In 1998, Mongolian “Metal Impex” Co.,Ltd and world mining company China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co.,Ltd (NFC) have established  joint ventured “Tsairt Mineral” LLC and successfully realized Tumurtiin-Ovoo project with so many people’s efforts and spirits in 2005 Tumurtiin-Ovoo project is located in 13 km north from Baruun-Urt the center of Suhbaatar province, approximately 650 km from Ulaanbaatar, the capital city of Mongolia.