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Week 9 of 202602/23/2026 – 02/27/2026

Weekly Market Report

Trading results

02/23/2026 – 02/27/2026

During this week, the Mongolian Stock Exchange mining exchange registered 10 Coal trades, 8 Iron trades, and 1 Copper trades, for 19 call trades in total, with a fulfillment rate of 100%.

Coal: 10 of 10 trades were fulfilled (100%), totaling 15,721,280,000 CNY and 1,648,473,088 USD and 49,287,680 tonnes of products.

№CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350400 CNY7,680,000 tonnes02/23/2026Forward
MNENCN
2Mongolian Mining Corporation JSCWashed coking coal800865 CNY11,072,000 tonnes02/25/2026Forward
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3Erdenes Tavantolgoi JSC1/3 coking coal58.462.4 USD1,996,800 tonnes02/26/2026Forward
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4Erdenes Tavantolgoi JSCMedium-high volatile gas coal6060 USD3,840,000 tonnes02/26/2026Forward
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5Erdenes Tavantolgoi JSC1/3 coking coal58.461.4 USD3,929,600 tonnes02/26/2026Forward
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6Erdenes Tavantolgoi JSC1/3 coking coal93.896.8 USD3,097,600 tonnes02/27/2026Forward
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7Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350400 CNY7,680,000 tonnes02/27/2026Forward
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8Erdenes Tavantolgoi JSC1/3 coking coal58.458.4 USD3,737,600 tonnes02/27/2026Forward
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9Erdenes Tavantolgoi JSC1/3 coking coal67.973.4 USD4,697,600 tonnes02/27/2026Forward
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10Erdenes Tavantolgoi JSCMedium volatile coking coal111.1121.6 USD1,556,480 tonnes02/27/2026Forward
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Iron: 8 of 8 trades were fulfilled (100%), totaling 252,311,400 USD and 3,649,800 tonnes of products.

№CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Erdenes Critical Minerals SOEFe-52% iron ore6569 USD455,400 tonnes02/24/2026Forward
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2Erdenes Critical Minerals SOEFe-52% iron ore6568.5 USD452,100 tonnes02/24/2026Forward
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3Erdenes Critical Minerals SOEFe-52% iron ore6569 USD455,400 tonnes02/25/2026Forward
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4Erdenes Critical Minerals SOEFe-52% iron ore6568.5 USD452,100 tonnes02/25/2026Forward
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5Erdenes Critical Minerals SOEFe-52% iron ore6570 USD462,000 tonnes02/26/2026Forward
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6Erdenes Critical Minerals SOEFe-52% iron ore6569.5 USD458,700 tonnes02/26/2026Forward
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7Erdenes Critical Minerals SOEFe-52% iron ore6568.5 USD452,100 tonnes02/27/2026Forward
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8Erdenes Critical Minerals SOEFe-52% iron ore6570 USD462,000 tonnes02/27/2026Forward
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Copper: 1 of 1 trades were fulfilled (100%), totaling 70,207,109,029.92 USD and 22,557,950.4 tonnes of products.

№CompanyTypeAnnounced priceSold priceQuantityDateContract typeAttachment
1Эрдэнэт Үйлдвэр ТӨҮГCopper concentrate with 22.35% copper content3,077.33,112.3 USD22,557,950.4 tonnes02/25/2026Forward
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Trade notices for this week

02/23/2026 – 02/27/2026

Coal

№CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350 ¥302/23/2026ER-26035
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2Mongolian Mining Corporation JSCWashed coking coal800 ¥202/25/2026ER-26036
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3Erdenes Tavantolgoi JSC1/3 coking coal58.4 $502/26/202626-17 1-3 CO
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4Erdenes Tavantolgoi JSCMedium-high volatile gas coal60 $1002/26/202626-03 GC
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5Erdenes Tavantolgoi JSC1/3 coking coal93.8 $502/27/202626-20 1-3 CO
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6Erdenes Tavantolgoi JSCMedium volatile coking coal111.1 $202/27/202626-04 CO
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7Mongolian Mining Corporation JSCWashed medium-ash semi-hard coking coal350 ¥302/27/2026ER-26037
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Iron

№CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $202/24/2026ECM-26-43
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2Erdenes Critical Minerals SOEFe-52% iron ore65 $202/24/2026ECM-26-43
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3Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $202/25/2026ECM-26-45
MNENCN
4Erdenes Critical Minerals SOEFe-52% iron ore65 $202/25/2026ECM-26-45
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5Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $202/26/2026ECM-26-47
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6Erdenes Critical Minerals SOEFe-52% iron ore65 $202/26/2026ECM-26-47
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7Эрдэнэс критикал минералс ТӨҮГ /Монголросцветмет ТӨҮГ/Fe-52% iron ore65 $202/27/2026ECM-26-49
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8Erdenes Critical Minerals SOEFe-52% iron ore65 $202/27/2026ECM-26-49
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Copper

№CompanyTypeAnnounced priceQuantityDateOrder numberAttachment
1Эрдэнэт Үйлдвэр ТӨҮГCopper concentrate with 22.35% copper content3077.30 $802/25/20262026-02
MNENCN
The report covers Monday through Friday. After Friday 20:00 Ulaanbaatar time the current week is shown; before then the previous week is shown.Source: comex.mse.mn