Coal mining statistics released
The state has released coal mining statistics ahead of next month’s “Coal Mongolia 2012” forum for international investors.
Mongolia has coal reserves of 162.3 billion tons. The Mineral Resources Council verified 24 new deposits in 2011.
The executive director of the Mongol Coal Association, T.Naran, says Mongolia exploited 33 million tons of coking coal in 2011, 23 million tons of which were exported to China. The association says there are plans to export coking coal to Japan and South Korea through the Tyanjing port.
S.Altankhuyag, head of the Mineral Resources Authority’s Coal Research Department, says Mongolian companies sell coal cheaper than the world market price because the country is landlocked and the infrastructure insufficient. Also, the exported coal is raw. That is why the authority plans to begin processing coal and producing value-added products in the future. Energy Resource has built the first coal-washing factory in Mongolia and a second will open soon, and Erdenes Tavantolgoi will build a coal processing factory.
S.Altankhuyag said the authority has begun researching fuel production from coal under an agreement between the governments of Mongolia and Germany. S.Altankhuyag also said mining companies plan to begin supplying coal for domestic power plants in phases. The Baganuur, Shivee-Ovoo, Aduunchuluun, and Sharyn Gol mining projects have worked at a loss due to supplying coal to power plants.
Mongolia has coal reserves of 162.3 billion tons. The Mineral Resources Council verified 24 new deposits in 2011.
The executive director of the Mongol Coal Association, T.Naran, says Mongolia exploited 33 million tons of coking coal in 2011, 23 million tons of which were exported to China. The association says there are plans to export coking coal to Japan and South Korea through the Tyanjing port.
S.Altankhuyag, head of the Mineral Resources Authority’s Coal Research Department, says Mongolian companies sell coal cheaper than the world market price because the country is landlocked and the infrastructure insufficient. Also, the exported coal is raw. That is why the authority plans to begin processing coal and producing value-added products in the future. Energy Resource has built the first coal-washing factory in Mongolia and a second will open soon, and Erdenes Tavantolgoi will build a coal processing factory.
S.Altankhuyag said the authority has begun researching fuel production from coal under an agreement between the governments of Mongolia and Germany. S.Altankhuyag also said mining companies plan to begin supplying coal for domestic power plants in phases. The Baganuur, Shivee-Ovoo, Aduunchuluun, and Sharyn Gol mining projects have worked at a loss due to supplying coal to power plants.
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