Mining and quarrying gross output increased

Ulaanbaatar /MONTSAME/ In the first 2 months of 2019, the gross industrial output reached MNT 2.5 trillion, showing an increase of MNT 400.3 billion (19.3 percent) from the same period of the previous year. This increase was mainly due to an increase of mining and quarrying gross output by MNT 331.9 billion (22.5 percent), of which mining of coal increased by MNT 338.5 billion (71.9 percent) and mining of metal ores increased by MNT 12.8 billion (1.6 percent).

In the first 2 months of 2019, in mining sector, extraction of zinc concentrate, copper concentrate, coal and gravel are increased by 7.0 percent to 2.3 times compared to the same period of 2018.

In the first 2 months of 2019, the sales of industrial production reached MNT 2.8 trillion, increased by MNT 419.6 billion (17.8 percent) from the same period of previous year. From the total sales of industrial production, MNT 2.0 trillion (73.4 percent) were export.

Source: Montsame News

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