Ulaanbaatar
Erdenes Tavan Tolgoi’s Monthly Coal Sales Reach 1.4 Million Tons
Economy
Ulaanbaatar, August 15, 2026 /MONTSAME/. Coal exports have increased following the imposition of a special regime on “Erdenes Tavan Tolgoi” JSC.
The Government of Mongolia imposed a three-month special regime on “Erdenes Tavan Tolgoi” JSC on August 9, 2025, and appointed a team of Special Plenipotentiary Representatives to oversee the company. The team has approved and is currently implementing a strategic plan focused on four key areas: enhancing mining operations, streamlining transportation, boosting sales and improving other core activities.
The Head of the Special Representatives’ team and the Deputy Head of the State Coal and Mineral Resources Commission, Byambasuren Urgamal, presented the progress and outcomes of the work carried out under the special regime during a regular meeting, stating, “In the first half of this year, 85 open electronic trading sessions were held. Of these, 65 were unsuccessful, while 1.3 million tons of coal were sold during the remaining 20 sessions. The price of hard coking coal at Gantsmod Port rose from CNY 700 to CNY 1,000 per ton in early July.
With improved trading operations at the stock exchange, 1.4 million tons of coal were sold through electronic sessions from July to August 11, 2025. Coal exports declined earlier this year, reaching a low of 132,000 tons in June 2025. However, volumes increased in July, doubling to 268,000 tons. Despite the slowdown in June, “Erdenes Tavan Tolgoi” JSC generated USD 90 million in July, followed by an additional USD 210 million from coal export transactions deposited during the first ten days of July and August, contributing to an increase in Mongolia’s foreign exchange reserves.”
The team of Special
Representatives at “Erdenes Tavan Tolgoi” JSC is intensifying efforts in coal
transportation as well as advancing key projects and programs. For instance,
the Inspection Team and Technical Working Group are focused on streamlining
operations at the Tavan Tolgoi Coal Loading Logistics Center, aiming at full
operational capacity.
To optimize the company’s organizational
structure, reduce debt and costs, and improve overall efficiency, the first
step involves eliminating functional overlaps in procurement, with plans to
address other redundancies in subsequent phases. In addition, the medium-term
strategic plan is currently under revision.
