Prophecy Coal Corp. announced
on Thursday it has exported a shipment of 650 tonnes of thermal coal, which is
the equivalent of ten wagons, from the company”s Ulaan Ovoo mine in Mongolia.
The coal was loaded on to rail at Sukhbataar rail station and crossed the
border into the Republic of Buryatia in Russia via Naushki. The coal was sold
to Energy LLC, a company registered in the Buryatia Republic of Russian
Federation, which was then consumed in local Buryat power stations and boilers.

J. Batuyev, Minister of
Buryat Government and Official Representative of Buryat Government to Mongolia
comments, “This is a historic event, as this is the first ever shipment of
Mongolian coal to Buryatia, Russia, and we believe that Ulaan Ovoo coal will
become a significant source to feed the energy sector of this region”.