(EnergyAsia, April 3 2012, Tuesday) — Unable to proceed with its long awaited floatation to raise US$3 billion, Mongolia’s state-owned Erdenes Tavan Tolgoi (ETT), which owns possibly the world’s largest coking coal deposits, will have to find an alternative to fund its expansion plans. Bickering among the country’s politicians has prevented ETT from proceeding with plans…
MONGOLIA: Erdenes Tavan Tolgoi to explore ways to raise funds with prolonged IPO delay
Posted on April 3, 2012 by EnergyAsia