The Wall Street Journal: Mongolian Coal M&A Still Hot to Trot

The stampede of coal M&A isn’t slowing down in the land of Genghis Khan. After successful buyouts of Hunnu Coal and QGX’s coking coal assets over the past six months, the latest company with Mongolian coal deposits to move into the crosshairs of acquirers is Guildford Coal’s Terra Energy unit. Newcastle-based Guildford Coal originally planned to list Terra Energy, which is expected to produce its first coal from the South Gobi project in Mongolia in the first half of next year, on the Australian Securities Exchange and hired UBS to advise on the process. To read the full article, click hereMongolian Coal M&A Still Hot to Trot

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