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Mongolia - Latest News/Current Events, Economic Overview & Trade Relations

AEI | Quick Facts about Mongolia

Official Name Mongolia
Capital Ulaanbaatar
Location Northern Asia, between China and Russia
Area total: 1,564,116 sq km
Climate desert; continental (large daily and seasonal temperature ranges)
Terrain vast semidesert and desert plains, grassy steppe, mountains in west and southwest; Gobi Desert in south-central
Mongolia
Mongolia

Rosatom Inks Peaceful Atom Accord with Mongolia

Russia's atomic energy state corporation, Rosatom, and the Mongolian Nuclear Regulatory Authority have agreed to increase cooperation.

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Mongolia

Shenhua Energy Gets Approval for Railway Project

China's Shenhua Energy Co., nation's biggest coal supplier, received approval for $725 million railway project that would ameliorate transportation bottlenecks and help ensure adequate supplies.

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Mongolia

Sedgman secures Energy Resources Mine Contract in Mongolia

Sedgman, a mineral processing solutions provider, has won a $20 million contract from Mongolia's Energy Resources.

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Mongolia

Standard Chartered Opens First Village Bank In Inner Mongolia

Standard Chartered PLC (STAN.LN) said it opened its first village bank Wednesday in north China's Inner Mongolia Autonomous Region.

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Mongolia

Over 60,000 Livestock Die In Hard Winter In Mongolia

More than 60,000 livestock have died from hunger and cold in Mongolia's western provinces this winter, local media said Monday.

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Mongolia

Mongolia Expects Economic Success With Mineral Exploitation

In southern Mongolia, a large mine in Oyutolgoi is believed to have copper reserves worth about170 billion U.S. dollars and a coal mine in Tavantolgoi has reserves of more than 6.4 billion tons. Both are awaiting exploitation.

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