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Mongolrostsvetmet LLC operations and outlook

“Mongolorostvetmet” LLC, one of the leading mining companies, incorporated as the first foreign invested company since 1973 in Mongolia under the intergovernmental agreement between Mongolia and Soviet Union (former) produces and exports fluorspar and iron ore.
The 51% of the share capital is owned by Mongolian Government and the 49% by the Russian Government.

The main operation includes 3 underground and 3 open pit fluorspar mines with fluorspar processing plant, 2 goldmine fields, iron ore mining and processing facility as well the active operations in the numerous potential mineral properties including gold, silver, iron ore, polymetallic and other industrial minerals in Mongolia.
The Company has a strong track record of geological exploration having more than 40 licensed mineral properties around the country.

Total mineral reserves of the company are accounted for 4.6 tons of gold, 20.4 million tons of fluorspar, 17.2 million tons of iron ore, 8 million tons of silver, 2.6 million tons of coal, 20 million tons of base metals (polymetal) including gold and copper.
Mongolrostsvetmet is the largest fluorspar mining company in Mongolia and it has ranked as the 5th leading fluorspar producer in the world. The plant is well equipped with logistic facilities including own railway spur and loading terminals etc.
Bargilt mine is located in 300 km from Ulaanbaatar to the south in the vicinity of Bor-Undur mining plant. The annual production capacity of iron ore is 2 million tons. Of which iron ore fine with grade of Fe 65% is 150 thousand tons and iron ore lump with grade of Fe52% is 200 thousand tons. This will be increased based on the sales contractual performances.

The company would be pleased to closely work with potential partners as well as investors in field of trade and cooperation including the development of mineral properties on the basis of mutual benefits.
I wish you every success in your business and look forward to our future cooperation.

Contact information:

Mongolrostsvetmet LLC Building
Peace Avenue 98, Bayanzurkh District-22, Ulaanbaatar, Mongolia
ZIP: 13341
Tel: 976-11-458072
Fax: 976-11-458380
E-mail: mailbox@monros.mn
Web: www.mongolros.mn

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