Mongolia Keeping Rio Tinto Deal Puts Focus on Tavan Tolgoi Coal - Bloomberg: "Mongolia’s new government will ignore calls for the nation to take a larger share of Rio Tinto Group's Oyu Tolgoi copper and gold mine, focusing instead on attracting overseas investors to the country's biggest coal field, the foreign minister said.
The four-party ruling coalition of Mongolia, which the World Bank said was the world’s fastest growing economy last year, hopes to name “within months” who will develop part of the 6-billion-metric-ton Tavan Tolgoi coal field, Luvsanvandan Bold said in an interview in Tokyo on Oct. 2. The project, which has the U.S., China, Japan, Russia and South Korea interested, is a priority, he said."
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The four-party ruling coalition of Mongolia, which the World Bank said was the world’s fastest growing economy last year, hopes to name “within months” who will develop part of the 6-billion-metric-ton Tavan Tolgoi coal field, Luvsanvandan Bold said in an interview in Tokyo on Oct. 2. The project, which has the U.S., China, Japan, Russia and South Korea interested, is a priority, he said."
'via Blog this'
