Erdenes Tavantolgoi JSC continues to strengthen Mongolia’s coal market through active and transparent trading. Recently, the company successfully sold 32,000 tons of thermal coal, equivalent to five lots, at USD 46.20 per ton. The transaction occurred through the Mongolian Stock Exchange, attracting strong interest from buyers.
Two participants joined the trade, agreeing to receive the coal at the Gashuunsukhait-Gantsmod border point of China. This approach reflects Erdenes Tavantolgoi JSC’s commitment to fair trading practices and accountability. By ensuring open and verifiable processes, the company builds confidence among investors and international partners.
During the first half of this year, Erdenes Tavantolgoi JSC conducted 20 electronic trading sessions. Through these sessions, the company sold 1.3 million tons of coal and generated MNT 2.5 trillion in revenue. Out of this revenue, MNT 1.1 trillion represented net profit, demonstrating strong financial management and operational efficiency.
Moreover, the company contributed MNT 742.2 billion in taxes to the state budget, supporting national economic growth and increasing foreign currency reserves. Its operations also included extracting 13.8 million tons of coal and exporting 10.2 million tons, meeting both domestic needs and international demand.
Since early 2023, Erdenes Tavantolgoi JSC has exclusively sold coal through the Mongolian Stock Exchange. This transparent system guarantees that all transactions follow strict border-delivery conditions. As a result, buyers can trust the process, and the company strengthens its international reputation.
In addition, Erdenes Tavantolgoi JSC actively monitors market trends to adjust its trading strategy. The company emphasizes timely delivery, quality control, and customer satisfaction. These measures ensure sustainable growth and long-term partnerships with both domestic and international clients.
Overall, Erdenes Tavantolgoi JSC plays a crucial role in Mongolia’s energy and mining sector. By maintaining open trading practices, the company supports economic growth, generates revenue, and promotes stable foreign relations. Its consistent performance highlights the potential of Mongolia’s coal industry on the global stage and demonstrates how strategic operations can strengthen national economic stability.
