Mongolia Energy publishes 2026 annual report

• MEC released its annual report for the year ended March 31, 2026, showing weaker operating conditions as coking coal prices slid.
• Production fell as the group cut overburden removal, while coal sales volumes held broadly steady on higher thermal coal shipments.
• Customer demand shifted toward mid-grade coking coal, pressuring realized pricing and product mix despite efforts to lift output.
• Commissioning of the Khushuut Intelligent Processing Plant lifted processing capacity, supporting higher projected sales volumes and a mine-asset impairment reversal.
• Tax disputes in Mongolia remained a key overhang, with a major reassessment remitted for review and a separate 2021-2023 assessment under appeal.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MEC - Mongolia Energy Corporation Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260723-12253614), on July 23, 2026, and is solely responsible for the information contained therein.