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China’s Shenhua Energy hopes to mine coke in Mongolia PDF Print E-mail
Thursday, 22 November 2007
ImageChina’s Shenhua Energy Co., Ltd. is seeking to purchase the rights to develop coke mine in Mongolia. 

The coke mine Shenhua will develop is located in Ömnögovi Aimag, only 100 kilometers from China. If Shenhua is able to negotiate the agreement, they have announced plans to build a 500 kilometer rail link to a site in China’s Inner Mongolia province. 

Shenhua officials said they hope to extract over 10 million tons of coke from the Ömnögovi Aimag site.  

"We are not sure how much coke we can purchase from the coal mine. It depends upon the Mongolian government. Also, the government has not decided whether we will be the sole contractors for the project or whether other companies will do a deal as well," Huang Qing, secretary to the board of directors of Shenhua Energy, told the China Internet Information Center. 

Industry officials were quick to mention that this acquisition would be China’s Shenhua Energy’s first mine purchased outside of China.


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 1 Written by old friend, on 2007-11-22 06:57:14, IP: 202.131.3.91
So what is this mysterious mine?

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The Hovsgol GEF/World Bank launched their new website. It contains lot's of information on the area of Hovsgol and the research that is being carried out there.
You can see it yourself at hovsgolecology.org.