Ulaanbaatar: Mongolian Mining Corporation ('MMC' or the 'Company', or together with its subsidiaries, the 'Group'; HKEx: 975; OTCQX: MOGLF), the largest producer and exporter of washed hard coking coal ('HCC') in Mongolia, today announced its interim results for the six months ended 30 June 2025 ('1H2025' or the 'period under review'). During this period, the Group reported a total revenue of approximately USD346.6 million, marking a 35.9% decrease from the USD541.1 million generated in the first half of 2024.

According to BERNAMA News Agency, the Group sold approximately 4.2 million tonnes ('Mt') of washed coal products during 1H2025. This total included 3.3 Mt of primary products and 0.9 Mt of secondary products, indicating that the sales volume remained at similar levels compared to the first half of 2024. However, the decline in revenue was attributed to a decrease in average selling prices ('ASP'), which softened due to weaker market sentiment during the period under review.