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Oyu Tolgoi ramping up to become one of the world s leading copper suppliers

The Prime Minister of Mongolia, L.Oyun-Erdene, today joined Rio Tinto Chief Executive Jakob Stausholm 1.3 kilometres underground to celebrate the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi Desert. This was followed by a ceremony with Oyu Tolgoi employees and leaders, Government of Mongolia representatives, Oyu Tolgoi Board members and […]

Prime Minister receives IMF delegates

On April 29, Prime Minister of Mongolia L.Oyun-Erdene received the representatives of the International Monetary Fund /IMF/ working group.

Bill to prevent rise in price and shortage of key commodities submitted to Speaker

 On April 5, Prime Minister of Mongolia L.Oyun-Erdene submitted to the Speaker of the Parliament G.Zandanshatar a Bill to prevent the rise in price and shortage of key commodities caused by the international crisis and reduce their impact.

Construction of new pathway for export kicks off

In the framework of the ‘New Revival Policy’, the construction of railway en route Zuunbayan - Khangi kicked off today on March 11. The railway connection is considered to be of high significance as it will create a new route for imports and exports.In his remarks, Prime Minister of Mongolia L.Oyun-Erdene noted that underground mining operations recently commenced at Oyu Tolgoi, and highlighted that the construction project for the 226-km railroad connecting Zuunbayan and Khangi - the second large-scale project being implemented in the framework of the ‘New Revival Policy - is kicking off today based on public-private partnership.  The railway construction work is planned to be completed in a half-year period.While about 50 percent of core export products of Mongolia, such as copper and coking coal, are exported through the Gashuunsukhait border checkpoint, over 70 percent of consumer goods are imported through the Zamiin-Uud border checkpoint. As the Khangi borde

Construction of new pathway for export kicks off

In the framework of the ‘New Revival Policy’, the construction of railway en route Zuunbayan - Khangi kicked off today on March 11. The railway connection is considered to be of high significance as it will create a new route for imports and exports.In his remarks, Prime Minister of Mongolia L.Oyun-Erdene noted that underground mining operations recently commenced at Oyu Tolgoi, and highlighted that the construction project for the 226-km railroad connecting Zuunbayan and Khangi - the second large-scale project being implemented in the framework of the ‘New Revival Policy - is kicking off today based on public-private partnership.  The railway construction work is planned to be completed in a half-year period.While about 50 percent of core export products of Mongolia, such as copper and coking coal, are exported through the Gashuunsukhait border checkpoint, over 70 percent of consumer goods are imported through the Zamiin-Uud border checkpoint. As the Khangi borde

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