Source: Mad-Mongolia, News.mn Date: August 17, 2011

Coal exports from Tavan Tolgoi recently commenced and will be followed by an increase in coal extractions, said Executive Director of Erdenes Tavantolgoi B. Enebish. Exports indicate the company will participate in the international market.

The director of the state-owned company said 15 million tons of coal will be extracted from the mine annually, yielding at 155-year reserve. However, the development of infrastructure is needed to handle this increase.

Negotiations are underway for several issues, including the candidate for a mine operator, the distribution of shares, the company to construct a railway for the mine, and the sum will pay the government in advance.