Page 8 - AsiaElec Week 04 2023
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AsiaElec COAL AsiaElec
Mongolia’s December coal
exports shoot up 851% y/y
Border crackdowns coming to help combat corruption
MONGOLIA MONGOLIA’S December coal exports shot up stood at 6.4mn tonnes of coal, up 15% m/m and
by 851% y/y and also increased 15% m/m to surpassing even some m/m production gains
4.8mn tonnes, according to latest figures from posted in pre-pandemic 2019.
the Mineral Resources and Petroleum Authority In all, China imported 31.15mn tonnes of
(MRPA). Mongolian coal in 2022, nearly double the
The volume shipped made December the best amount imported in 2021, though not as high
export month of the year for Mongolian coal. as pre-pandemic levels. Mongolia exported
Figures from Mongolia’s mining and heavy 36.8mn tonnes of coal in 2019, according to the
industry ministry, meanwhile, showed that the MRPA.
country’s 2022 mineral exports expanded by Given Mongolia’s recently exposed “coal
36.4%, primarily thanks to higher coal exports mafia” scandal, the January 2023 export num-
to China. The better trade was made possible by bers may tell a different story as the country tries
China’s relaxation of its ‘zero-Covid’ policy. to crack down on corruption at the border with
Mongolia’s coal production in December more inspections and checks.
P8 www. NEWSBASE .com Week 04 26 •January•2023
