COAL EXPORTED MAINLY THROUGH GASHUUNSUKHAIT

Ulaanbaatar /MONTSAME/ A 64 percent of the country’s total coal export was made through the Gashuunsukhait port, to China, mostly by those companies exploiting Tavan tolgoi deposit, in the nine months of this year. An overall volume of the coal exported through it to China stood at 8.7 million tonnes of coal, a major part of which belonged to the "Energy Resource" LLC., for example, only in three quarters it passed to the south neighbor 4.7 million tonnes of coal. In the same period, the "Erdenes Tavantolgoi” state-owned company, which started exporting coal since last year from the West Tsankh deposit, supplied 3.9 million tonnes to the Chinese market. Doubling its export against the same period of 2013, this company intends to achieve an export of six million tonnes of coal this year. It is estimated that, when the strategic investor at Tavan tolgoi deposit is chosen, the exports as well as the incomes will increase. The National Statistics Office informs that Mongolia’s coal export has amounted to 13.5 million tonnes and has shown increase of nearly two million tonnes, compared to the same period of 2013. However, the income decreased USD 150 million due to the decline in coal prices.