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29X2

0.63000000 EUR
0.02
3.28%
Last update May 21, 8:16 AM CEST
Main market
Day range
0.63000000
0.63000000
Previous close
0.61000001
Open
0.63000000
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Mongolian Mining Corporation
0.63
0.02
3.28%

Overview

Description

Mongolian Mining Corporation is a notable player in the global mining industry, specializing in the extraction of coking coal, which is a critical raw material in the steel manufacturing process. Based in Mongolia, the corporation operates significant coal mining sites in the Southern Gobi region, an area known for its rich coal reserves. The primary function of Mongolian Mining Corporation is to efficiently and sustainably produce high-grade coking coal, which is then marketed and sold primarily to major steel producers in China, one of the largest markets for coking coal. The corporation plays a vital role in Mongolia's economy, contributing substantially to export revenue and employment. Mongolian Mining Corporation emphasizes the development of infrastructure and logistics to facilitate cost-effective and timely transportation of coal to Chinese border points. By integrating advanced mining technologies and adhering to stringent environmental standards, the corporation positions itself as a responsible and innovative entity within the mining sector. Its operations underscore Mongolia's strategic importance as a resource-rich nation and its expanding influence in the Asian energy and commodity markets.

About

CEO
Dr. Battsengel Gotov
Employees
2559
Address
Central Tower
16th Floor Sukhbaatar District
Ulaanbaatar, 14200
Phone
976 70 122279
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Coking Coal
Country
Germany
MIC code
XBER
Main market

Exchange is currently active.
Closing in 9 hours 52 minutes

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Trading Hours (Monday - Friday):

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