According to the quarterly report disclosed by Mongolian Mining Corporation, in the fourth quarter of 2023, the raw coal output of Mongolian Mining Corporation and its subsidiaries was 3.0803 million tons, a year-on-year increase of 7% and a month-on-month decrease of 12%.
Coking raw coal processing volume was 3.3668 million tons, a year-on-year increase of 10%, and a month-on-month decrease of 14%; coking clean coal output was 1.7123 million tons, a year-on-year increase of 17%, and a month-on-month decrease of 11%; coking clean coal sales were 1.7441 million tons, a year-on-year increase of 18% , unchanged month-on-month.
In 2023, the total raw coal output of Mongolian Mining Company and its subsidiaries was about 14.6 million tons, a year-on-year increase of 156%; the coking raw coal volume was 14.1 million tons and approximately 6.7 million tons of coking clean coal was produced, a year-on-year increase of 122%; coking clean coal sales were 6.7 million tons. million tons, a year-on-year increase of 78%.
Mongolia Mining Company is the only comprehensive exporter of washed coking coal in Mongolia that integrates mining, processing, transportation, sales and marketing. The company owns and operates two open-pit coking coal mines – the Ukhaa Khudag (UHG) coal mine and the Baruun Naran (BN) coal mine, both located in Mongolia’s South Gobi Province.
