A preliminary economic assessment puts the after-tax NPV of the southwest Mongolia project at US$745 million, with a 34-year mine life and a 16.1% IRR.
Parliament approved a MNT 4.8 billion contribution to IDA21, turning Mongolia, which received more than US$1.62 billion from IDA since 1991, into a donor.
On October 16, 2026, the State Great Khural adopted amendments to the Minerals Law that double the share of mineral royalties allocated to the Unified Local Development Fund and bring copper royalties in line with international practice. Nine of 11 accompanying bills passed; two environmental bills were sent back.
An anniversary national wrestling tournament in Darkhan features 128 titled wrestlers, with all 13 holders of Mongolia’s national champion title attending.
