1 EIB GLOBAL SIGNS MEMORANDUM OF UNDERSTANDING WITH MONGOLIA TO UNLOCK UP TO EUR 1 BILLION FOR CLEAN ENERGY TRANSITION WWW.MONTSAME.MN PUBLISHED:2025/10/15      2 URANIUM SUPPLIES, MEGA REFINERY, DEFENCE IN FOCUS AT INDIA-MONGOLIA MEETING WWW.HINDUSTANTIMES.COM PUBLISHED:2025/10/15      3 MONGOLIA SEES INCREASE IN NEWBORN LIVESTOCK SURVIVAL WWW.MONTSAME.MN PUBLISHED:2025/10/15      4 MONGOLIA AND EUROPEAN INVESTMENT BANK TO PEN COOPERATION AGREEMENT FOR 1 BILLION EUROS WWW.AKIPRESS.COM PUBLISHED:2025/10/15      5 2 DIE IN SUSPECTED CARBON MONOXIDE POISONING IN MONGOLIA'S CAPITAL WWW.XINHUANET.COM PUBLISHED:2025/10/15      6 INDIA, MONGOLIA INK 10 PACTS, TIES ELEVATED TO STRATEGIC PARTNERSHIP WWW.INDIANEXPRESS.COM  PUBLISHED:2025/10/15      7 INDIA-BACKED OIL REFINERY IN MONGOLIA TO BEGIN OPERATIONS BY 2028 WWW.DECCANHERALD.COM PUBLISHED:2025/10/15      8 TROY MINERALS INCHES CLOSER TO MINE PERMIT AT SILICA PROJECT IN MONGOLIA WWW.INVESTINGNEWS.COM PUBLISHED:2025/10/15      9 CENTRAL BANK DISCUSSES FUTURE OF DIGITAL PAYMENTS IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2025/10/15      10 TEACHERS TO GO ON STRIKE STARTING THURSDAY WWW.GOGO.MN PUBLISHED:2025/10/15      БАГАХАНГАЙ-ХӨШИГИЙН ХӨНДИЙ ЧИГЛЭЛИЙН ТӨМӨР ЗАМЫН ТӨСЛИЙН САНХҮҮЖИЛТИЙГ ШИЙДВЭРЛЭВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/15     "МАН-ЫН БҮЛГИЙН ДАРГААР Ж.БАТЖАРГАЛЫГ СОНГОЛОО" WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/15     ТАМХИНЫ ХЭРЭГЛЭЭНЭЭС ШАЛТГААЛСАН МОНГОЛЫН ЭДИЙН ЗАСГИЙН АЛДАГДАЛ 800 ТЭРБУМ ТӨГРӨГ ДАВЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/15     Б.ЖАВХЛАН: ТӨСВИЙН ЕРӨНХИЙЛӨН ЗАХИРАГЧ БҮРИЙН ЗАРДЛЫГ 10 ХУВИАР БУУРУУЛЖ, ЦАЛИН, ТЭТГЭВЭР НЭМЭХ САНХҮҮЖИЛТИЙГ ШИЙДНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/15     ЕРӨНХИЙ САЙДЫГ ОГЦРУУЛАХ ЭСЭХ АСУУДЛААР ТББХ МАРГААШ 09.00 ЦАГТ ХУРАЛДАНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/15     Н.УЧРАЛ: ЯАМД ШАЛГУУР ҮЗҮҮЛЭЛТЭЭ АХИУЛСАН УУ ГЭДЭГ ҮР ДҮНГ ХАРНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/10/15     МОНГОЛ УЛСЫН ЕРӨНХИЙЛӨГЧ У.ХҮРЭЛСҮХ, БҮГД НАЙРАМДАХ ЭНЭТХЭГ УЛСЫН ЕРӨНХИЙ САЙД НАРЕНДРА МОДИ НАР АЛБАН ЁСНЫ ХЭЛЭЛЦЭЭ ХИЙЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/10/15     "ОЮУ ТОЛГОЙ" ХХК МЭДЭГДЭЛ ГАРГАВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/15     ЕБС-ЫН СУРАГЧИД ЭНЭ САРЫН 20-24 ХҮРТЭЛ ТАНХИМААР ХИЧЭЭЛЛЭХГҮЙ WWW.NEWS.MN НИЙТЭЛСЭН:2025/10/15     ОРОН СУУЦНЫ ҮНИЙН ИНДЕКС БА ЗАХ ЗЭЭЛИЙН ТӨЛӨВ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/10/15    

Revenues from mineral resources drop by 33.8 percent in Q1 www.zgm.mn

According to the National Statistics Office (NSO), state budget revenue declined by 8.6 percent to MNT 2.2 trillion in the first quarter from a year ago. In particular, revenue from mineral resources dropped by 33.8 percent to MNT 483 billion compared to the same period of the previous year. Ministry of Mining and Heavy Industry reported that the mining sector comprises 21.7 percent of state budget revenue. Gold, iron ore and fluorspar industries’ contribution to taxes and fees have increased. Specifically, gold rose by 2.3 times, iron by 3.6 times and fluoride by 11.4 percent. In addition, the crude oil sector accumulated MNT 21.3 billion to the mining general budget in the first three months. Moreover, Iron ore prices in the global market were relatively stable compared to the same period of the previous year, which can be influenced by the increase in exports of these products. Mongolia mainly exports fluoride to Russia and China. According to the fluoride exporter, Baylag Jonsh LLC, exports to the Russian market in the Q1 continued normally. Besides, Mongolia exported 3.1 million tons of coal, downturned by 59.8 percent year on year. In monetary terms, it fell by 39 percent to USD 250.6 million. Exports are recovering; however, the target to export 42 million tons of coal this year is likely to decline. Furthermore, copper concentrate export lowered by 15.2 percent to 306,600 tons. It dropped by 68 percent to USD 351.2 million notably due to the COVID-19 pandemic.



Published Date:2020-04-21