Mongolia opens international coal conference

Nzweek reported that an international coal conference opened drawing 740 participants from more than 10 countries.

Mr Davaajav Gankhuyag mining minister of Mongolia said to the participants that the conference was aimed at attracting foreign investment and boosting international cooperation. Mongolia also planned to promote environmentally friendly technology and enhance the global competitiveness of Mongolian coal exploring, mining and processing during the 2 day conference.

Mongolia’s coal reserves were estimated at 173.3 billion tonnes with 21.5 billion tonnes having been explored. At present, Mongolia has more than 300 coal mines ranking among the world’s 10 largest coal countries. The turnover of the coal industry stood at USD 600 million in 2012.

Source - Nzweek.com

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