| Oil, Gas & Consumable Fuels Industry | Energy Sector | Dr. Battsengel Gotov CEO | XMUN Exchange | KYG6264V1361 ISIN |
| Mongolia Country | 2,559 Employees | - Last Dividend | 26 Aug 2019 Last Split | - IPO Date |
Mongolian Mining Corporation (MMC) is a prominent company primarily engaged in the extraction, processing, transportation, and sale of coking coal products, focusing its operations in China. The corporation prides itself on owning and operating two significant open-pit coking coal mines: the Ukhaa Khudag and the Baruun Naran, both situated in the South Gobi province of Mongolia. Founded in 2010 and headquartered in Ulaanbaatar, Mongolia, MMC has broadened its scope of operations beyond coal production to include various other infrastructure and resource management projects, reflecting its expanding role in Mongolia’s development.
Coking Coal Production: MMC specializes in the mining and processing of high-quality coking coal, a crucial component in steel manufacturing. The company operates two open-pit mines in Mongolia, ensuring a consistent supply of this vital industrial resource.
Railway Project Management: Beyond mining, MMC is involved in the management of railway projects. This includes the planning, construction, and oversight of rail infrastructure, crucial for the efficient transportation of coal and other goods across regions.
Airport Operation and Management: The company extends its expertise to the aviation sector by operating and managing airport facilities. This diversification highlights MMC's role in enhancing Mongolia's transport infrastructure and connectivity.
Water Exploration and Supply Management: Addressing the essential need for water in its mining operations and the surrounding communities, MMC actively engages in water exploration and the management of water supply systems, ensuring sustainability and environmental responsibility.
Power Supply Project Management: MMC is also involved in managing projects related to power supply. This includes the development and maintenance of infrastructure necessary to meet the energy needs of its mining operations and adjacent areas.
Coal Mine Exploration and Development: In its quest to sustain and expand its operations, MMC continuously explores and develops new coal mining opportunities. This proactive approach ensures long-term viability and growth of the company.
Machinery Equipment Trading: In addition to its primary mining activities, MMC is engaged in the trading of coal and machinery equipment. This facet of the business allows for the optimization of operations and the generation of additional revenue streams.