PKF-IFS Mongolia

News

Home News COAL EXPORTS INCREASED BY 61.5 PERCENT

COAL EXPORTS INCREASED BY 61.5 PERCENT

Ulaanbaatar /MONTSAME/. Between October 14-20, the mining industry exported 1,047.1 thousand tons of coal through 8,228 vehicles and 1,250 containers, which is 1.6 times more than the same period of the previous year.

 

As reported by the Ministry of Mining and Heavy Industry, 21,588.1 thousand tons of coal have been exported since the beginning of the year, showing a 61.5 percent increase from the same period of the previous year.

 

During the above period, the mining industry exported 1,161.7 thousand tons of copper concentrate by 328 cars and 78 containers, an increase of 5 percent compared to last year. As for iron ore and concentrate, 3,656.6 thousand tons were exported from the beginning of the year, a decrease of 42 percent compared to the same period last year.   

 

As of October 20, the Central Bank’s total purchase of gold this year has reached 16.31 tons.

 

 

The export performance of mineral products averaged 81.3 percent. In particular, coal was 119.9 percent, copper concentrate 95.8 percent, iron 72.3 percent, gold 81.6 percent, oil 45.5 percent, zinc 115.7 percent, and fluoride 38.7 percent.

PKF-IFS Mongolia LLC member of PKF International

PKF-IFS Mongolia LLC is a member firm of the PKF International Limited family of legally independent firms and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms.

"PKF" and the PKF logo are registered trademarks used by PKF International and member firms of the PKF International Network. They may not be used by anyone other than a duly licensed member firm of the Network.