Executives of Erdenes Tavantolgoi JSC presented the company’s 2025 operational report, its 2026 business plan, and expected performance indicators to journalists.

Last year, the company mined 30.2 million tonnes of coal, of which 27.6 million tonnes were sold, generating revenue of USD 1.7 billion. It contributed MNT 1.6 trillion in taxes to the State Budget of Mongolia.

Despite a downturn in the coal market and falling prices in 2025, the company reported a net profit of MNT 1.1 trillion. It also contributed to increasing Mongolia’s foreign exchange reserves and decided to distribute MNT 786.6 billion in dividends to its shareholders.

In addition, value-added projects — including a coal beneficiation plant, the Tavantolgoi coal loading logistics center, the Zagiin Water Pipeline, and a coal transport conveyor system — have been commissioned. These projects are expected to enhance resource utilization and create conditions for long-term, efficient, and sustainable operations.

For this year, the company plans to mine 35 million tonnes of coal and sell 32.9 million tonnes, with projected revenue of MNT 7.9 trillion, officials noted.

Published Date:2026-02-27