CAPITAL MARKETS

Tavan Tolgoi mine development could be shared

THE Mongolian government has reduced the number of companies in the running to develop the country’s $US7.3 billion Tavan Tolgoi metallurgical coal project, with Peabody Energy and Vale both believed to have made the shortlist.

Lauren Barrett
Tavan Tolgoi mine development could be shared

Prime Minister Sukhbaatar Babtold told Bloomberg Television he was very close to making a decision and had narrowed the number of candidates down to a handful. “There are going to be about three or...

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