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Tavan Tolgoi JSCMSE: TTL₮182,400+2.01% ↑
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Tavan Tolgoi JSC

CMM Verified
MSE: TTL₮182,400+2.01% ↑Public CompanyMining & ResourcesRaisingtavantolgoi.mn

Tavan Tolgoi JSC operates Mongolia's largest coking coal deposit in the South Gobi region. Strategic supplier to Chinese and Japanese steel mills with rail logistics infrastructure along the southern corridor.

Market DataFull Chart →
Price₮182,400 +2.01%
Volume45,000 shares
Day Range—
Last updated: Apr 5, 2026 · Source: MSE
Open—
High—
Low—
Volume45,000 shares
52W High—
52W Low—
Avg Volume—
P/E8.4x
Div Yield3.8%
Summary Ratios
P/E8.4x
P/B1.2x
EV/EBITDA4.1x
Div Yield3.8%
ROE16.2%
Market CapMNT 8.2T
Financial Performance
Metric202320242025
Revenue4,8205,3406,120
Net Income8129801,180
EBITDA1,9402,1802,520
Source: MSE disclosures
Sustainability
Sustainability Outcomes
Pollution prevention and controlSustainable mining practices
UN SDGs
SDG 8SDG 9SDG 13
ESG PolicyYES
Sustainability DisclosureYES
Transition / Mitigation StrategyNO
Impact TrackedYES
Impact VerifiedNO
Certifications
GRITCFD
Ownership
Erdenes Mongol (controlling)80%
Free Float20%
Parent group
Erdenes Mongol Group
Subsidiaries & Projects
  • Tavan Tolgoi Coal MineOperating
  • Tsankhi West BlockConstruction
Executive Team
DB
CEO
D. Batsuuri
Chief Executive Officer
BE
B. Enkhbayar
Chief Financial Officer
TG
T. Gantulga
Chief Operations Officer
Board of Directors
Board Chair
BB
B. Byambasaikhan
Board Chair
Independent Directors
TE
T. Enkhtuvshin
Independent Director
Directors
OD
O. Dorjkhand
Director
Deal InsightsTotal funding: $515M across 5 rounds
DateAmountInvestorsFunding TypePurpose
2025-Q4$180MMongolia Mining CorpBondTsankhi West expansion
2024-Q3$120MSumitomo, JBICSyndicated LoanRail infrastructure upgrade
2024-Q1$85MErdenes MongolEquityWorking capital
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