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Mongolian Mining ( (HK:0975) ) just unveiled an announcement.
Mongolian Mining Corporation reported a decrease in run-of-mine coal output for the second quarter of 2025, with a 7% drop quarter-on-quarter and a 28% decline year-on-year. Despite this, the company saw a 3% increase in washed coking coal production compared to the previous quarter. The company also announced the commissioning of the Bayan Khundii gold mine processing plant, with commercial production expected to start in the third quarter of 2025. These developments indicate a strategic focus on diversifying operations and enhancing production capabilities, which could impact the company’s market positioning and stakeholder interests.
More about Mongolian Mining
Mongolian Mining Corporation is the largest internationally listed private mining company with operations in Mongolia, focusing on coking coal, gold, copper, and other non-ferrous metals. The company operates the Ukhaa Khudag and Baruun Naran coking coal mines and is the largest producer and exporter of washed coking coal products in Mongolia.
Average Trading Volume: 5,511,590
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$8.57B
See more data about 0975 stock on TipRanks’ Stock Analysis page.