Putting the Spotlight on AKM in Mongolia, page-1405

not from any official announcement but a loose idea would say very soon or by end of october.. which i feel just give more time to accumulate before big one... i just wouldnt want to miss holding the bag just for a few pips..

Railway construction work en route Erdenet – Ovoot to be launched in 2019


2018-01-22 15:23:40


Minister of Road and Transport Development J.Bat-Erdene put forward a request to launch railway construction work en route Erdenet – Ovoot in spring of 2019 when he met representatives of the project contractor ‘Northern Railways’ LLC on January 19.
As estimated USD 1.25 billion is needed to build 542km long railway from Erdenet city of Orkhon aimag to Ovoot mine of Khuvsgul aimag, which is considered as one of the biggest construction works in road and transport sector. ‘Northern Railways’ LLC will handle funding collaboratively with the China Gezhouba Group International Company of China.
The railway will be connected with Russia and China, and become a part of an economic corridor which connects Asia and Europe. Regarding this, the project executor requested from the Minister to carefully define the route to be connected with railways of Russia and China.
Minister J.Bat-Erdene said that the Ministry of Road and Transport Development is ready to take necessary actions. "At present, preparation works of the project are going slow. So, it is necessary to finish the preparation works by the fall of 2018 and launch the construction work in the spring of 2019."
He also added that it is vital to make ongoing activities of the project transparent to the state and public.
In return, representatives of the Northern Railways Company agreed with the Minister's request and expressed their willingness to closely cooperate.


Mongolia has 4 seasons and they are very different. Winter lasts from November to February, spring from March to mid-May, summer from mid-May till late August, and autumn is in September and October. The cold weather in the north can last a month or two longer than the Gobi areas