Mongolia eyes U.S. Peabody to develop giant coalmine | Reuters: "ULAN BATOR, Oct 16 (Reuters) - The state-owned developer of the huge but remote Tavan Tolgoi coal deposit in Mongolia has invited U.S. miner Peabody Energy to help build infrastructure at the project ahead of a much-delayed bidding process, a senior company official said.
State-owned miner Erdenes Tavan Tolgoi Ltd (ETT), which holds the licences for the coal-rich Tavan Tolgoi area in the South Gobi desert, has asked the U.S. firm to draw up logistic and infrastructure plans for the project's western Tsankhi block, its chief operating officer Graeme Hancock told Reuters on Friday."
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