Triple Increase of Coal ExportEconomy
Ulaanbaatar, June 10, 2023 /MONTSAME/. According to the Ministry of Mining and Heavy Industry, over 9,000 trucks of coal were exported from May 26 until the beginning of June. During the same period, 950 containers of coal crossed the border, as well as more than a thousand driverless smart AGV transportations were made.
The above transports exported 1,134.0 thousand tons of coal in total. Compared to the same period of the last year, coal exports increased by 107 percent. Since the beginning of the year, 24,049.4 thousand tons of coal have been exported, and coal export has increased by 18,194.5 thousand tons or three times from the same period of the previous year.
Copper concentrate: 384 trucks and 224 containers were exported. Since the beginning of the year, a total of 630.2 thousand tons have been exported, which is an increase of 2 percent from the same period of the last year.
Iron ore and concentrate: 27 trucks and 1,830 containers crossed the border. Since the beginning of the year, a total of 2,232.6 thousand tons have been exported, which is an increase of 56 percent from the same period of the last year. In the last week, 130.8 thousand tons of iron ore and concentrates crossed the border.
Total export of mineral products: 52 percent performance on average. For example, 65.9 percent of coal, 45.1 percent of copper concentrate, 26.5 percent of iron, 28.3 percent of gold, 30.6 percent of oil, 83.6 percent of zinc, and 84.1 percent of fluoride.
A total of 1.5 million tons of coal was sold in the first five months of the year. Out of this, "Erdenes Tavantolgoi" JSC traded 1.0 million tons of coal online for USD 126.7 million and increased its income by USD 37.7 million.