Since idle in 2015, “Khukh Gan” has announced its plans to produce DRI and hermalonate in 2018. “Khukh Gan” launched its IPOs in 2008 and raised MNT 3.2 billion from the public. It has built an iron production plant with a capacity of 30,000 tons of iron-in Erdenet city. Currently, Beren Group holds 52.5 percent and ‘BDSec’ securities company holds 25.7 percent of the company’s shares. The shareholders meeting of “Khukh gan” company will be held on the 30th of this month.

The company’s share price has increased by 67.8 percent over the past year, reaching MNT 100. As a result, the market capitalization has reached MNT 10.2 billion.

Source: BloombergTv.mn