The Cabinet of Mongolia Adopts Resolution on Measures to Increase Coal Exports www.montsame.mn
During its regular session on April 16, 2025, the Cabinet of Mongolia adopted a Resolution on Measures to Increase Coal Exports.
Under the Resolution, Minister of Mongolia and Chair of the National Committee for Port Revival Tulga Buya, the Minister of Road and Transport Delgersaikhan Borkhuu, and relevant officials were instructed to promptly organize the immediate passing of coal, purchased by enterprises that have signed a long-term Coal Sale and Purchase Agreement with "Erdenes Tavan Tolgoi" JSC, through a special gate. The management of "Erdenes Tavan Tolgoi" JSC was also assigned to prepare coal for sale to enterprises that have signed the Agreement, increase production, and carry out shipments smoothly and promptly.
The coal loading and unloading area of Mongolia's main export port, the Gantsmod Port, has been overloading due to enterprises not wishing to sell their coal due to declining coal prices and uncertainty, which is causing the slowdown of exports. In the first quarter of this year, coal exports of Mongolia amounted to 17.5 million tons, a decrease of 3.3 percent compared to the same period last year. In addition, the decline in coal prices is negatively affecting the trading of mining products on the exchange. “Erdenes Tavan Tolgoi” JSC held a total of 47 exchanges on the exchange in the first quarter of this year, of which 12 were successful and 35 were unsuccessful.
Therefore, the Resolution on Measures to Increase Coal Exports was issued by the Cabinet so that the coal sold under the long-term Coal Sale and Purchase Agreement, concluded by the “Erdenes Tavan Tolgoi” JSC, promptly passes through a special border crossing.
Published Date:2025-04-17