Erdenes Tavan Tolgoi Reports MNT 1.5 Trillion Net Profit

On 2 November 2026, Mongolia’s state-owned coal company Erdenes Tavan Tolgoi reported net profit of MNT 1.5 trillion through the third quarter of 2026, approximately 50% above its MNT 1 trillion annual plan. The company reported coal sales of 28.1 million tonnes during the first ten months, while first-nine-month revenue reached approximately US$1.964 billion. HPC can help mining equipment suppliers, industrial service companies and logistics providers identify procurement needs and build commercial relationships with Mongolia’s mining sector.