Mongolian Mining
- Company typePublic
- Founded2009
- HeadquartersUlaanbaatar, Mongolia
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Mongolian Mining firmographics
Firmographics- Name
- Mongolian Mining
- Legal name
- Mongolian Mining Corporation
- Website
- https://mmc.mn
- Company type
- Public
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Mongolian Mining industry classification
Industry- Product category
- Coking Coal Mining
- NAICS
- Surface Coal Mining (212114), Coal Mining (2121), Other Metal Ore Mining (212290)
- SIC
- Bituminous Coal & Lignite Surface Mining (1221), Bituminous Coal & Lignite Mining (1220)
- akta.pro primary industry
- Metallurgical Coal Mining (Coking/PCI Coal) (IMAKAIAB)
- akta.pro secondary industry
- Coal Preparation & Beneficiation (Washing, Crushing, Screening) (IMAKAIAH)
Keywords
Where Mongolian Mining is headquartered
LocationHeadquarters
- HQ city
- Ulaanbaatar
- HQ country
- Mongolia
- HQ region
- Asia
Offices3 records
Markets served
Mongolian Mining business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Personnel, Supply Chain, Technology or R&D
Revenue model
- Coking Coal Sales: Revenue from mining and selling washed coking coal produced at Ukhaa Khudag and Baruun Naran mines. Q2 2026 sales reached 2,688.1 thousand tonnes. Primary export market is China via border crossings.
- Gold Sales: Revenue from gold production through 50%-owned Erdene Mongol LLC joint venture at the Bayan Khundii Gold Mine. Q2 2026 gold sales reached 11,709 ounces at weighted average price of $4,493 per ounce.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Mongolian Mining product offering
Product offeringCore offering
Mongolian Mining Corporation is a high-quality coking coal producer and exporter that owns and operates two open-pit coking coal mines (Ukhaa Khudag and Baruun Naran) in South Gobi, Mongolia, processes raw coal at a 15 Mtpa Coal Handling and Preparation Plant, and transports washed coal via a 450-truck fleet to Chinese border crossings for export to steel manufacturers. The company has also diversified into gold production through a 50% joint venture at the Bayan Khundii Gold Mine.
Product overview
Mongolian Mining Corporation operates as a high-quality coking coal producer and exporter in Mongolia, with a portfolio of two open-pit coking coal mines (Ukhaa Khudag and Baruun Naran) in Umnugobi aimag, supported by a coal handling and preparation plant. The company also has gold production operations through its 50% stake in Erdene Mongol LLC, which operates the Bayan Khundii Gold Mine.
Differentiator
Problem solved
Functional benefit
Products and services
- Ukhaa Khudag Mine Open-pit coking coal mine located in Umnugobi aimag of Mongolia, operated by subsidiary Energy Resources LLC, holding mining license MV-11952 with approximately 680 million tonnes of JORC-standard measured, indicated and inferred coal resources.
- Baruun Naran Mine Open-pit coking coal mine located approximately 30 km from Ukhaa Khudag in Umnugobi aimag, operated by subsidiary Khangad Exploration LLC, holding mining licenses MV-14493 and MV-017336 with approximately 330 million tonnes of proven and probable reserves.
- Coal Handling and Preparation Plant (CHPP) Coal washing and processing facility designed and built by Sedgman (Australia), the first and largest of its kind in Mongolia, with three modules providing total nameplate ROM coal processing capacity of 15 Mtpa. Features highly-automated, cutting-edge technology with substantial water-recycling and belt filter press for doubled water recovery rates.
- Bayan Khundii Gold Mine Gold mine in Bayankhongor province of Mongolia, operated as a 50-50 joint venture between MMC and Erdene Resource Development Corp through Erdene Mongol LLC, with a targeted annual production of 80,000+ ounces of gold.
Quantifiable outcome
- 55% year-over-year increase in washed coking coal sales to 2,688.1 kt in Q2 2026
- +1 more outcomes
Companies that use Mongolian Mining
Customer profileSegments2 records
Ideal customer profiles2 records
Mongolian Mining technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Mongolian Mining partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Erdene Mongol LLCcore50-50 joint venture for gold operations at the Bayan Khundii Gold Mine in Mongolia. MMC holds 50% stake in the joint venture which achieved first gold production in Q3 2025 and commercial production in Q1 2026.
- Erdenes Mongol LLCminorJoint venture established in 2012 to expand the Gaxuurt border checkpoint capacity to 25-30 million tonnes annually, addressing bottleneck issues at the Mongolia-China border.
- Sedgman Company (Australia)coreAustralian company that designed and built the coal handling and preparation plant, one of the world leaders in coal processing and material handling technology. The CHPP is the first of its kind in Mongolia.
- CHN Energy Coal Coking Co., LtdminorAnnual protocol signed at China International Import Expo 2021 for coal coking cooperation, representing major Chinese customer relationship.
Scale indicators7 records
Recent moves8 records
Expansion highlights5 records
Mongolian Mining competitors and assessment
Company assessmentEmerging players
- Erdene Resource Development: Canadian-listed junior gold developer that partnered with MMC to establish the 50/50 Erdene Mongol LLC joint venture for the Bayan Khundii Gold Mine. Directly comparable as MMC's JV counterparty in gold and as an emerging Mongolian gold producer.
Broad incumbents
- BHP Group: Global diversified miner with significant metallurgical coal exposure via its BMA joint venture in Queensland, supplying seaborne and Asian steel markets. Comparable as a major coking coal supplier across a broader diversified metals/petroleum portfolio.
- Teck Resources: Canadian diversified miner with a flagship steelmaking coal business (Elk Valley) serving global coking coal demand, now part of the integrated mining portfolio. Comparable to MMC on its coking coal focus and Asian steel customer base.
- Glencore: Swiss-listed major diversified miner and commodity trader with substantial metallurgical coal production and global marketing reach. Comparable to MMC on coking coal output and Asian steel distribution channels.
Direct peers
- Whitehaven Coal: ASX-listed coking and thermal coal producer with multiple open-pit mines and export-focused distribution via port infrastructure. Comparable to MMC as a publicly listed, mid-cap coking coal exporter relying on integrated mining-to-logistics operations.
- Peabody Energy: One of the world's largest publicly listed coal producers with significant metallurgical coal exposure for the seaborne and Asian steel markets. Comparable to MMC as a major coking coal exporter with global customer reach.
- Yancoal Australia: Large ASX-listed coal producer with metallurgical and thermal coal exposure, partly owned by Chinese state-aligned entities and exporting heavily into China. Comparable to MMC on product mix and Asian/Chinese export orientation.
- Stanmore Resources: ASX-listed metallurgical coal producer operating open-pit mines in Queensland's Bowen Basin with predominant Asian export focus. Closely comparable to MMC on mine type, coking coal product, and export-driven Asia sales motion.
- Coronado Global Resources: US-listed metallurgical coal producer operating open-pit and underground mines in Australia and the US, exporting primarily to Asian steelmakers. Directly comparable to MMC on product (coking coal), customer base (Asian steel), and integrated production model.
Regional players
- China Shenhua Energy: Largest Chinese coal producer and major Asian coking and thermal coal supplier, listed in Hong Kong and Shanghai. Comparable to MMC as a major coal exporter serving Asian steel demand, though primarily serving the Chinese domestic market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Mongolian Mining social profiles
Digital presenceMongolian Mining compliance and trust
Trust signalCompliance3 records
Mongolian Mining financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mongolian Mining leadership team
Management profileNumber of profiles
Profiles11 records
Mongolian Mining subsidiaries and ownership
Company hierarchySubsidiaries3 records
Mongolian Mining funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mongolian Mining M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mongolian Mining
What does Mongolian Mining do?
Mongolian Mining Corporation is a high-quality coking coal producer and exporter that owns and operates two open-pit coking coal mines (Ukhaa Khudag and Baruun Naran) in South Gobi, Mongolia, processes raw coal at a 15 Mtpa Coal Handling and Preparation Plant, and transports washed coal via a 450-truck fleet to Chinese border crossings for export to steel manufacturers. The company has also diversified into gold production through a 50% joint venture at the Bayan Khundii Gold Mine.
Is Mongolian Mining a public or private company?
Mongolian Mining is a public company. It is classified as public and is currently operating.
When was Mongolian Mining founded?
Mongolian Mining was founded in 2009. It employs 1,001 to 5,000 people.
Where is Mongolian Mining based?
Mongolian Mining is headquartered in Ulaanbaatar, Mongolia, in the Asia region.
How does Mongolian Mining make money?
Two revenue lines are on record. Coking Coal Sales are the primary driver. The others are gold Sales.
Who are Mongolian Mining's main competitors?
Erdene Resource Development is listed as an emerging player. Broad incumbents are BHP Group, Teck Resources and Glencore. Direct peers are Whitehaven Coal, Peabody Energy, Yancoal Australia, Stanmore Resources and Coronado Global Resources. China Shenhua Energy is listed as a regional player.
Does Mongolian Mining have an API?
No public API is recorded for Mongolian Mining.
What industry is Mongolian Mining in?
Mongolian Mining's product category is Coking Coal Mining. Its primary akta.pro industry code is IMAKAIAB, Metallurgical Coal Mining (Coking/PCI Coal), with a secondary code of IMAKAIAH, Coal Preparation & Beneficiation (Washing, Crushing, Screening). Its NAICS code is 212114 and its SIC code is 1221.