Group 1: Mongolian Coal Production - The company is the largest producer and exporter of washed coking coal products in Mongolia, operating through its wholly-owned subsidiary Energy Resources LLC (ER) and its controlling subsidiary Khangad Exploration LLC (KEX) [1] - In 2025, the company sold a total of 8.2213 million tons of washed coking coal, representing a 4% increase from 7.8821 million tons sold in 2024 [1] - The product mix for 2025 includes 4.9205 million tons of hard coking coal, 0.4525 million tons of semi-soft coking coal, and 2.8484 million tons of medium ash semi-hard coking coal, with respective shares of 59%, 6%, and 35% of total sales [1] Group 2: Gold and Silver Production - The company holds a 50% interest in Erdene Mongol LLC (EM), which operates the Bayan Khundii (BKH) gold mine in Mongolia, and a 50.5% interest in Universal Copper LLC (UCC), which is developing the White Hill (WTH) copper, silver, and gold mine [2] - As of December 31, 2025, EM sold 7,434 ounces of gold and 2,634 ounces of silver produced from the BKH mine, with a weighted average gold price of $4,153.25 per ounce and a silver price of $53.14 per ounce [2] - The BKH processing plant has a nameplate ore feed capacity of 650,000 tons per year, utilizing various processes including cyanide leaching and electrolysis to produce unrefined gold and silver ingots [2] Group 3: Mining Development Activities - The company has conducted geological and hydrogeological exploration drilling, modeling, extensive sampling, and metallurgical testing to gather necessary data for technical reports, including updated JORC resource and reserve statements [3] - A feasibility study has been completed to advance the development of the WTH copper, silver, and gold mine covered by three special mining licenses held by UCC [3]
MONGOL MINING2025年合共售出822.13万吨洗选焦煤产品 同比增长4%