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Erdenet Mining Corporation carrying out 5 major projects till 2030
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At the Open Door Days event of the Government of
Mongolia to present activities of the state-owned enterprises, Erdenet Mining
Corporation has introduced its operations to the public. The presentation of
the company included information on its procurement activities and human
resources as well as ongoing projects of the Erdenet Mining Corporation.
Deputy
Director for development issues of the Erdenet Mining Corporation P.Enkhbat:
“The Erdenet Mining Corporation, fully achieving
its goals planned for the first eight months of 2019, has brought in MNT 688
billion to state and local budgets. In addition, millMAX™ pumps produced in the
USA as well as a new line with inert-gas equipment of the WEMCO brand will be
put into operation in a short time at the powder enrichment processing factory.
As reflected in its general development plan for 2017-2030, the Erdenet Mining
Corporation is working to implement five large-scale projects for the duration
of 15 years. These include building copper concentrate enrichment and gas
metallurgical processing plant, introducing new technologies in the open pit
mine and cathode copper plant and re-determine the reserve.
The Erdenet Mining Corporation has been operating as a
state-owned enterprise fully owned by Mongolia since the government’s decision
dated 21 March 2019 to re-establish the Erdenet Mining Corporation as a state-owned
enterprise. Successfully fulfilling its performance plan, the Erdenet Mining
Corporation has earned MNT 688 billion to state and local budgets through sales
totaling MNT 1 trillion 341 billion, as of August 31 this year.
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