Mongolia struggles to develop its largest coal mining project, Tavan Tolgoi, with reserves of 7.4 billion tonnes of coal, after the Mongolian Government failed to secure $4 billion in funds.
Mongolian state-owned coal miner Erdenes Tavan Tolgoi JSC is ramping up work on a planned Hong Kong initial public offering (IPO) that could raise more than US$1 billion, people familiar with the ...
Cash-strapped Mongolia is planning to bring back to life the long-delayed and massive Tavan Tolgoi coal project in the south Gobi desert, as the land-locked country looks for ways to revive its ailing ...