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 ...
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.
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 ...
THE COMPANY: Not to be confused with Erdenes Tavan Tolgoi, Tavan Tolgoi Joint-Stock Company (TT JSC, also known as Small Tavan Tolgoi) is still one of the largest coal mining companies in Mongolia.
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