption, and mounting social pressures.
Mayor Nyambaatar Khishgee stated that the Ulaanbaatar Metro tender has been launched, with final selection among 27 enterprises scheduled for December 15. He added that project planning and financing are ongoing, while the fourth-stage selection for the tram project will begin on December 1, 2025.
The metro’s commissioning is anticipated to improve air quality and contribute to better public health.
Transit-oriented development (TOD) will be introduced around metro stations, with shopping and service hubs planned adjacent to each stop to boost local economic activity. The metro is estimated to cut travel times from 45 minutes by bus to about 15 minutes, offering direct support to small and medium-sized enterprises (SMEs). Each station could accommodate around 10 SMEs, amounting to 150–200 businesses across the network. In addition, development activities around the stations are projected to generate roughly 150,000 new jobs.

Prime Minister Appoints New First Deputy Prime Minister and Minister of Food, Agriculture and Light Industry www.montsame.mn

Prime Minister of Mongolia Zandanshatar Gombojav signed an order appointing Member of Parliament and Minister of Food, Agriculture and Light Industry Enkhbayar Jadamba as First Deputy Prime Minister and Minister of Economy and Development, and MP Badamsuren Myagmarsuren as Minister of Food, Agriculture and Light Industry.
The Prime Minister emphasized that the appointments were made under his constitutional and legal authority. He noted that the Government has set the “New Confidence – Bold Reform” agenda for the next four years, focusing on diversifying the economy, improving the business environment, reducing state involvement in the market, and strengthening fair competition.
The Prime Minister stated that the two sectors, economic development and food, agriculture, and light industry, are closely interconnected, and highlighted the appointees’ expertise and public service experience. He called on the new ministers to implement the Government’s agenda and pursue decisive reforms.
The Prime Minister had formally presented his decision on the appointments to the President on November 24, 2025. The decision was also presented to both the MPP group in the parliament and the plenary session of the State Great Khural, and the appointees took oaths before the State Great Khural on November 25, 2025, followed by the issuance of the Premier’s order.
As First Deputy Prime Minister and Minister of Economy and Development, Uchral Nyam-Osor was elected as Chairman of the State Great Khural on November 20, 2025, the position required a new appointment.

Rio Tinto to sell US boron assets www.mining.com

Rio Tinto (ASX, LSE: RIO) is looking to sell its boron assets in California as part of the group’s ongoing efforts to simplify its operating model, according to Bloomberg.
On Wednesday, the media outlet reported that the Australian mining major will sell all its US boron assets, which include a mine and processing operations in the Mojave Desert town named after the element. Also being sold are Rio’s refinery and shipping facility in Los Angeles port and its Owens Lake mining operation near Sierra Nevada.
Together, these California assets meet about 30% of global demand for boron, according to the company’s website.
Boron is currently used in a variety of industrial applications, including in fertilizer, glass and ceramics manufacturing, fiberglass insulation and for strengthening metal alloys. The United States, despite already establishing itself as a leading producer, recently included boron on its latest critical minerals list, citing its key role in economic and national security-related products such as permanent rare earth magnets.
$2 billion in value
Rio’s California boron mine has been active well before its acquisition in 1967. Now in its 100th year of operation, it has become a world-leading producer of borates and boron chemicals. The deposit’s reserves are sufficient to support production through the early 2040s.
A sale of the boron mine reflects Rio’s strategy to simplify its operations structure under new chief executive Simon Trott. Since taking the helm three months ago, Trott has reorganized the group into three divisions and ordered a review of the minerals unit, which includes borates. The company currently makes nearly all its earnings from iron ore, copper and aluminum.
Rio has engaged two major banks — UBS Group AG and JPMorgan Chase — to advise on the sales process, which is expected to start in the next fortnight, Bloomberg said. According to its sources. Rio’s boron assets could fetch as much as $2 billion, with private equity firms or chemical producers the likely bidders.
(With files from Bloomberg)

Mongolia may join CIS Railway Transport Council www.report.az

Mongolian solar plant: Unique 2024 project unveiled www.pvknowhow.com

TML Group’s Pivot: Investing in a Mongolian solar plant
In a strategic move that underscores a growing regional trend, Mongolian plastic producer TML Group is set to construct an 80 MW solar plant and a 100 MWh battery energy storage system in Dundgovi Province. According to reports from IJGlobal, the project, which aims to supply power to the central grid, marks a significant and ambitious shift from the company’s traditional focus on plastic packaging.
TML Group’s Renewable Energy Vision and the Mongolian solar plant
TML Group is poised to broaden its operational scope by developing an 80 MW solar power plant coupled with a 100 MWh battery energy storage system (BESS) in Dundgovi Province. This project will feed clean power into the central grid, representing a major diversification from the company’s core business. TML Group’s expansion into renewable energy reflects a broader movement among industrial firms to invest in sustainable practices, enhance energy security, and contribute to national climate goals. This initiative is particularly notable as it represents a major step forward in Mongolia’s renewable energy sector, which has traditionally been dominated by coal-fired power.
The company has already secured the necessary permits from the Ministry of Energy of Mongolia to develop this ambitious project. By integrating the solar plant with a powerful battery storage system, TML Group aims to ensure a stable and reliable supply of renewable energy, tackling the issue of intermittency and helping reduce the country’s reliance on fossil fuels.
Dundgovi’s Potential for a Large-Scale Mongolian solar plant
Dundgovi Province, located in central Mongolia, is a prime location for solar energy development. The province boasts abundant sunshine, with an average of 270 to 300 sunny days per year, making it ideal for large-scale solar projects. The geographical and climatic conditions of Dundgovi provide a significant advantage, as the region’s high solar irradiance levels ensure optimal energy production throughout the year.
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The solar plant’s 80 MW capacity will make it one of the largest solar facilities in the country. Such a large-scale project depends on a sophisticated solar panel manufacturing process to produce the thousands of modules required. The addition of a 100 MWh battery energy storage system is a critical component, helping to balance the grid by storing excess energy generated during peak sunlight hours and releasing it during periods of high demand or low solar generation. This synergy between generation and storage is key to making renewable energy a dependable power source.
Impacts of the Mongolian solar plant Project
The project is expected to bring significant benefits to the local community and the broader Mongolian economy. The construction phase will require a substantial workforce and specialized equipment, including advanced solar panel manufacturing machines, stimulating economic activity in Dundgovi Province. A look at a typical solar panel manufacturing plant cost breakdown reveals the scale of investment involved in such ventures. By exporting renewable energy to the central grid, the project will help Mongolia reduce its carbon footprint and align with global efforts to combat climate change.
This solar and battery storage initiative is a cornerstone of Mongolia’s broader strategy to diversify its energy mix. The nation aims to leverage its vast solar and wind resources to become a regional leader in clean energy. Understanding the basics of solar panel manufacturing and the complex supply chain for solar panel raw materials highlights the project’s complexity and its potential to build new industrial capabilities within the country.
TML Group’s investment demonstrates a powerful commitment to sustainability and a forward-thinking vision. By pivoting from plastic production to renewable energy generation, the company is setting an inspiring example for other businesses in Mongolia and beyond.
If you are interested in learning more about the intricacies of solar energy production, consider enrolling in our free e-course to deepen your knowledge.

Factors shaping India's renewed interest in Mongolia And why China is sure to notice www.caliber.az

The recent four-day state visit of Mongolia’s President Khurelsukh Ukhnaa to India signaled a deeper phase of cooperation between India’s expanding energy ambitions and Mongolia’s growing resource potential, hinting at the emergence of a new strategic axis in Asia.
For India, Mongolia has become a natural strategic partner—its “Third-Neighbor” foreign-policy doctrine aligns seamlessly with New Delhi’s efforts to build new bridges across Eurasia. For Mongolia, India offers not only technological and financial support but also a crucial means of diversifying away from longstanding dependencies, as reported by The Diplomat publication.
At the center of this evolving partnership is India’s largest foreign-development commitment to date: a $1.7 billion line of credit extended to Mongolia in 2018 to build the country’s first oil refinery.
Designed to process 1.5 million tons of crude annually—about 30,000 barrels per day—the refinery is expected to meet between 50 and 66 percent of Mongolia’s demand for refined petroleum products. For a nation heavily reliant on Russian fuel imports, the project is widely viewed as transformative.
Yet beyond the refinery lies a far broader agenda encompassing resource diversification, critical-minerals supply chains, energy-transition cooperation, and new regional connectivity routes—areas that hold both significant opportunity and inherent risk.
During the October visit, the two governments signed 10 memoranda of understanding spanning digital collaboration, cultural exchange, geology, and minerals cooperation. A standout agreement was the MoU on geology and mineral resources, which positions Mongolia as a future export hub for India’s needs in coking coal, copper, and other critical inputs essential to its steel and technology industries.
India’s interest in Mongolian coking coal is unsurprising: as one of the world’s largest steel producers, it depends heavily on imported metallurgical coal. Reducing reliance on Australia and lowering supply-chain vulnerability has become strategically important. Mongolia, whose coal accounts for more than half its exports by volume, is eager to diversify its markets beyond China. The alignment is clear—but the land-locked geography remains a major hurdle, with routes passing through either Russia or China, both of which introduce cost, regulatory complications, and geopolitical sensitivities.
The refinery represents only the first stage of possible cooperation. Future steps could include downstream integration—supplying refined products to Mongolia’s market, exporting surplus fuels to Central Asia or northern China, and eventually expanding to petrochemical manufacturing. For India, exporting engineering expertise, project-execution capabilities, and technical training to Mongolia strengthens its long-term strategic foothold in Eurasia.
As India seeks to secure stable supplies of coal, metals, and rare-earth minerals amid global uncertainty, Mongolia offers a significant—though logistically challenging—alternative. Should India and Mongolia, working with Russia as a transit partner, establish cost-effective transport corridors, analysts suggest the possibility of a “Mongolia-India Raw Materials Bridge.”
Energy transition is another emerging front. Mongolia possesses vast solar and wind potential and recently joined the International Solar Alliance. India brings advanced technical capabilities, strong manufacturing capacity, and an increasingly influential role in global green-energy diplomacy. A partnership in renewables could eventually position Mongolia not only as a domestic clean-energy producer but also as an exporter of green electricity or hydrogen derivatives, with India acting as investor, technology partner, or buyer.
Still, major constraints temper expectations. Mongolia’s challenging geography, severe climate, and dependence on transit through larger powers raise both logistical costs and political risks.
The refinery, while important domestically, is modest in global terms and unlikely to transform the regional energy map alone. Economic data also highlight the scale of the challenge: Mongolia’s trade with India remains minimal—less than 0.5 percent of its total turnover in 2024—while China accounts for 69.7 percent, underscoring just how much ground New Delhi must still cover.
By Nazrin Sadigova

Mongolia Observes Republic Proclamation and First Constitution Anniversary www.montsame.mn

Mongolia commemorated the 101st anniversary of the Proclamation of the Mongolian People’s Republic and the Adoption of the First Constitution on November 26, 2025.
On November 26, 1924, Mongolia became one of the first Asian countries to abolish the monarchical regime and transition into the republican system, a progressive political form of government in the 20th century. With the adoption of its First Constitution, Mongolia replaced the monarchical government with a new system that allowed citizens to establish the government electively and introduced legal provisions based on democratic ideals. Specifically, the country abolished feudal serfdom, declared the natural resources to be the property of the people, and guaranteed the rights of citizens to vote and be elected. Moreover, it laid the foundation for modern parliamentary governance, legislating equal rights for women and men.
The First Constitution of Mongolia consists of six chapters and 50 articles. Article 1 of the First Constitution stipulates, “From now on, the State of Mongolia shall be known as the Mongolian People’s Republic, a fully sovereign and independent state, wherein the supreme power of the state shall be vested in the people, and all the state affairs shall be carried out and decided by the State Great Khural and the Government formed by the Khural, and the people shall reverently comply with and follow the arrangement.”
In accordance with Article 7.3 of the State Ceremonial Procedures, the national flag is traditionally raised at Sukhbaatar Square on public holidays celebrated nationwide. Following this tradition, a flag-raising ceremony was held at the central square today.
The national flag is lowered before sunset. If a nationwide public holiday lasts for more than one day, the flag is lowered on the final day of observance.

Over 200 international ships now sail with Mongolian flag www.gogo.mn

Mongolian officials told the opening of the 34th session of the International Maritime Organization (IMO) Assembly in London that more than 200 ships owned by companies in 25 countries now sail under the Mongolian flag. 
Ambassador B.Enkhsukh led Mongolia’s delegation to the Assembly, which opened November 24 and runs through December 3, and the delegation includes M.Ulzii, Director of Maritime Administration under the Ministry of Road and Transport.  
The IMO is the UN’s specialized agency responsible for maritime safety and preventing ship-sourced pollution; the Assembly, held every two years, approves the organization’s work programm, budget and elects Council members.
Mongolia joined the IMO in 1996 and has since acceded to dozens of maritime treaties, and it operates an open ship registry that enables ships owned or managed in other countries to register under the Mongolian flag.