Mitsui will buy Tavantolgoi coal

Prime Minister S.Batbold met with M.Ijima, President of Mitsui company yesterday. M.Ijima expressed Japanese investors and producers giving very much attention to the Mongolian Prime Minister’s visit to Japan.

S.Batbold said that Mongolia working on ensure interest of Japanese participation in Tavantolgoi project. “Japanese companies expressed their will to cooperate in big projects such to built railway” said S.Batbold.

After this meeting held a signing ceremony of memorandum of cooperation between Mitsui and Mongolian state owned Erdenes Tavantolgoi company. Mitsui suggested to to build power station and steel favtory in Mongolia. 

While signing this memorandum Mitsui has possibility to cooperate in Tavantolgoi coal purchasing. Current time Mitsui buying Tavantolgoi coal from Chinese companies.

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