Mongolyn Alt (MAK) was founded in 1993 with a focus on geological exploration and mining. It began its journey by developing Mongolia’s first-ever lode gold deposit and made history by initiating the country's first coal exports. Over the last three decades, the company has diversified into various sectors, including heavy industry - energy, building materials manufacturing, tourism - real estate, and agriculture. Additionally, it has established a number of subsidiary companies.
This expansion has enabled MAK to create 4,000 jobs, collaborate with more than 1,200 suppliers and subcontractors, and establish partnerships with around 100 companies worldwide. We have made significant financial contributions, totaling 2.1 trillion MNT, to state and local budgets through taxes and fees, and has conducted over 100 social responsibility initiatives. Additionally, MAK company has been ranked among the Top 100 enterprises in Mongolia for 25 consecutive years.