Darkhan metallurgical plant has developed its 2024-2028 mid-term strategic plan in alignment with Erdenes Mongol LLC overarching strategy. Over the next five years, the company aims to expand operations, transition from raw material extraction to value-added processing, and enhance steel production using its own mineral resources. Key priorities include maximizing production capacity, implementing strategic projects within the Darkhan Industrial and Technology Park, and broadening the steel product portfolio.
By executing this strategy, Darkhan metallurgical plant will establish a fully integrated metallurgical complex capable of meeting Mongolia’s domestic demand for steel billets and finished products. Furthermore, the company will play a pivotal role in advancing the Darkhan Industrial and Technology Park, fostering a cluster-based ecosystem for metal product manufacturing and industrial growth.
Following a comprehensive assessment of its operations and challenges, the company has defined four strategic objectives to drive sustainable growth, operational efficiency, and long-term profitability:
- Optimize management structure and operational efficiency
- Drive business growth and profitability
- Ensure stable and sustainable production
- Successfully implement projects within the Darkhan Industrial and Technology Park
To achieve these goals, the company, in collaboration with Erdenes Mongol LLC, must address critical challenges related to infrastructure, investment, human resources, and management efficiency. Recognizing the inherent risks, a comprehensive risk assessment and mitigation plan will be implemented throughout the five-year period to ensure sustainable growth and resilience.
As part of the Erdenes Mongol group, Darkhan metallurgical plant is committed to resolve scrap metal supply challenges, optimizing production capacity, and establishing a fully integrated iron ore-to-steel manufacturing complex. These initiatives will not only strengthen Mongolia’s steel industry but also make a significant contribution to national and regional economic growth. Over the next five years, the company will gradually enhance iron ore processing capabilities and focus on producing high-value, innovation-driven end products that align with modern industrial standards.