Mongolia is a significant world producer of fluorite. With annual production of over 500,000 tons of ore and 180,000 tons of concentrate (chemical and metallurgical grades), Mongolia ranks fourth in the world behind China, Mexico and South Africa in fluorite production. In addition, Mongolia produces more than 90% of the world’s fluorspar. In turn, Berkh-Uul Mine is the leading fluorite mine in the country, and one of six mines found in Mongolia.

The main activities of Berkh Uul mine are: Fluorspar mining and fluorspar production (6,000 ton), Gold mining (20 kg) and Coal mining (30,000 ton) annually. Since 2005, many foreign companies and investors have been interested in the mine including leading individuals and companies from Canada, France, and Australia.

The company has been selling public shares since April 11, 2002 with the initial price of 100 MNT per 1 unit of stock

Ticker symbol-         BEU
Stock Code-             492
Total issues -          19 062 080

Market capitalization- 2 859, 3 million MNT (as of March 2008)

Source: www.mse.mn

http://www.mimc.mn/en/main-content/mongolian-mineral-resources.html