Shivee Ovoo JSC logo
Shivee Ovoo JSCMSE: SHVPublic CompanyMining
Shivee Ovoo JSC logo

Shivee Ovoo JSC

AI-Generated
MSE: SHVPublic CompanyMining
Overview
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
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
Metric20242025
Revenue111T61.6B
Gross Profit(6.96T)8.54B
All figures in MNT. K = thousand, M = million, B = billion, T = trillion.Source: MSE
Ownership & Structure

Shareholders

Erdenes Mongol LLC (controlling)90%
Executive Team
GB
CEO
Gombodorj Batsuuri
Chief Executive Officer