Wednesday, September 4, 2013

Mongolia pins coal export ranking hopes on railway - SCMP

Mongolia pins coal export ranking hopes on railway - SCMP The landlocked country aims to regain the top position it lost in the first half by 2015 when transport link to major China market is completed The share of Mongolia's coal exports to the Chinese market has dropped to 17pc in the first half of this year from 35.7pc for the whole of last year. "Competitiveness of Mongolian coal is strongest in the China market due to its geographical proximity, but it has been hampered by the major obstacle of transportation," said Battsengel Gotov. "With the expected completion of a railway by the end of 2015, Mongolia will make a comeback."