According to the National Statistical Office of Mongolia, the main factors for growth were the mining and quarrying sector, which increased by 68% (₮1.8 trillion), as well as electricity supply, gas supply, steam heating, and air conditioning, which grew by 34.3% (₮95.3 billion).
The volume of mineral extraction and quarrying in January amounted to ₮4.4 trillion, largely due to a 2.2-fold increase in the extraction of metallic ores (₮1.4 trillion) and a 29.9% increase (₮396.4 billion) in coal extraction.
The production of iron ore and copper concentrate, as well as the volumes of coal extraction, increased by 3.5 to 2.3 times compared to the same period last year. At the same time, the production of unrefined gold, crude oil, fluorite, lignite, silver, and zinc concentrate showed a decrease of 2.5%, totaling 89.1%.
In the manufacturing sector, there is significant growth in the physical production of goods such as water, beverages, juices, as well as metal casting and cement. The increase ranges from 1.8 to 4.2 times compared to the previous year. However, the production of vodka, liquid milk, flour, pure alcohol, copper cathodes, cigarettes, and meat decreased by 1.5%, accounting for 60.4% of the total volume.
According to preliminary data, the volume of sales in the industrial sector in January reached ₮8 trillion, which is ₮4.6 trillion (2.4 times) more than in the same period last year. The main growth was observed in the mining sector, where sales increased by ₮4.4 trillion (2.8 times).
In January, the export of industrial products amounted to ₮6.4 trillion, of which ₮6.3 trillion came from the mining and quarrying sector.
In the structure of exports of mining goods, coal accounted for 26.5%, metallic ores for 71.7%, and crude oil and other mineral products for 0.9%.
