ULAN BATOR, June 13 (Xinhua) -- Mongolian industrial output increased by 15.7 percent year-on-year in the first five months of 2019, reaching 6.9 trillion Mongolian tugriks (2.6 billion U.S. dollars), official data showed Thursday.
The growth was mainly attributed to a significant increase in the output of main mining and extractive products, according to the National Statistical Office.
The volume of raw coal production rose by 39.4 percent, and the volume of iron ore production increased by 5.2 percent year-on-year.
Mining is Mongolia's main economic sector. The industry products last year accounted for about 85 percent of the total industrial production in the landlocked country, which is rich in natural resources such as gold, silver, iron, coal and copper.
