MAK’s vision for China-Mongolia business partnerships: pioneering moves in growth and innovation

Mongolyn Alt (MAK), a leading Mongolian mining and construction materials company, has charted an impressive growth trajectory since its founding in 1993. Initially focusing on exploration, production and the export of commodities, MAK has evolved into a key player, setting benchmarks for cross-border trade and collaboration.

Mongolyn Alt (MAK) LLC Headquarter, Ulaanbaatar, Mongolia

Leading trade

MAK was among the first Mongolian companies to export coal to China. Over the past two decades, it has established long-term, stable partnerships with Chinese businesses. This trailblazing approach has set an example for Chinese Mongolian business cooperation.

Among its early partners were Inner Mongolian companies such as Berun and Inner Mongolia Issie Coal Transportation. Today, MAK is expanding its network, collaborating with major Chinese companies like Xianghui Energy, Ejina Zhong Meng Meitan, Qinghua Group and Huawei Technologies to guide in a new era of China-Mongolia business relations.

As Mongolia's second-largest coal exporter, MAK operates primarily in the Narynsukhait coal deposits located in Gurvantes Soum, Umnugovi province. To date, it has exported approximately 100 million metric tons of coal to China, making it a critical supplier to one of the world’s largest energy consumers.

To boost coal export capacity, MAK is spearheading the development of an advanced technology terminal at Shiveekhuren Port, one of Mongolia's main coal export hubs. The terminal will leverage cutting-edge technologies such as 5G-powered autonomous vehicles, automated guided vehicles on magnetic tracks and a smart gate system. This project, a joint effort among nine mining companies operating in the Narynsukhait coal deposits, aims to increase the region's coal export capacity by an additional 32 million tons annually.

MAK's ambitions extend beyond coal, with the development of the Tsagaan Suvarga project, focused on exporting copper and molybdenum — two critical resources in China's industrial needs. The Tsagaan Suvarga project ranks third in Mongolia for copper and molybdenum reserves and is expected to mine and export 1.6 million tons of copper and 66,000 tons of molybdenum. This project will further integrate Mongolia into China's raw material supply chain, bolstering its role as a key supplier.

In addition to its mining ventures, MAK is expanding into the tourism sector. The company is constructing a tourism complex aimed at strengthening ties between Mongolia and China. Through its airline subsidiary Hunnu Air, MAK offers regular and charter flights to key Chinese cities, including Beijing, Sanya, Changsha, Harbin, Manzhouli and Dalian, positioning itself as a key player in boosting China-Mongolia tourism.

Sustainable future

Celebrating its 30th anniversary in 2023, MAK outlined an ambitious future strategy focused on sustainability and innovation under the theme "30 Years of Striving Toward a Green Future". The company is integrating artificial intelligence into its logistics and mining operations, transitioning its fleet to electric engines and investing in renewable energy infrastructure. Huawei, a global leader in technology, is a key partner in this transformation, providing advanced solutions to streamline MAK's operations.

With a focus on sustainable growth, advanced technologies and innovative business partnerships, MAK aims to redefine the standard for China-Mongolia collaboration and set a new benchmark in regional trade and cooperation.

MAK mainly deals with coal and copper projects, autonomous export, tourism and aviation and sustainable development.