Tengri Holdings has established Strategic Partnership with First Reserve Corporation (FRC) and Connect Resource Services (CRS) and successfully collaborating with them in the mining sector since 2011.

We appreciate our partnership with FRC and CRS, it demonstrates that Mongolia is becoming an active player in the mining sector in the international arena. We would like to emphasize that this is the first time that these worldwide recognised companies are investing in and collaborating with a Mongolian company.

FRC is a premier global energy-focused private equity and infrastructure investment firm with $23.1 billion of raised capital since the Firm’s inception. For over 29 years, FRC has been focused on making investments exclusively across the energy spectrum. During that time, FRC has developed a preeminent franchise by utilizing its broad base of industry knowledge and strategic relationships.

CRS is a privately owned investment and investment consulting firm specialising in business evaluation and the management of investments. Opportunities identified and developed by CRS enable the investors to participate in the buyout, development or sponsorship of resource projects. In addition the company is active in the acquisition or development of key service providers to the mining industry.

Beyond that, we are collaborating with the world’s most famous consultancy and services companies such as Calibre Global and RISC-Resource Industry Consulting and Xstract Mining Consultants, aspiring to develop our practices in compliance with the international standards.