Mongolian Mining Corp 2015 Annual Report with Sustainability Disclosures
The report details Mongolian Mining Corporation's operational and financial performance for the fiscal year 2015. Facing a persistent global coking coal market imbalance and declining prices, the company prioritized preserving liquidity, managing its balance sheet, and initiating debt restructuring discussions. Despite these challenges, the company achieved significant cost reductions through operational efficiency and recorded its lowest-ever Lost Time Injury Frequency Rate of 0.6. Additionally, the company secured a Stabilization Certificate, stabilizing corporate income tax, customs tax, VAT, and royalty rates until 2033. The company also continued its commitment to sustainability, highlighting local employment achievements and environmental stewardship in the Gobi region.
Company: Mongolian Mining Corp
Sector: Mining & quarrying
Country: Mongolia
Year: 2015
Type: Annual Report with Sustainability Disclosures
Pages: 214
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Mongolian Mining Corp
Annual Report
The report details Mongolian Mining Corporation's operational and financial performance for the fiscal year 2015. Facing a persistent global coking coal market imbalance and declining prices, the company prioritized preserving liquidity, managing its balance sheet, and initiating debt restructuring discussions. Despite these challenges, the company achieved significant cost reductions through operational efficiency and recorded its lowest-ever Lost Time Injury Frequency Rate of 0.6. Additionally, the company secured a Stabilization Certificate, stabilizing corporate income tax, customs tax, VAT, and royalty rates until 2033. The company also continued its commitment to sustainability, highlighting local employment achievements and environmental stewardship in the Gobi region.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Total Waste
Workplace Fatalities
Employees