Japan wants to collaborate with Mongolia in mining and other industries

Ulaanbaatar /MONTSAME/ The Japanese side has expressed its willingness to cooperate with Mongolia in the mining and other fields. Japan said it at the 6th Mongolia-Japan intergovernmental consultative meeting held last week. A report on it was given Tuesday by the Ministries of Economic Development, of Foreign Affairs and of Mining. The Japanese side has proposed buying coal with a cheap price for a long time and holding shares of the Tavan tolgoi mineral deposit. Moreover, Japan has expressed its willingness to establish a joint commercial corporation with an aim to augment the coal export of Mongolia. In response, Mongolia has put forward a proposal to have its mining experts trained in Japan and to take technical and technological support from Japan. During the meeting, the countries agreed to introduce a technology in Mongolia to enrich coal with a dry method using sand, to collaborate in a project of constructing the "Darkhan" oil refineries, and to cooperate in founding a factory of semi-coked briquettes with a purpose of reducing air pollution in Ulaanbaatar. In addition, the sides agreed to introduce a progressive technology of reducing greenhouse gas, to create infrastructure, products and to install a smart network of energy with a financing from the Japan Bank for International Cooperation (JBIC).