

Shivee Ovoo JSC
AI-Generated
MSE: SHVPublic CompanyMiningOverview
- Legal Name
- Shivee Ovoo JSC
- Company Type
- Public Company
- Listing
- MSE: SHV
- Industry
- Mining
- Founded
- 1990
- Market Cap
- MNT 37B
- CEO
- Gombodorj Batsuuri
- Parent Group
- Erdenes Mongol LLC
- Website
- shivee-ovoo.mn
- Coverage
- AI-Generated
About the Company
Shivee Ovoo JSC is a state-owned coal mining company established in 1990. The Company operates the Shivee Ovoo lignite mine located in Shiveegobi sum, Govisumber Province, approximately 260 km southeast of Ulaanbaatar. The Company conducts open-pit mining and supplies lignite coal primarily to Mongolia's power sector. With more than three decades of operating experience, Shivee Ovoo JSC continues to support the country's energy security through reliable coal production while promoting safe, environmentally responsible, and efficient mining operations.
Financial Performance
| Metric | 2024 | 2025 |
|---|---|---|
| Revenue | 111T | 61.6B |
| Gross Profit | (6.96T) | 8.54B |
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: MSE
Ownership & Structure
Part of
Shareholders
Erdenes Mongol LLC (controlling)90%
Executive Team
GB
CEO
Gombodorj Batsuuri
Chief Executive Officer