en.Wedoany.com Reported - On June 8, 2026, Duan Xiangdong, Chairman of Aluminum Corporation of China (hereinafter referred to as "Chinalco"), held talks at Chinalco's headquarters in Beijing with a visiting delegation led by Nomtayar, Deputy Prime Minister of Mongolia. The two sides exchanged views on further deepening cooperation in coking coal trade, resource development, and logistics corridor construction. Dong Jianxiong and Wei Chengwen, Vice Presidents of Chinalco, along with relevant department heads, as well as advisors to the Mongolian Deputy Prime Minister and staff from the Mongolian Embassy in China, attended the meeting.
Founded in 2001 and headquartered in Beijing, Chinalco is China's largest non-ferrous metals enterprise, with businesses covering the exploration, mining, smelting, and trading of resources such as aluminum, copper, rare earths, iron ore, and coal. It owns several listed companies. In recent years, Chinalco has actively expanded its coking coal import business from Mongolia, increasing trade volumes through innovative logistics models. Mongolia is one of China's key coking coal suppliers, possessing abundant high-quality coking coal resources, and its coking coal exports play a significant role in supporting bilateral trade between China and Mongolia.
During the talks, Duan Xiangdong welcomed Nomtayar and his delegation and introduced Chinalco's basic overview. He noted that Chinalco's cooperation with Mongolian enterprises has a long history and a solid foundation, with both sides continuously expanding coking coal trade volumes and innovating logistics models in recent years, pushing cooperation to new heights. Duan expressed hope that, while deepening and solidifying coking coal trade cooperation, the two sides could explore deeper collaboration in more fields to create a mutually beneficial and win-win situation.
Nomtayar introduced Mongolia's resource endowment advantages and development policy direction. He stated that the Mongolian government is continuously optimizing the foreign investment environment, advancing logistics corridor construction, and striving to create more efficient and stable development conditions for regional industrial chain and supply chain cooperation. Nomtayar believes that Chinalco has strong capabilities in resource development and engineering construction, and hopes both sides will further deepen cooperation to achieve a higher level of mutual benefit and win-win outcomes.
This meeting took place against the backdrop of continuously warming economic and trade relations between China and Mongolia. Mongolia is advancing the expansion of large coal mines such as Tavan Tolgoi and related railway connection projects to enhance its coal export capacity to China. As one of China's major coking coal importers, Chinalco's cooperation with Mongolian enterprises helps stabilize raw material supply for steelmakers in northern China while providing a reliable market channel for Mongolia's mining exports. This high-level exchange has laid a solid foundation for the two sides to subsequently sign specific cooperation agreements.
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