Mongolia's industrial output rises by 24.6 pct in H1 2018

ULAN BATOR, July 19 (Xinhua) -- Mongolia's industrial output in the first half of 2018 increased by 24.6 percent year on year, amounting to 7.4 trillion Mongolian Tugriks (some 3 billion U.S. dollars), official data showed Wednesday.

Output of the main products of mining and extractive industries was up by 24.2 percent, making it the biggest contributor to overall growth, according to data from the National Statistical Office of Mongolia.

In particular, the volume of raw coal production increased by 51.4 percent, and the volume of iron ore production grew by 11.4 percent year on year.

Some 75 percent of the landlocked country's total industrial production comes from mining industry products, according to statistics.