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New rail line may transport Mongolian coal to China |
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Thursday, 16 August 2007 |
 China Shenhua Energy announced
Tuesday that it may build a rail line to transport coal from Mongolia,
if it is able to negotiate a new mining contract with Ulaanbaatur.
"Once we win the coal
project in Mongolia, we will consider building a rail link to transport
the fuel here," Huang Qing, spokesman for Shenhua, told Bloomberg
News.
Since 80 percent of China’s
electricity is generated from burning coal, it is seeking additional
sources of coal in Mongolia as well as Indonesia, Australia, and Vietnam.
Shenhua Energy hopes to triple
its electricity output in the second half of 2007.
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