1 MONGOLIA RECEIVES NATIONAL PRODUCTIVITY MASTER PLAN (2026–35) TO DRIVE PRODUCTIVITY-LED GROWTH, RESILIENCE, AND SHARED PROSPERITY WWW.GLOBALNEWSWIRE.COM PUBLISHED:2026/01/29      2 78 FOREIGN NATIONALS FROM 12 COUNTRIES DEPORTED FROM MONGOLIA WWW.GOGO.MN PUBLISHED:2026/01/29      3 JAPANESE MILITARY MAPS REVEAL FIRST LOOK AT THE HIDDEN GREAT MONGOLIAN ROAD WWW.INDIANDEFENCEREVIEW.COM PUBLISHED:2026/01/29      4 SILVER ELEPHANT ANNOUNCES FAVORABLE TAX TRIBUNAL RULING IN MONGOLIA WWW.INVESTINGNEWS.COM PUBLISHED:2026/01/29      5 MELTING RESERVES OF POWER: MONGOLIA’S GLACIERS AND THE FUTURE OF ENERGY AND FOOD SECURITY WWW.RELIEFWEB.INT PUBLISHED:2026/01/28      6 MONGOLIA CONSTRUCTION INDUSTRY REPORT 2025: OUTPUT TO GROW AT AN AAGR OF 4.3% BETWEEN 2026-2029, SUPPORTED BY INVESTMENTS IN TRANSPORTATION, ELECTRICITY, AND INFRASTRUCTURE - RESEARCHANDMARKETS.COM WWW.BUSINESSWIRE.COM PUBLISHED:2026/01/28      7 EMERGING CHANGES IN THE METHODS AND TACTICS OF HUMAN TRAFFICKING WWW.GOV.MN PUBLISHED:2026/01/28      8 MONGOLIA PLANS TO PRODUCE 90 MILLION TONS OF COAL THIS YEAR WWW.MONTSAME.MN PUBLISHED:2026/01/27      9 MINING SECTOR WEEK OPENS, PLANNED LEGAL REFORMS OUTLINED WWW.MONTSAME.MN PUBLISHED:2026/01/27      10 13 PEOPLE FREEZE TO DEATH IN MONGOLIA IN JANUARY WWW.XINHUANET.COM PUBLISHED:2026/01/27      МАНАЙ УЛС ДАХЬ ХАМГИЙН УРТ БУЮУ 12.6 КМ ДАМЖУУРГЫГ АШИГЛАЛТАД ОРУУЛЖЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2026/01/29     ББСБ-УУДЫН ХЭРЭГЛЭЭНИЙ БОЛОН ЦАХИМ ЗЭЭЛИЙН ДАВХАРДЛЫГ БУУРУУЛАХ ШИЙДВЭР ГАРЛАА WWW.ITOIM.MN НИЙТЭЛСЭН:2026/01/29     НИСЭХ БУУДЛЫН ӨРГӨТГӨЛИЙГ ЯАРАЛТАЙ ЭХЛЭХ ШААРДЛАГАТАЙГ ДАХИН ТОДОТГОВ WWW.MONTSAME.MN НИЙТЭЛСЭН:2026/01/29     “ЗЭРЛЭГ АДУУГ ДАХИН НУТАГШУУЛАХ” ТӨСӨЛ ХЭРЭГЖИНЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2026/01/29     МОНГОЛ УЛСЫН ГАДААД ПАСПОРТ ХҮЧИРХЭГ БАЙДЛААРАА 73-Т ЖАГСЖЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/29     АНУ-ЫН ХУДАЛДАА, ХӨГЖЛИЙН АГЕНТЛАГ МОНГОЛД 2.2 САЯ ДОЛЛАРЫН БУЦАЛТГҮЙ ТУСЛАМЖ ҮЗҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/29     ЗЭСИЙН БАЯЖМАЛЫН ҮЙЛДВЭРИЙН ТӨСЛИЙН ХАМТРАГЧИЙГ ЭНЭ ОНЫ I УЛИРАЛД ШАЛГАРУУЛНА WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/29     АЖ ҮЙЛДВЭРИЙН САЛБАРЫН НИЙТ ҮЙЛДВЭРЛЭЛ ӨМНӨХ ОНЫ МӨН ҮЕЭС 4.8 ХУВИАР ӨСӨВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/28     ЗГ: ЗЭС ХАЙЛУУЛАХ ҮЙЛДВЭРИЙН СОНГОН ШАЛГАРУУЛАЛТЫН ТАЛААР МЭДЭЭЛНЭ WWW.NEWS.MN НИЙТЭЛСЭН:2026/01/28     12 УЛСЫН 78 ИРГЭНИЙГ АЛБАДАН ГАРГАВ WWW.EAGLE.MN НИЙТЭЛСЭН:2026/01/28    

MMC Operational update www.mmc.mn

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for
the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim
any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents
of this announcement.
MONGOLIAN MINING CORPORATION
(In Provisional Liquidation)
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 975)
OPERATIONAL UPDATE
FOR THE QUARTER ENDED 31 MARCH 2017
The board of directors of the Company (the “Board”) has adopted a policy of announcing
unaudited operational updates on a quarterly basis. This announcement sets out the unaudited
operational update for the quarter ended 31 March 2017. The comparative numbers for the quarter
ended 31 March 2016 are also disclosed in this announcement.
Table 1. Main operational data for the quarter ended 31 March 2017:
Item Unit The quarter ended 31 March
Year on Year
change (%)
2016 2017
ROM coal mined kt 431.1 1,644.8 282%
ROM coal processed kt 521.0 1,547.8 197%
HCC product kt 255.3 797.3 212%
HCC product yield % 49.0% 51.5% +2.5 ppt
HCC product sold kt 211.5 798.1 277%
The main operational data summarized and shown above in Table 1 are derived from the internal
records of the Group and are intended to give investors an overview of the Group’s operations in a
timely manner and may differ from the data disclosed in periodic reports of the Company.
In the quarter ended 31 March 2017, the Group’s mine production increased by 282% as compared
to the corresponding period of 2016 with quarterly run-of-mine (“ROM”) coal mining output
achieving 1,644.8 thousand tonnes (“kt”).
Total 1,547.8 kt of ROM coal was processed, representing 197% increase compared to the
corresponding period of 2016 and resulting in the production of 797.3 kt of washed hard coking
coal (“HCC”) product at 51.5% yield.
2
The Group sold a total of 798.1 kt of HCC product in the first quarter of 2017, representing 277%
increase compared to the corresponding period of 2016.
The aforesaid operational data are not an express or implied forecast or guarantee in respect of the
Company’s future operating conditions.
In addition, various factors may affect results, including (but not limited to) acts of the God,
changes in market conditions and regulatory interferences, as such material differences may exist
in the operational data published from quarter to quarter.
Investors should note that undue reliance on or use of the above information may cause
investment risks.
For and on behalf of the Board
Mongolian Mining Corporation
(In Provisional Liquidation)
Odjargal Jambaljamts
Chairman
Hong Kong, 27 April 2017
As at the date of this announcement, the board of directors of the Company consists of
Mr. Odjargal Jambaljamts and Dr. Battsengel Gotov, being the executive directors of the Company,
Dr. Oyungerel Janchiv, Mr. Od Jambaljamts and Mr. Gankhuyag Adilbish, being the non-executive
directors of the Company, and Dr. Khashchuluun Chuluundorj, Mr. Unenbat Jigjid and Mr. Chan
Tze Ching, Ignatius, being the independent non-executive directors of the Company.



Published Date:2017-04-27