Ulaanbaatar: Mongolian Mining Corporation (‘MMC’ or the ‘Company’, or together with its subsidiaries, the ‘Group’; stock code: 975), the largest producer and exporter of washed hard coking coal (‘HCC’) in Mongolia, has announced its annual results for the year ending 31 December 2024 (‘FY2024’ or the ‘Year’). The company reported a record high revenue of USD1,039.9 million, surpassing the previous year’s revenue of USD1,034.8 million.

According to BERNAMA News Agency, the Group achieved total sales of 8.6 million tonnes (‘Mt’) of coal products in FY2024. This included 7.8 Mt of primary products, with 4.7 Mt being hard coking coal, and 0.8 Mt of secondary products. This performance underscores MMC’s position as a leading force in Mongolia’s coal industry.