Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
ULAN BATOR, June 22 (Xinhua) — Mongolia’s industrial output fell 0.6 percent year-on-year to 15.5 trillion tugriks (over 4.3 billion U.S. dollars) in the first five months of 2025, local media reported Sunday, citing data from the National Statistics Committee.
“The decline is due to a 4.6 percent reduction in the production of key products in the mining and extractive industries,” the official statement says.
During the reporting period, coal production volumes decreased year-on-year by 23.7 percent, while crude oil production decreased by 14.9 percent.
Currently, the mining industry remains one of the main drivers of the Mongolian economy, as Mongolia is rich in natural resources such as gold, copper and coal. –0–