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Erdenet Mining Corporation (Mongolian: Эрдэнэт үйлдвэр English: Precious factory) is a mining corporation in Erdenet, Mongolia.
The city was built in 1974 to exploit Asia's largest deposit of copper ore and is the fourth largest copper mine in the world.[1] The Erdenet Mining Corporation is one of the Mongolian state-owned enterprises and accounts for a majority of Mongolia's hard currency income. Erdenet mines 22.23 million tons of ore a year, producing 126,700 tons of copper and 1954 tons of molybdenum.[2] The mine accounts for 13.5% of Mongolia's GDP and 7% of its tax revenue.[3] The mine employs about 8,000 people.[4]
^"ГОК «Эрдэнэт»: история и перспективы развития". mining-media.ru. Retrieved 2023-07-26.
^Montsame News Agency. Mongolia. 2006, Foreign Service Office of Montsame News Agency, ISBN 99929-0-627-8, p. 80
^Montsame News Agency. Mongolia. 2006, Foreign Service Office of Montsame News Agency, ISBN 99929-0-627-8, p. 83
^Michael Kohn: Mongolia, p. 143, London 2008
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