Overview
- Lawmakers scheduled the temporary oversight committee’s report and draft resolution on Oyu Tolgoi for plenary debate, following audits and open hearings on boosting Mongolia’s benefits from the deposit.
- The draft drew differing views in committee over language on potential licence cancellation and scrutiny of adjacent ‘Javkhlant’ and ‘Shivee Tolgoi’ licences, as well as proposals to revisit deep‑groundwater use in production.
- A government inventory confirmed 2,775 valid mineral licences held by 1,772 entities and about 1.4 trillion MNT in AMNAT arrears owed by 496 companies; the prime minister pressed for faster identification of political and business links and flagged export continuation despite arrears as a loophole.
- Separately, the government placed 33 state entities on a 2026–2028 path for public share sales or restructuring, naming major firms including MIAT, State Bank, Mongolian Stock Exchange, Erdenes Tavantolgoi and Erdenet.
- Erdenet reported preliminary 2025 records with 4.6 trillion MNT in sales and 693.1 billion MNT net profit, while Ulaanbaatar approved its 2026–2030 plan under the ‘20‑minute city’ concept, opened the ADB/EIB‑funded Tolgoit handicrafts incubator, and a 2024 human‑trafficking report was published with U.S. support.