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Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE


COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanza in Mongolia is gathering pace as news of mine developments and rail projects are announced on a growing basis yet so much is still unknown about the huge potential of Mongolian coals, the diversity of qualities, size of deposits, accessibility and what is required to bring the coals to market.

By the end of November 2010, the coal sector of Mongolia made very lucrative success first time in its history, the amount of extracted coal reached 20 million tons and 14 million tons have been sold to the foreign market and surpassing its copper export capacity. Due to the coal sector growth, thousands of new jobs are created and development booms are guiding Mongolia to the new path of prosperity.

The final figure for 2015 is forecasted to more than to 40 million tons. Can such dramatic growth be maintained? Waiting for an answer to this question are the buyers in Russia, China and the rest of Asia. China may look the most logical importer for Mongolian coals with distances between the mines and the end-users significantly shorter than they are for Russia’s industrial buyers, but great efforts are being made to open up links to Russian as well as to Chinese eastern sea ports, and on to other Asian countries.

What are the OBJECTIVES:
To put Mongolian coal on the international market, to expand channels of coal sales Internationally, to open up corridors of coal transport
To attract investment onto coal exploration and extraction projects
To develop supply network of the coal sector
To publicize Coal sector policy and planning of Mongolia to the investors

Who are supporting

Ministry of Mineral Resources and Energy
Mineral Resources Authority
Mongolian coal Association
The Business Council Of Mongolia
RMI
Mining Institute
Mongolian Mining Club

For more details and registration click here



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Wednesday, 02 February 11
BAYAN TO SUPPLY COAL TO TP UTILITIES LTD
Insider Stories has reportd that, Indonesia's one of the leading coal miner PT Bayan Resources Tbk (BYAN) owned by businessman Dato' Low Tuck ...


Wednesday, 02 February 11
HUGE TONNAGE OVERSUPPLY LOOMING FOR DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market taking another dive yesterday, to just over 1,000 points (1,084), losing more than 2% on the day, it’s more than obvi ...


Monday, 31 January 11
S. SUMATRA COAL RAILWAY TO BE COMPLETED ON SCHEDULE - THE JAKARTA POST
The Jakarta Post reported that, despite land acquisition problems, state coal mining company PT Bukit Asam is upbeat that the development of a railw ...


Monday, 31 January 11
COAL MINER PTBA TO DRIVE OUTPUT WITH ACQUISITIONS - THE JAKARTA GLOBE
The Jakarta Globe reported that, State coal company Perusahaan Tambang Batubara Bukit Asam said its output would increase 34 percent to 17.6 million ...


Saturday, 29 January 11
PRESSURE ON SHIPPING MARKET MAY CONTINUE UNTIL MID FEBRUARY 2011
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1370 points. In  May 2010 the BDI touched 4,209 ...


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