Mongolia|economy|January 7, 2025 / 01:07 PM
Mongolia exports 80 million tons of coal for first time

AKIPRESS.COM - Coal export revenue amounted to $8.6 billion in 2024, the Customs General Administration reported.

The total volume of exported coal reached 83.7 million tons, marking the first time in history that coal exports have exceeded 80 million tons.

Last year, Mongolia exported 83.7 million tons of bituminous and lignite coal, earning $8.6 billion. The volume increased by over 20% compared to last year.

In 2024, Mongolia had planned to export 78 million tons of coal at an average price of $115 per ton. Although the volume target was exceeded, the average export price was approximately $103 per ton.

The total export value of the six key mineral products reached $13.2 billion, a 5% increase compared to 2023.

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