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Mongol Basalt JSC reported that the 2,248 tons of rockwool insulation materials produced in 2023, which lowered 58,543 tons of greenhouse gasoline emissions. Throughout the reporting interval, it was emphasised that 78,266.4 MW of power was saved by rockwool insulation supplies. As well as, the corporate can also be implementing the inexperienced mission “GROWOOL”, which may produce sustainable meals in 4 seasons with out relying on local weather and climate, and was expanded in 2023 to construct a four-season hydroponic greenhouse, and it’s deliberate to be put into operation in 2024.
The corporate has the chance to grow to be the world’s main producer of high-tech, progressive merchandise and grow to be an exporter of uncooked supplies in the Central Asian market. It’s the main firm within the discipline of know-how analysis and experimental improvement in Basalt mineralization. Mongol Basalt reported that its 2023 income was down about 20 p.c from the earlier yr. The corporate emphasised that the value of the product was lowered by greater than 35 p.c. As well as, the Mongol Basalt firm began to construct a brand new manufacturing line. This enlargement highlights the corporate’s aim of doubling its present manufacturing capability to provide greater than 50,000 tons of merchandise per yr and introducing new energy-efficient options.
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