Tavan Tolgoi mining
Tavan Tolgoi mining

Under the Mongolian Mineral Law, royalties are payable on the sale of minerals both within Mongolia and abroad. The amount of royalty payable is based on a standard flat-rate royalty and may also include a surtax royalty, with percentages applied depending upon the type of commodity and the market price. The Ministry of Mineral Resources and Energy is responsible for determining the reference price to be applied.

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