The "Black Gold" of Mongolia: The Erdenes Tovkhon-Tolgoi Joint Stock Company, a pillar enterprise and world-class high-quality coking coal company, sold 2.4 million tons of coal in November.
Montsame, Ulaanbaatar, December 01st - According to the Erdenes Tovkhon-Tolgoi Joint Stock Company, despite the sluggish coal market and reduced sales and export volumes, the Erdenes Tovkhon-Tolgoi Joint Stock Company assessed the market situation and improved the organization of sales and transportation logistics and took measures to increase coal exports, achieving the highest sales revenue since 2025 in the previous month.
By activating exchange transactions, there were 28 transactions in November, with a total of 2.47 million tons of coal traded, amounting to 178.7 million US dollars. Of the traded coal, 67% was 1/3 coking coal, 26% was thermal coal, and 7% was refined coal.
The company adheres to the principle of "not selecting the type", and since July this year, it no longer prioritizes the sale of hard coking coal but has increased the sales of semi-coking coal and thermal coal. The monthly wagon loading record created by the company in the past 15 years was also updated to 3.39 million tons in November 2025, an increase of 8.3% compared to the previous record. Due to the increased wagon loading at the mine, the value-added coal exports under border conditions traded on the exchange reached 1.29 million tons, setting a new high since the coal trading started on the exchange in 2023.
Original article: toutiao.com/article/1850298695880704/
Statement: This article represents the personal views of the author.