Page 11 - AsiaElec Week 26 2022
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AsiaElec COAL AsiaElec
Mongolian coal exports by truck to
China increase in June
MONGOLIA MORE than 500 Mongolian coal trucks crossed crossed Khangi border crossing, 141 Bulgan bor-
the border into China on a daily basis during the der crossing and 88 Shiveekhuren border cross-
month of June, according to Mongolia’s Ministry ing, which was closed from October till May.
of Mining and Heavy Industries. Additionally, on that day 49 trucks carrying
The figures are closely watched given the copper concentrate passed through the Gashu-
financial hit Mongolia has taken from China’s unsukhait border crossing and seven trucks
“Zero Covid” policy that has placed stringent transporting iron ore concentrate crossed the
restrictions on cross-border traffic flows. Hangi border crossing.
Outlining the improvement in the coal truck In the first five months of this year, coal truck
data, the ministry said that, for example, on June exports generated Mongolian tughrik (MNT)
23, 478 coal trucks went through the Gashuun- 503.9bn ($160.3mn) for the state budget, up 35%
sukhait border crossing, the busiest border point y/y, the ministry added.
for Mongolian coal trucks, while 126 vehicles
Rio Tinto, Mongolia to
address climate change
MONGOLIA RIO Tinto on June 24 signed an agreement with Environment and Tourism of Mongolia are to
Mongolia’s environment ministry to address form a joint team to develop and execute climate
climate change and desertification issues in change and desertification projects running
the country. The giant Anglo-Australian miner between 2022 and 2026.
operates the huge Oyu Tolgoi copper and gold Natural and climate disasters, including for-
mine in Mongolia’s Gobi Desert. est fires and droughts, have become increasingly
While the world average temperature has common in Mongolia and the wider region.
warmed by 0.86 degrees Celsius (33.548 Fahren- Turquoise Hill Resources holds a 66% stake
heit) in the last century, Mongolia’s average tem- in the Oyu Tolgoi mine. The remainder is held
perature has risen by 2.25С in the last 80 years, by the Mongolian government. Rio Tinto owns
Rio noted in a statement. 51% in Turquoise Hill and is attempting to buy
Rio Tinto’s local operator, Canada-based full control of the miner.
Turquoise Hill Resources, and the Ministry of
Week 26 29•June•2022 www. NEWSBASE .com P11
