Erdenes Tavantolgoi JSC Reports MNT 2.5 Trillion in Sales in First Half of 2025

Erdenes Tavantolgoi JSC has released its key performances for the first half of 2025, reporting strong financial performance amid steady export activity. According to the company, 1.3 million tonnes of coal were sold through 20 online trading sessions, generating MNT 2.5 trillion in revenue.

Net profit reached MNT 1.1 trillion, while MNT 742.2 billion was paid in taxes and fees to the state budget, contributing significantly to economic growth and increasing foreign currency inflows.

During the first half of the year, the company mined 13.8 million tonnes of coal, of which 10.2 million tonnes were exported.

Since February 2023, Erdenes Tavantolgoi has sold its coal exclusively through the Mongolian Stock Exchange using an open and transparent cross-border trading system. This approach aims to ensure market-driven pricing and increase Mongolia’s foreign currency earnings.

By the end of the first half of 2025, the company had conducted 135 coal auctions through the stock exchange, selling a total of 26.3 million tonnes under a competitive bidding process aimed at maximizing prices.

As a strategic mining enterprise, Erdenes Tavantolgoi plays a vital role in Mongolia’s economy. Its efforts in transparent coal trading, contribution to the national budget, and commitment to enhancing export competitiveness continue to reinforce its position as a key driver of economic development.