EXPORT PERFORMANCE OF MINERAL PRODUCTS REACHES 108 PERCENT

Ulaanbaatar /MONTSAME/. Between December 24-30, 1.011.5 thousand tons of coal were exported by 7.776 trucks, and 1.646 wagons across the border of Mongolia, which is six times higher amount than the same period of 2021.

In 2022, Mongolia exported a total of 30.295.5 thousand tons of coal. The figure shows the increase of 90 percent compared with the same period of 2021.

Copper:  In 2022, 1.409.6 thousand tons of copper concentrate were exported, which is an 11.3 percent growth compared to the same period of 2021.

Iron ore: 10 trucks and 919 wagons, or a total of 4.607.2 thousand tons of concentrate were exported in 2022, which decreased by 35 percent from the same period of 2021.

Gold: The Bank of Mongolia has purchased 22.50 tons of gold as of the third week of December, 2022, which is a 9.4 percent increase compared to the same period of 2021, according to the Ministry of Mining and Heavy Industry.

The total export of mineral products averaged 108 percent. Specifically:

• Coal 168.3%
• Copper concentrate 116.2%
• Iron 91.1%
• Gold 112.5%
• Petroleum 73.5%
• Zinc 137.6%
• Fluorspar 55.9%