‘Erdenes alt resource’ LLC founded
‘Erdenes Alt Resource’ LLC was newly founded under the ownership of ‘Erdenes Mongol’ LLC for a purpose to implement actions reflected in ‘Sustainable Development Vision-2030’ and ‘Alt-2’ gold program.
‘Erdenes Alt Resource’ LLC was newly founded under the ownership of a leading national investment management company ‘Erdenes Mongol’ LLC for a purpose to implement actions reflected in ‘Sustainable Development Vision-2030’ and ‘Alt-2’ gold program of Mongolia.
Ariunbold.D, former CEO of Erdenes Tavan Tolgoi JSC, the subsidiary ‘Erdenes Mongol’ LLC was appointed as a CEO of new subsidiary ‘Erdenes Alt Resource’ LLC.
‘Erdenes Alt Resource’ LLC will operate in exploring, extracting and purifying precious metals in Mongolian territory, alongside its sales.
The company was established within the goals to execute exploration works to augment gold and silver reserve of the country, increase the volume of extraction, purify precious metals in Mongolia according to international standards, increase foreign currency reserve and raise Mongolia’s credit rating.
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