ION Energy partners with SureFQ in $13.5M joint venture for Urgakh Naran lithium project, securing $5.5M cash over 4.5 years and $8M in development funding while retaining 20% carried interest.
Mongolia Growth Group agrees to sell Puerto Rico office for USD$1.45M to CEO-owned entity and KEDM data business for deferred revenue assumption. Transactions subject to shareholder approval on October 7.
Interestingly, China has discovered vast deposits of Thorium in Bayan Obo mining complex in Inner Mongolia, a northern autonomous region, where estimates suggest that full extraction of these deposits could yield up to one million tonnes of thorium. ...
In the Mongol Derby, riders tackle 1,000km of rugged terrain on semi-wild horses, relying on their survival skills, horsemanship and pure grit to reach the finish line ...
The banks of a river running through the grasslands of Inner Mongolia burst at around 10pm on Saturday, washing away 13 campers on the outskirts of Bayannur.
Hunnu Air orders two SkyCourier aircraft plus Grand Caravan EX, marking Textron's strategic expansion into Mongolia's growing aviation market. See expansion details.
Mongolia Growth Group initiates strategic wind-down, plans return of $31-33M cash plus proceeds from KEDM business and property sales. See distribution timeline.