The Bank's offer covers policy and legal reform, geological survey, infrastructure, investment and value-added processing, in the ministry's account. Minister Gongoryn Damdinnyam set out Mongolia's priorities to the Bank's side: more intensive geological and geophysical surveys, a single national policy on strategically important minerals and on land use, and an open, unified platform for the sector's data. The Bank said it was ready to draft the compact on that basis.
The London roadmap has two tracks. One upgrades the systems for securities trading, supervision, settlement, custody and the market's base infrastructure; the other supports leading Mongolian companies in raising money at home and abroad and widens the room for dual listings. The exchange's acting executive director D. Munkhbat and the depository's executive director Ch. Tavinjil took part, with LSEG's representatives, Ayuuna Nechaeva among them. No company, sum or date was named.
Both documents arrive at a specific moment in the state's own books. The budget rewrite, in parliament since 7 September and still without its third reading, earmarks a 1.5 trillion tugrik dividend from Erdenes Tavan Tolgoi for pensions from 1 November, and the government plans to list 20 state companies for 3.5 trillion tugriks in 2027. Oyu Tolgoi's revenue is running $1.9 billion ahead of plan after 8 months and its first dividend to the state is dated 2027. The plenary that would move the rewrite failed for want of a quorum on Thursday and is called again for Monday.
No company, sum or date was named.
The plan's year is 2027. Neither Friday's compact nor Thursday's roadmap names a company that would be on it.