(EnergyAsia, April 13 2011, Wednesday) — A South Korean consortium has secured a US$3 billion deal to build a railway to serve Mongolia’s giant Tavan Tolgoi coal mine as part of their rapidly expanding bilateral commercial ties.With about 6.4 billion tons of reserves, Tavan Tolgoi is the biggest untapped coal mine in the world.The consortium,…
MONGOLIA: South Korea secures US$3-billion rail to serve coal mine, looks to expand ties
Posted on April 13, 2011 by EnergyAsia