What we do

We provide a range of mineral commodities, sourced directly from Mongolian mines and certified to international standards:

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Fluorspar (spar)

- Acid Grade: ≥97% CaF₂, low SiO₂ and S
- Metallurgical Grade: 60–85% CaF₂

Gas coal & Coking coal

- Gross Calorific Value: 6,000–7,200 kcal/kg
- Ash: <10–12%
- Sulfur: <1%

Brown coal (Lignite)

- GCV: 2,800–4,500 kcal/kg
- Used in power generation and regional industries.

All shipments are tested and certified by leading inspection agencies (SGS, Bureau Veritas, Mongolian-accredited labs), with results verified at border or discharge points as required, secure logistics, end-to-end traceability, and oversight from our in-house geologists.

1. Pre-Export Compliance

1.1. Testing and section of commodities from selected mines
1.2. Due diligence on mining plans and mine operations
1.3. Review of mining licenses, tax clearance and export permits from Mongolian Ministry of
Mining & Heavy Industry
1.4. Customs declaration, assay reports, certificates of origin and export documentation
prepared

2. Logistics & Border Clearance

2.1. Transport by rail of truck into China, seaborne from Tianjin thereafter.
2.2. Appropriate weighbridge certificates and packing lists prepared.
2.3. Mongolian customs clearance and transit documents processed.

3. Import & Delivery

3.1. Coordinating with buyers for inbound Customs clearance & quality inspections.
3.2. Final weight and quality report issued at discharge.
3.3. Goods delivered to buyer based on designated terms.

Clients & markets

We supply to:

- International trading houses in London and globally.

-Steel and chemical industry end users in China, across Asia, and Europe.

-Brokerages requiring consistent Mongolian-origin supply.

Qaras’ model provides trusted access to high quality, cost effective Mongolian commodities with reduced counterparty and logistical risks.

Mongolia's mineral advantage

With its close proximity to China, the world’s largest commodity consumer, and improving logistics links to Europe and Northeast Asia, Mongolia offers exceptional mineral sourcing at highly competitive terms. However, harnessing this potential requires deep local networks and expertise.

Since embracing a democratic, free‑market system in 1990, Mongolia has seen a surge in mining sector investment. From 1990 through Q3 2023, the country attracted around USD 31 billion in FDI into mining and extraction.

Mongolia possesses a diverse and rich mineral endowment, including over 8,000 individual deposits, including extensive deposits of coal, copper, fluorspar, gold, iron, rare earths, tungsten, uranium, zinc, and more. This breadth makes it one of the most resource-endowed nations globally.

Highlights of Mongolia’s key mineral resources:

- Coal: Over 33 billion tonnes of reserves, including highly sought-after coking coal for Chinese steel producers.

- Fluorspar: Ranked as one of the world’s top producers, with 34 million metric tons (12% of global reserves) and about 5% of world production (2022).

- Iron Ore: Vast untapped deposits with Fe content of 58–65%, located near major Chinese demand centres.

- Copper & Critical Minerals: Home to Oyu Tolgoi, one of the world’s largest copper-gold operations expected to produce up to 500,000 tonnes of copper annually by 2028.

- Rare Earth Elements (REE): Estimated up to 31 million tonnes of REE reserves, second only to China.

Compliance & ESG

We operate in full compliance with Mongolian mining and export law and international trade standards.

Mongolia enforces a high bar for ESG compliance, ensuring that:

• No conflict minerals enter the supply chain.

• No child labour or forced labour is used in production.

• Environmental regulations are embedded into licensing and operations.

• Community engagement and fair labour practices are mandatory at mine sites.

By sourcing from Mongolia, our clients access a supply base that is both strategically competitive and ethically sound, standing in contrast to many alternative global sources.

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