Ulaanbaatar, Mongolia, June 5, 2025—The International Finance Corporation (IFC) and the Financial Regulatory Commission (FRC) of Mongolia have renewed their partnership to further advance sustainable finance in Mongolia by signing a new Memorandum of Understanding (MOU). This agreement also marks the launch of the second phase of the IFC Green Finance Market Development Project.
Copper prices surged to a two-month high of 9,800 USD per ton on Thursday, driven by a sharp decline in inventories on the London Metal Exchange (LME). By Friday, prices had eased slightly to 9,739.50 USD per ton.

A signing ceremony was held today at the Ministry of Roads and Transport for the enterprise agreement on the construction of the Gashuunsukhait–Gantsmod cross-border railway. This agreement marks a significant milestone in developing a new railway link connecting Mongolia and China through the Gashuunsukhait–Gantsmod border crossing.