China’s record coal purchases last year were driven by big increases in supplies from Australia and Mongolia, while Russian cargoes actually fell. Now that Chinese demand is flattening, Mongolia could be best placed to hold or even grow its market share in its southern neighbor at Russia’s expense. Source link
Chinese soda maker Dayao is gearing up for a Hong Kong initial public offering as early as the second half of 2025, people familiar with the matter said, building on the city’s emerging recovery in new listings. The company, based in China’s Inner Mongolia, is working with advisers as it seeks to raise as much…
China executed a former official from Inner Mongolia over corruption charges totaling about 3 billion yuan ($412 million), a rare use of the death penalty for graft that comes with President Xi Jinping’s sweeping campaign to cleanse the Communist Party intensifying. Li Jianping, the former party chief of an economic development zone in Hohhot city,…
Rio Tinto will partner with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia. Battery swapping technology allows a battery electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static…