The Directors Board of Erdenes TT held a meeting on Friday.

However it is not clear what issues raised during the meeting but the current problems faced by the company were expected to be discussed.

Erdenes TT halted coal exports from the coking coal giant Tavan Tolgoi to China due to financial difficulties related to the logistical support company.  Coal exploration was also halted. Therefore the prior issue might be discussed during the meeting is coal export.

Erdenes TT LLC were seeking a loan from the Government and the Government agreed to grant them 200 million US dollars this week. Economists warn that the 1072 shares for each citizen would lose the value due to the debt.

Unconfirmed source say that the Directors Board discussed the budget for 2013.