Mongolia aims to boost Chinese coal sales to 100Mt
Mongolia is aiming to increase its coal exports to China by almost a fifth this year, as it seeks to expand energy cooperation with its resource-hungry neighbor.
The central Asian nation forecasts that exports of the steel- and power-making fuel would rise to 100 million tons this year, Mongolian Prime Minister Oyun-Erdene Luvsannamsrai said in an interview on Monday. The two nations reached a deal on Friday for a new cross-border rail link that will increase capacity by 30-million tons.
It’s one of several rail connections Oyun-Erdene is hoping to create, eventually boosting the nation’s coal export capacity to China to 165 million tons, nearly double the almost 84 million tons it sent last year. He also wants to cooperate with China and other nations across energy sectors, from green power generation, hydrogen production and natural gas transit.
“Mongolia has vast land capable of producing energy,” Oyun-Erdene said. ”We can sell the energy to China and also other Asian superpowers.”
Mongolia’s government also plans to push for trilateral negotiations with China and Russia over the Power of Siberia 2 pipeline, a massive proposed natural gas conduit that has stalled over price negotiations. Mongolia is ready to move forward with it if an agreement can ever be reached, Oyun-Erdene said.
The nation also wants to use its coal reserves to produce hydrogen, which has been touted as a fuel of the future for heavy industries like steel-making. Oyun-Erdene said Mongolia has been in talks with countries in the Middle East about potentially exporting its hydrogen to them.
Comments
Research Reports
Projects
Latest News
Showroom
Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...
VISIT SHOWROOM
The SAIMM started as a learned society in 1894 after the invention of the cyanide process that saved the South African gold mining industry of the...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
