Mitsui will buy Tavantolgoi coal - News.MN

Mitsui will buy Tavantolgoi coal

Old News! Published on: 2012.03.13

Mitsui will buy Tavantolgoi coal

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Prime
Minister S.Batbold met with M.Ijima, President of Mitsui company yesterday. M.Ijima
expressed Japanese investors and producers giving very much attention to the Mongolian
Prime Minister’s visit to Japan.

S.Batbold
said that Mongolia working on ensure interest of Japanese participation in
Tavantolgoi project. “Japanese companies expressed their will to cooperate in
big projects such to built railway” said S.Batbold.

After this
meeting held a signing ceremony of memorandum of cooperation between Mitsui and
Mongolian state owned Erdenes Tavantolgoi company. Mitsui suggested to to build
power station and steel favtory in Mongolia. While signing this memorandum
Mitsui has possibility to cooperate in Tavantolgoi coal purchasing. Current
time Mitsui buying Tavantolgoi coal from Chinese companies.

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