Mongolia eyes Peabody Energy to develop giant coalmine: "Reuters reported that Mongolia state owned developer of the huge but remote Tavan Tolgoi coal deposit in Mongolia has invited US miner Peabody Energy to help build infrastructure at the project ahead of a much delayed bidding process.
State owned miner Erdenes Tavan Tolgoi Ltd which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the US firm to draw up logistic and infrastructure plans for the project's western Tsankhi block."
'via Blog this'
