Ts.Tuvaan, Minister of Industry and Minerals, announced that trading on Mongolia’s mining exchange is set to resume soon following key regulatory adjustments.
"We have made changes to the exchange regulations," the Minister stated. "For example, we have developed and revised a price index that fluctuates in accordance with coal prices. When coal prices were high, exchange trading under strict conditions proceeded smoothly. However, when prices declined, maintaining rigid requirements over an extended period caused significant financial losses for buyers. This, in turn, led to a slowdown in coal withdrawals, resulting in excessive stockpiling at the border and logistical congestion".
To address this issue, the Ministry introduced a dynamic price index that adjusts based on market trends. This revision has already led to promising results, with the first round of trading generating purchase orders for one million tons of coal. If this trend continues, it is expected that mining exchange operations will fully resume in the near future.

Published Date:2025-03-26