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Mongolian Mining Corporation (“MMC” or the “Company”; SEHK Stock Code: 975) is a high-quality coking coal producer and exporter in Mongolia. The Company owns and operates two open-pit coking coal mines - Ukhaa Khudag and Baruun Naran, both located in Southern Gobi province of Mongolia. MMC’s operations have grown rapidly from a green-field project in 2009 to a world-standard mining complex to date. With its premium quality coal products, international standard project development and effective management practices, the Company has already secured its position as the largest producer and exporter of washed coal in Mongolia.
In 2010, after only one year of fast-paced operations, the Company was successfully listed on the main board of Hong Kong Stock Exchange, making it the first Mongolian company to offer its shares internationally.
With integrated coal mining operations combined with leading edge technologies, MMC was able to reach the quickest ramp-up of mining operations in the country based on the best international practices. Located adjacent to the Chinese border and the target market region, MMC has a competitive cost structure and a strategic advantage to compete at the world market.
While strengthening its position as a reliable supplier of high-quality coking coal products and boosting its competitiveness in the international market, MMC is successfully building a fully-integrated coking coal mining, processing, transportation and marketing platform.