EXPORT OF MINERAL PRODUCTS REACHES 70 PERCENT

Ulaanbaatar /MONTSAME/. The total performance of Mongolia’s export of mineral products is currently at 70 percent. Specifically, the export of coal is running at 98.9 percent, copper concentrate --87.7 percent, iron--59.8 percent, gold -- 68.8 percent, and zinc-- 103.8 percent, reported the Ministry of Mining and Heavy Industry.

On September 16-22, freight transportations were done by 1316 trucks and 402 containers per day. During these days, 1,028.9 thousand tons of coal were exported, increased by 403.2 percent or 4 times compared to the same period of the previous year. From the beginning of the year, 17,793.0 thousand tons of coal were exported, which showed an increase of 5,756.8 thousand tons or 48 percent compared to the same period of the previous year. 1,063.2 thousand tons of copper concentrate have been exported, which is an increase of 8 percent compared to the same period last year.

As for iron ore and concentrate, a total of 3,024.9 thousand tons were exported from the beginning of the year, decreased by 48 percent compared to the same period last year.

As of September 22, the Central Bank has purchased 13.75 tons of gold since the beginning of this year.

Source: https://montsame.mn/en/read/304614