www.mad-mongolia.com September 2, 2013
Erdenes Tavan Tolgoi LLC (Erdenes TT) has granted a one-year contract to extract coal at the West Tsankhi block of Tavan Tolgoi coal mine to the “Mongolian Miners” partnership. The partnership consists of three local companies; “Khishig Arvin Industrial LLC”, “Mera” and “Mongolian National Extractor”.
Khishig Arvin Industrial LLC completed removing soil at the giant Tavan Tolgoi coal mine at the West Tsankhi block. The “Mongolian Miners” partnership of Khishig Arvin Industrial LLC, Mera and the “Mongolian National Extractor” won the bid at a tender for extracting coal at West Tsankh block of Tavan Tolgoi mine.
Erdenes Tavan Tolgoi LLC has been delivering cocking coal from East Tsankhi to China to help pay off the 350 million US dollar loan for Chalco. But Erdenes TT is seeking other buyers to buy coal from West Tsankhi.
Erdenes TT plans to mine 3-4 million tons of coal at East Tsankhi and 2-3 million tons of coal at West Tsankhi this year.