Page 8 - AsiaElec Week 37 2022
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AsiaElec COAL AsiaElec
Mongolia continues to ramp up
coal, other mineral exports
MONGOLIA MONGOLIA continues to enjoy a ramping up Also last week, Mongolian copper con-
of its mineral exports, with coal shipments lead- centrate exports consigned in the year to date
ing the way. topped 1mn tonnes, recording a 9% y/y gain.
A total of 976,500 tonnes of coal were For iron ore and concentrate, the data showed
exported from September 2-8, a tripling of the 2.7mn tonnes exported from the beginning
volume shipped year-on-year, according to the of the year to September 8, marking a 49% y/y
Mongolian Mining Ministry and Heavy Indus- decrease year, but amounting to a significantly
try. Since the beginning of the year, 15.9mn better showing than was seen by August.
tonnes of coal have been exported by the north-
ern neighbour of massive coal consumer China,
up 20% y/y.
Elixir spuds first well at Nomgon
IX coal bed methane production
programme in Mongolia
MONGOLIA ASX-LISTED Elixir Energy said on September Two pilot wells, Nomgon-8 and Nomgon-9,
12 it has spudded its first well in its Nomgon IX are to be drilled by contractor Major Drilling
coal bed methane pilot production programme Group to reach a depth of around 600 metres
in Mongolia. each, with the work expected to take less than 30
“Our pilot production project has been a key days to complete.
focus for our technical and operational teams Pilot production testing operations will begin
for over a year now given the COVID and other within weeks of the wells being completed. All
logistical issues surrounding bringing in equip- testing equipment such as pumps, casing and
ment from multiple countries. It is therefore generators are already on site.
great to see operations commencing - and our Elixir has awarded the tender for an addi-
planned gas flows are hopefully now only a mat- tional, more technically advanced rig to join the
ter of months away,” said company managing current three-rig exploration campaign to Major
director Neil Young. Drilling to improve drilling performance.
Elixir wholly owns the Nomgon IX coal bed Drilling operations using the new rig should
methane (CBM) production sharing contract start within the next few weeks.
(PSC).
P8 www. NEWSBASE .com Week 37 14•September•2022
