Strategic plan developed for coal mine at Tavan Tolgoi

Oyundelger 2016-12-18 11:12

Mining

Mongolian Government has developed a plan for its strategically important coal mine at Tavan Tolgoi.

Strategic plan is developed for coal mine at Tavan Tolgoi. Mongolian Government has developed a plan for its strategically important coal mine at Tavan Tolgoi. Firstly, Mongolia will own not less than 51% of a joint venture for implementing the Tavan Tolgoi project and will guarantee ‘Erdenes-Tavan Tolgoi’ (ETT) company’s involvement at an appropriate level. Secondly, Mongolia will own 51% of joint venture to construct a railway line between the Tavan Tolgoi mine and the Gashuun Sukhait border crossing with China; in the, Mongolian Railway (MTZ) will be involved. Additionally, project implementers can export the coal after extraction in Mongolia. It aims to increase the capacity of coal processing plants or to construct a concentrate plant. Moreover, project implementers and operating companies must ensure the involvement of Mongolian enterprises at a potentially high level.