With combined investments from Mongolia and China, the company was originally established in August 2002 and commenced operations in April 2003. However, by December 31, 2019, it transitioned into a fully nationally-owned corporation with 100% domestic investment. Subsequently, on August 4, 2020, the company was officially listed as "Khuren Tolgoi Coal Mining" in the State Register.

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"Khuren Tolgoi Coal Mining" LLC holds a leading position in the mining industry when it comes to coal exports, sales, tax payments, the effectiveness of projects and programs implemented as part of social responsibility, and its contribution to budgeting. The company prioritizes transparency and accountability, emphasizing the protection of workers and maintaining safe operations. It operates with a strong commitment to environmentally friendly mining practices.

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Over the past two decades, the Khuren Tolgoi Coal Mine has made substantial tax contributions to the state budget, exceeding 320 billion MNT. Of this amount, 21.5 billion MNT has been allocated to the local budget.