Mongolia Raises Electricity Prices for Miners by as Much as 30% - Businessweek: "Electricity prices for mining companies that tap into Mongolia’s central grid will rise by as much as 30 percent in August, the country’s Energy Regulatory Commission said today.
“The mining companies are using most of the energy in the country, around 40 percent of the total,” Sainbuyan Otgonbayar, chairman of the commission, said at a briefing today. “So instead of increasing the price for citizens, we have decided to pass the biggest part of the cost increase to the mining companies.”"
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“The mining companies are using most of the energy in the country, around 40 percent of the total,” Sainbuyan Otgonbayar, chairman of the commission, said at a briefing today. “So instead of increasing the price for citizens, we have decided to pass the biggest part of the cost increase to the mining companies.”"
'via Blog this'
