Russia's atomic energy state corporation, Rosatom, and the Mongolian Nuclear Regulatory Authority have agreed to increase cooperation.

China's Shenhua Energy Co., nation's biggest coal supplier, received approval for $725 million railway project that would ameliorate transportation bottlenecks and help ensure adequate supplies.

Sedgman, a mineral processing solutions provider, has won a $20 million contract from Mongolia's Energy Resources.

Standard Chartered PLC (STAN.LN) said it opened its first village bank Wednesday in north China's Inner Mongolia Autonomous Region.

More than 60,000 livestock have died from hunger and cold in Mongolia's western provinces this winter, local media said Monday.

In southern Mongolia, a large mine in Oyutolgoi is believed to have copper reserves worth about170 billion U.S. dollars and a coal mine in Tavantolgoi has reserves of more than 6.4 billion tons. Both are awaiting exploitation.