Coal Investing News: Commodities Giant Trafigura Shopping for Coal and Iron Projects in Mongolia

In 2011, Mongolia eclipsed Australia as the main exporter of coking coal to China, which became a net importer of the raw material in 2009. Over the next 20 to 30 years, domestic coal production in China is expected to end as mineable resources disappear while demand continues to rise, placing neighboring resource-rich Mongolia in a fortuitous position. To read the full article, click hereCommodities Giant Trafigura Shopping for Coal and Iron Projects in Mongolia

This entry was posted in Mongolia News. Bookmark the permalink.

Comments are closed.