Overview
- Open hearings are running December 8–12 to scrutinize evidence on the Javhlant and Shivee Tolgoi licences and Oyu Tolgoi financing, with multiple witnesses summoned.
- The committee chair said about 51% of the documents provided are marked confidential, limiting what can be shared publicly during the proceedings.
- Oyu Tolgoi representatives told lawmakers that reserve and technical-economic studies are updated on a five-year cycle and that recent updates show reserves trending higher.
- Ontré’s chief executive testified that its permit areas are part of a contiguous deposit with Oyu Tolgoi and that separate extraction would be economically unviable.
- Ulaanbaatar reported milestones including an MOU for a 24.8 km First Ring Road with Erdenes Mongolia funding 15% of the 3.2 trillion MNT cost, installation of 1.6 km of the Tuul‑1 sewer collector toward a 2028 start-up, and an updated $140 million plan for a sludge drying and incineration plant with 250 m3/day capacity.