"Mongolrostsvetmet" is established in 1973 by an Agreement between Mongolian and Russian Governments.

  • It is a Joint venture owned by Mongolian and Russian Governments.
  • 51% belongs to Mongolian side represented by State Property Committee of Mongolia.
  • 49 % belongs to Russian side represented by State Corporation Russian Technologies.

During 30 years of activities :

  • 17 million tons of overburden removed
  • 7 mil. tons of ore mined
  • 2 mil. tons of concentrates produced
  • 2 mil. tons of products exported

Exported to Russia, Ukraine, USA, Europe, India, Korea and Japan

Overall Achievement

The quality of the concentrate has increased from CaF2 95.65% in 1997 to 96.5 % CaF2 in 2001-2003, and to 97.3% in first half of 2004. At the same time, the SiO2 content has decreased from 2.3 % in 1997 down to 1.6% in 2004.

International Awards

As a result of producing new fluorspar products and increasing the quality of products, Mongolrostsvetmet has been awarded by "Golden Cup" and "Paris-2001-Gold" of International Quality Organizations during 1995-2001. In 2003, it was our pleasure to receive the Century International Quality Era Award from the 5th International Quality Convention, and the Global Quality Management American quality Award.


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Main activity :

Fluorspar mining and fluorspar production
Gold mining
Exploration and geological survey works
Iron ore mining and processing coming soon



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