The Mongolian Mining Journal

IFC AND FRC EXPAND PARTNERSHIP TO BUILD SUSTAINABLE FINANCE MARKET IN MONGOLIA 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.

MONGOLIAN GOVERNMENT BOND PRICES REBOUND SLIGHTLY AFTER POLITICAL UNCERTAINTY Mongolian government bonds traded on international markets have shown a modest recovery following a sharp decline on May 23. The downturn was triggered by the Mongolian People's Party's (MPP) decision to expel the Democratic Party from the coalition government, announced during a conference on May 22.

PDAC announces 2025 Awards recipients The Prospectors & Developers Association of Canada (PDAC) is proud to announce the recipients of its 2025 PDAC Awards. Since the awards were established in 1977, they have been a symbol of excellence, recognizing individuals, teams, and organizations that have made significant contributions to the global mining industry.

D. KHASHBAT: NEW LITHIUM MINERALIZATION POINTS IN CENTRAL AND WESTERN REGIONS IDENTIFIED Lithium has emerged as an important mineral in Mongolia’s mining sector, because of increasing global demand. Responding to market trends, both domestic and foreign investors are increasingly focusing on lithium exploration in Mongolia, leading to the discovery of new deposits. To gain insights into this development, I interviewed D. Khashbat, a teacher at the School of Geology and Mining of the Mongolian University of Science and Technology (MUST) and Senior Advisor at Critical Minerals Mongolia LLC.