“ERDENES MGL” LLC HAD A MEETING WITH TURKEY’S MINING COMPANIES
A delegation led by Mr. Gankhuu Purevjav, a former Minister of Energy of Mongolia and current CEO of “Erdenes MGL” LLC, a fully state-owned mining company, participated in a meeting with Turkey’s mining companies that was hosted by the Foreign Economic Relations Board (DEIK) with the collaboration of the Embassy of Mongolia in Ankara. At the meeting, Mr. Gankhuu Purevjav provided brief information about the mining sector of Mongolia and presented his company’s current activities “as well as the planned investment projects and answered the questions asked by the participants. “Erdenes MGL” LLC, found in 2007, represents the Government of Mongolia and manages the nation’s strategically important mineral (gold, copper, coking coal, lignite and uranium) deposits. The company owns more than 50 percent shares of “Erdenes Tavan Tolgoi” JSC, “Erdenes Oyu Tolgoi” LLC, “Baganuur” JSC, “Shivee Ovoo” JSC, “Mon Atom” LLC, “Erdenes Shivee Energy” LLC, “Erdenes Methane” LLC and “Erdenes Asset Management” LLC. The company also owns the state-owned shares of 34 percent of “Oyu Tolgoi” LLC.