Problems increase in Mongolia's Tavan Tolgoi coal mine - UPI.com: "ULAN BATOR, Mongolia, Jan. 29 (UPI) -- Mongolia's massive state-owned coal mine, the Tavan Tolgoi, is facing increasing problems.
Last week, Erdenes-Tavan Tolgoi, the state-owned mining company that owns the Tavan Tolgoi project, said it had stopped coal exports to China and threatened to cancel its coal-for-loan deal with Chinese resource company Aluminum Corp. of China, or Chalco.
The Tavan Tolgoi deposit, about 125 miles from the Chinese-Mongolian border, has a total estimated resource of 6.4 billion tons, one-quarter of which is high-quality coking coal."
'via Blog this'
Last week, Erdenes-Tavan Tolgoi, the state-owned mining company that owns the Tavan Tolgoi project, said it had stopped coal exports to China and threatened to cancel its coal-for-loan deal with Chinese resource company Aluminum Corp. of China, or Chalco.
The Tavan Tolgoi deposit, about 125 miles from the Chinese-Mongolian border, has a total estimated resource of 6.4 billion tons, one-quarter of which is high-quality coking coal."
'via Blog this'
