RAD Torque Systems is a Canadian-based manufacturer specializing in high-precision torque tools designed for demanding industrial applications. With over 30 years of experience, RAD is recognized globally for its innovative pistol grip torque wrenches, widely used across industries such as mining, aerospace, construction, and energy.
The expansion of the FLS Mongolia Service Centre was officially inaugurated today, November 4, 2025, marking a significant step in setting new standards for technology and service within Mongolia’s mining sector.
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At its cabinet meeting on the 20th of August, 2025, the Government introduced a new procedure for calculating the mineral resource utilization royalty (commonly referred to as the mineral royalty).