Mongolia's Tavantolgoi coal exports reach 28.1 million tons in first 10 months

en.Wedoany.com Reported - On November 2, Erdenes Tavan Tolgoi, Mongolia's state-owned coal enterprise, released its operating data for the first 10 months of 2026, reporting cumulative coal exports of 28.1 million tons, an increase of 8.9 million tons year-on-year, up approximately 48.3%, with sales revenue reaching approximately US$2 billion during the same period. Coal exports were mainly completed through the Gashuunsukhait and Khangi border ports, with the Gashuunsukhait port handling more than 80% of export transport volume.

The Gashuunsukhait port recorded total coal exports exceeding 40 million tons in the first 10 months of 2026, of which Erdenes Tavan Tolgoi exported 22.7 million tons. The port's full-year coal export volume in 2025 was 40.8 million tons, and its cumulative transport volume in the first 10 months of 2026 has already approached the full-year level of the previous year.

The Khangi port has become another major coal export channel for the company. In the first 10 months of 2026, the port's total coal exports reached approximately 14 million tons, of which Erdenes Tavan Tolgoi exported approximately 5.6 million tons. The company's coal export volume through the Khangi port has grown significantly since the beginning of the year, with October exports reaching approximately 7.5 times the January level.

On August 12, 2026, the Gashuunsukhait port launched expansion and modernization construction. During the construction period, the port's coal customs clearance and transport volume was affected, and Erdenes Tavan Tolgoi's monthly export volume dropped from a normal maximum of approximately 3 million tons to approximately 1.9 million tons. The company's full-year coal export target for 2026 is 33 million tons.

Erdenes Tavan Tolgoi plans to increase coal transport volume in April 2027 using cross-border railway connection facilities, with the related transport capacity expected to increase by approximately 5 million tons. The company has also formulated an operating plan to achieve coal production of 40 million tons in 2027.

The company's sales revenue for the first 9 months of 2026 reached US$1.964 billion, up 68.1% year-on-year. During the same period, it paid a total of 1.4226 trillion tugriks in taxes, fees and other payments to national and local budgets, completing 132.7% of the annual plan, with the amount paid up 28.4% year-on-year.