
Tavantolgoi JSC
Founded date
1966-04-18
Market cap
1,560,996,528,000.00 MNT
Company information
Business directions
General information
Company Overview: Tavantolgoi JSC
Tavantolgoi JSC is one of Mongolia’s established mining companies, primarily engaged in coal extraction. The company was founded in 1966 and operates in the resource-rich South Gobi region.
The company develops and mines coal from the Tavantolgoi deposit, one of the largest coal reserves in Mongolia, known especially for its high-quality coking coal with significant strategic importance.
Key Information
- Founded: 1966
- Ownership: Joint-stock company with majority state ownership
- Industry: Coal mining
- Location: Tsogttsetsii, Umnugovi Province, Mongolia
- Employees: Approximately 300
Operations
Tavantolgoi JSC focuses on coal extraction, processing, and distribution. Its products are supplied to both domestic and international markets, contributing to Mongolia’s export revenues.
The company produces both thermal coal and coking coal, which are widely used in power generation and steel production.
History
Initially operating at a small scale, the company has expanded its production capacity over the decades. In 1994, it was restructured into a joint-stock company as part of Mongolia’s transition to a market economy.
“Delivering energy across generations.”
Strategic Importance
The Tavantolgoi deposit plays a crucial role in Mongolia’s economy and is considered a key driver of the country’s mining sector and export growth.
Source: Compiled from publicly available information.