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As one of the three large coal mines in Mongolia, Baganuur mine provides most of the coal, used by the five combined heat and power plants in Ulaanbaatar, Darkhan, and Erdenet as well as by the country’s main industries and small consumers. Mongolia is estimated to have potential reserves of 125 billion metric tons and the current coal production is over 5 million metric tons.

Baganuur had carried out large-scale technological renovation of mine equipment in the framework of the project "Mongolian coal" which began in 1995. As a result, the company remains the main coal supplier in Mongolia and will continue to carry out its main role of supplying the Mongolian population with heat and energy. Baganuur JSC is currently benefiting from the rehabilitation of its mines and further development conducted with assistance from the World Bank and the Japan International Cooperation Agency (JICA).

 The company attests that it is always ready to cooperate with organizations and individuals who put their efforts into Mongolia's development.

Mongolia is estimated to potentially have reserves of 125 billion metric tons of coal. Current coal production stands at over 5 million metric tons per year. Much of the coal found in Mongolia, and near the Baganuur JSC mine contains only small quantities of ash and sulfur making it ideal for hermal power generation.

The company has been selling public shares since February 16, 1994 with the initial price of 100 MNT per 1 unit of stock. The company is currently offering 25% of its stocks to the public.