Second wind farm for Mongolia

CLEAN Energy Asia LLC and its shareholders, Newcom LLC and SB Energy Corp, have signed financing agreements with the Japan International Cooperation Agency (JICA) and the European Bank for Reconstruction and Development (EBRD) to construct a 50MW wind farm in southern Mongolia. Clean Energy Asia will construct the Tsetsii Wind Farm at Tsogttsetsii Soum, Umnugobi Aimag, and aims to launch operations in December 2017.

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Bayan Airag in touch with communities

AS well as providing employment opportunities for the communities in Zavkhan province of western Mongolia through its gold mine, Bayan Airag Exploration LLC is supporting the same communities by keeping them informed of its activities and supporting social programs.

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BNU coal mine back in full swing

TERRACOM Limited has completed recommissioning the Baruun Noyon Uul (BNU) Coking Coal Project and the mine is in full production. This follows the signing of a binding long form offtake agreement with a wholly-owned subsidiary of China Kingho Group for a 5.5 year offtake of hard coking coal produced from the South Gobi mine.

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Study shows Ovoot rail section is feasible

THE first stage feasibility study for the Northern Rail Corridor in Mongolia has concluded that the project is financially feasible. The study, which was prepared by China Railway First Survey and Design Institute Group Co Ltd (FSDI), covers the Erdenet to Ovoot section.

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