The Ministry of Industry and Mineral Resources, in collaboration with the Mongolian National Mining Association, held the "Mining Week x MinePro 2024" event from October 2 to 5 in the Nalaikh district.

As part of this international mining exhibition and conference, the Mongolian Stock Exchange organized a event for buyers in the mining sector and participants of the commodity exchange.

Tsogtbayar. J, Interim CEO, opened the “Mongolian Mining Commodity Exchange Day,” and emphasized the importance of promoting Mongolia's mineral sector to foreign investors and increasing foreign investment in the industry through the "Mining Week" event.

He noted that the "Law on the Mining Products Exchange," approved by the Great State Khural on December 23, 2022, and the decision made at the Government's regular meeting on February 8, 2023, to trade mining products through the Mongolian Stock Exchange marked a significant milestone in the 30-year history of MSE. During the event, detailed information was provided on the trading process of commodities and their contributions and impacts on the national economy.

Additionally, the Chief Business Development Officer of MSE, Khash-Erdene. T, presented on the current state of mining product trading, while the Membership Specialist, Department of Trade and Registration of Mining Products, Tserenlkham. A, delivered a presentation titled "Participation in Mining Product Exchange Trading", and they provided comprehensive information to participants, accredited organizations, and interested individuals and entities.

Minister of Industry and Mineral Resources, Tuvaan. Ts, and other officials acknowledged the significance of the exchange's operations, noting that open, transparent, fair, and competitive trading would create opportunities for sellers to earn an additional revenue of 1.3 trillion MNT. They expressed their support for the government’s decision to trade mineral products through the exchange.

During the event, Munkhbayasgalan. A, the Chief Regulatory Officer of the Mongolian Stock Exchange, discussed the importance and practical experiences of having companies listed on foreign exchanges register on domestic exchanges. Munkhtuya. T, a specialist in the Registration Division, presented on financing opportunities for mining companies, introducing the exchange's listing criteria and resource valuation methods.

The "Mining Week x MinePro 2024" event brought international investors, consultants, and specialists to discuss topics such as mineral resources, responsible mining, industrialization, and mining financing, showcasing innovations and future trends in the sector. The Mongolian Stock Exchange provided comprehensive information related to the mining exchange to all participants.

MONGOLIAN STOCK EXCHANGE