Mongolyn Alt (MAK) LLC is a one of the privately owned conglomerates in Mongolian involved in gold mining with later expansions into coal and copper mining. It was established by Nyamtaishir Byambaa in 1993. Early operations During the first 10 years history MAK studied the mineral resources of Mongolia and converted certain mineral reserves into successful businesses. And also developed responsible mining, invested in the regional and environmental development, health and education sectors of Mongolia, which in turn largely contributed to the development of the Mongolian economy and society. In the following 10 years MAK have established processing and manufacturing businesses. By commissioning plants with leading technologies, such as “Euro Block Plant”, “Euro Cement Plant” and “EuroWindoor Plant”, we have been contributing to stop Mongolia’s dependency from imports and introduced a new era of innovation in the construction material sector. Further, the company have been able to create a favourable environment for Mongolian citizens to work, to be proud of their profession and skills. Timelines 1993 - Mongolyn Alt (MAK) LLC was established and started its business operations with the Ikh Galt gold mine 1995 - MAK founded Bumbat LLC, a Mongolian-Cana dian JV and became the 4th largest gold producer in Mongolia 2000 - MAK diversified its business by commencing thermal coal production 2002 - “Qinghua-MAK Naryn Sukhait” LLC, the first Mongolian-Chinese JV in mining sector, was established 2007 - MAK started its mining operation at Naryn Sukhait Coal Mine 2010 - The Naryn Sukhait mine produced 5 million tons of coal 2015 - Commissioning of MAK Euro Block Plant 2017 - Commissioning of MAK Euro Cement Plant 2018 - Commissioning of Naryn Sukhait Coal Processing Plant 2019 - Commissioning of MAK Euro Windoor Plant 2022 - Commissioning of MAK Euro Venti Plant External links Official website MAK Company profile - EMIS MAK Company profile - ECRC References Mining companies of Mongolia