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Mongolia shipped 11.33-million metric tons of coal to China in April, a 61% year-on-year surge that narrowly edged out Indonesia's 11.12-million tons and marked the first time the landlocked nation has topped the monthly rankings. Over the first four months of the year, Mongolian coal shipments to China rose 61% to 39.37-million tons, driven by improved border logistics and higher domestic output in Indonesia reducing the competitiveness of its lower-grade cargoes.
China aims to boost Mongolia trade to $20-billion despite dependence concernsMongolia hopes to lift two-way trade with China by more than 10% to $20-billion this year, President Ukhnaa Khurelsukh told Chinese Foreign Minister Wang Yi during his first visit to Ulaanbaatar in nearly four years. The target underscores Mongolia's deepening economic reliance on its southern neighbour, which takes more than 80-million tons of Mongolian coal annually and is set to absorb rising copper output as a second cross-border railway link nears completion.
Protests briefly disrupt Rio Tinto copper exports from Oyu Tolgoi mineRio Tinto resumed copper concentrate shipments from its vast Oyu Tolgoi mine on June 18 after protesters blockaded a key haulage road for a day, preventing trucks from reaching the Chinese border. The mine, in which Rio holds a 66% stake and the Mongolian government 34%, remains controversial as Ulaanbaatar seeks to renegotiate loan terms and management fees it deems unfair.
Mongolia Updates
China's imports of coking coal, a steelmaking ingredient, are set to rise further this year after a fatal mine accident reduced domestic supply, traders said. Chinese importers have turned to...
Mongolia hopes to boost trade by more than a tenth this year with China, the biggest destination for its exports of coal and minerals, setting a target that will further boost economic dependence...
Rio Tinto Group has resumed exports of copper concentrate from its vast Oyu Tolgoi copper mine in Mongolia following a short protest. The protesters began a blockade of a key road on Wednesday...
A protest at Rio Tinto Group’s massive Oyu Tolgoi copper mine in Mongolia is threatening deliveries of concentrate, according to a social media post from the company’s local subsidiary. The...
ASX-listed Jade Gas Holdings has announced approval of its maiden reserves by the Mongolian Minerals Reserves Council (MRC) for its Tavan Tolgoi Coal Bed Methane (TTCBM) project, representing the...
The Shanxi coal disaster is likely to hit Chinese output in the short term, raising costs for steelmakers, power plants and chemicals manufacturers. The explosion at a coking coal mine that killed...
China's coal imports from Mongolia surged 61% in April, propelling it ahead of Indonesia, which is traditionally the world's largest coal exporter and has long been China's top supplier of the...
Rio Tinto aims to open Arizona's Resolution Copper mine by the mid-2030s but may need to export some of its copper concentrate due to the challenging economics of smelting in the US, a senior...
Mongolia is seeking to renegotiate the "unfair" commercial terms of mining giant Rio Tinto's $18-billion Oyu Tolgoi copper mine, the Financial Times reported on Monday. Mongolia's Prime Minister...
After merger talks with diversified miner and trader Glencore fell short on valuation, diversified major Rio Tinto moved to emphasise that its copper growth strategy is already being delivered...
Canada used the global stage at the Prospectors and Developers Association of Canada (PDAC) Convention to sharpen its pitch as a critical minerals superpower, unveiling new funding vehicles,...
After merger talks with diversified miner and trader Glencore fell short on valuation, diversified major Rio Tinto moved to emphasise that its copper growth strategy is already being delivered...
Rio Tinto on Thursday reported flat annual earnings that missed expectations as weaker iron-ore prices weighed on its core business, while stronger copper prices and higher output helped limit the...
Diversified miner Rio Tinto reported robust production results for 2025, highlighted by an 8% year-on-year increase in copper-equivalent output. The strong performance was driven by the company’s...
A near 9% drop in copper prices in the last two days reflects a return to reality for a market whose recent surge to record highs had run ahead of fundamentals, analysts said - with more losses...
Diversified miner Rio Tinto reported robust production results for 2025, highlighted by an 8% year-on-year increase in copper-equivalent output. The strong performance was driven by the company’s...
Project developer Novagold Resources has bolstered its development team for the Donlin Gold project in Alaska with the appointment of veteran mining executive Frank Arcese as project director, as...
Guinea's Simandou mega mining project, promoted by the military government as a symbol of the country's economic transformation, is laying off thousands of workers just as it begins exporting...
A Russian court has ruled in favour of Rusal in the aluminium giant's 104.75-billion-rouble ($1.32-billion) lawsuit against global mining and metals company Rio Tinto, according to court...
Commodities major Rio Tinto is opening the door to as much as $10-billion in divestments as part of a strategy reset aimed at sharpening its portfolio, lifting productivity and delivering...
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