Import and wholesale of fast-moving consumer goods (FMCG)

We are proud to serve as a distributor of over 250 products from the United States, Italy, Spain, Greece, Turkey, South Africa, China, South Korea, Thailand, the Philippines, Singapore, Malaysia, and Indonesia, bringing their brands to the Mongolian market. Our company adheres to international standards in sales and distribution, and our network extends to over 4,500 retailers. We have become one of Mongolia's leading foreign trade and wholesale companies, supplying around a quarter of the country's imported food products and household goods. www.cosmo.mn

Innovative management and financial solutions for the real estate market

Founded in 2021, Rentpay is an innovative platform revolutionizing the Mongolian rental market. It offers financial services to tenants and high-quality asset and household management services to property owners. Our digital platform offers seamless solutions for renting, paying, and managing properties, making the process faster, easier, and more reliable for both tenants and property owners.

We aim to lead the digital transformation of the Mongolian rental market by combining technology and management to deliver enhanced convenience and accountability for all stakeholders. www.rentpay.mn

Tugalgatai thermal coal and Indert coking coal projects, a parent company of Tethys Mining LLC

In 2013, Cosmo Coal acquired Tethys Mining LLC from Brazil’s Vale S.A., a leading global mining company operating in over 30 countries. Since the acquisition, we have successfully developed and launched mining and export operations of two key assets: 'Zuun Khushuut' and 'Zuun Dalan'. Currently, we are focused on advancing the Chandgana-Tugalgatai energy coal project in Murun soum of Khentii aimag, and the Indert semi-coking coal project in Bukhmurun soum of Uvs aimag.

Our main project, Chandgana-Tugalgatai (JORC: 3.2 billion tons), is recognized in the region as one of the largest discovered thermal coal deposits. Comprehensive studies of the deposit have been conducted, including a preliminary technical and economic feasibility study by Luneng for a thermal power plant based on the coalfield. The site's coal content supports potential development of a thermal power plant, gas fuel production, and a chemical processing industry.

Indert deposit is part of the massive Kharkhiraa coal basin in Bukhmurun soum of Uvs aimag. The deposit contains 70.8 million tons of coking coal and 518 million tons of high-quality thermal coal (hard coal). These figures are expected to increase following the completion of ongoing explorations.

Nomingobi oil exploration project and a coalbed methane (CBM) project based on our coal assets

Our oil and natural gas project, Nomingobi, covers 12,000 square kilometers across Altai and Bugat soums of Govi-Altai aimag. The project is in the final stage of a production-sharing agreement with the Government of Mongolia. On the Chinese side of the area, Xinjiang’s Santanghu Basin contains three natural gas and seven oil deposits. Petroleum exploration in the basin has identified proven reserves of approximately 2 billion tons of oil and 5.8 billion cubic meters of natural gas, supported by nearby oil and gas pipeline infrastructure. Geological patterns indicate that 30–40% of the Santanghu Basin reserves extend into Mongolia, within our project area.

In addition to conventional oil exploration in the Nomingobi oil field, we are conducting coalbed methane (CBM) exploration on other coal deposits and mines owned by Cosmo Group.

Mining, sales, and logistics of Zuun Khushuut and Zuun Dalan coal mines

Tethys Mining was established in 2004 as a subsidiary of Brazil’s Vale S.A. and was acquired by Cosmo Coal LLC in 2013. We currently manage two major coal projects: Zuun Khushuut, a high-quality coking coal mine, and Zuun Dalan, a thermal coal mine. In recent years, mining and export activities at both mines have expanded with the addition of washing plants, making us a significant player in the industry.

Mining, transportation, and sales activities at Zuun Khushuut in Khovd aimag began in 2021, in collaboration with the state-owned Norinco International Corporation of the People's Republic of China. The mine is now operating at full capacity, exporting up to 3 million tons annually. Additionally, a coal-washing plant has been built and is now operating alongside the mine.