Mongolian firm mines 100 million t of coal
One of the biggest Mongolian mining companies, Baganuur JSC, has exploited its 100 millionth tonne of coal, coinciding with the 37th anniversary of the mine’s opening.
The Baganuur mine was founded in 1978 to provide thermal power plants with coal. A company spokesperson said that exploiting 100 million t of resources is a historical success among Mongolian mining companies, especially in coal mining.
Baganuur JSC is registered on the Mongolian Stock Exchange, and 75% of the company is owned by Erdenes Mongol LLC, while 25% is owned by Mongolian citizens.
The Baganuur coal mine is located 130 km from Ulaanbaatar, and has resources of 708.2 million t of coal.
Baganuur is a strategic deposit with the capacity for producing 4 million tpy of coal. The mine currently produces 3 – 3.2 million tpy of coal, making up 40% of the nation’s coal consumption.
Edited from various sources by Sam Dodson
Read the article online at: https://www.worldcoal.com/mining/12022015/mongolian-firm-reaches-coal-production-milestone-1876/
You might also like
Electrification in Mining virtual conference
Join us on 16 April 2024 for Global Mining Review's first Electrification in Mining event is an interactive virtual conference, focusing on electrification as the future of sustainable mining and exploring the innovative approaches and technologies being developed to facilitate its implementation.
NTPC sets 2025 coal production target
NTPC has set a target of 40 million t of coal production from its captive mines for the fiscal FY25.