Ulaanbaatar: Mongolian Mining Corporation reported stronger operational performance for the second quarter ended June 30, 2026, with washed coking coal production rising 29 per cent year-on-year to 2,814.1 thousand tonnes (kt).

According to BERNAMA News Agency, the company stated that washed coking coal sales climbed 55 per cent to 2,688.1 kt during the quarter. Run-of-mine (ROM) coal production increased 29 per cent to 4,424.4 kt, and ROM coking coal processed rose 25 per cent to 4,509.8 kt. Compared with the preceding quarter, washed coking coal production grew 24 per cent, sales increased five per cent, and ROM coking coal processed advanced 15 per cent, although ROM coal mined declined nine per cent.

Mongolian Mining operates its coking coal business through the Ukhaa Khudag mine, managed by wholly owned subsidiary Energy Resources LLC, and the Baruun Naran mine, managed by majority-owned subsidiary Khangad Exploration LLC, both located in Umnugobi province.

In the gold segment, the company recorded a 60 per cent increase in ore mined from the previous quarter, totaling 247.2 kt, while ore processed edged up two per cent to 153.1 kt. Gold sales rose 37 per cent quarter-on-quarter to 11,709 ounces, although the weighted average realised gold price decreased eight per cent to US$4,493 per ounce.

The company maintains a 50 per cent stake in Erdene Mongol LLC, which operates the Bayan Khundii gold mine, and a 50.5 per cent interest in Universal Copper LLC, responsible for developing the White Hill copper deposit and Urkhut silver deposit in Bayankhongor province.

Mongolian Mining Corporation, the largest internationally listed private mining company operating in Mongolia, boasts a diversified portfolio that includes coking coal, gold, silver, copper, and other non-ferrous metals mining assets in the country's southern and western regions.