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The reason for the protest was a corruption scandal involving the theft of $12.9 billion worth of coal. Mongolian authorities had met with the protesters and promised to investigate the affairs. An investigation committee was announced by the Parliament and several officers suspected of coal theft were arrested.
Investigations found that the accident was a result of illegal construction and production of the coal mine, reckless operation of the contracting construction company, and oversight by local party committees, governments, and departments.
Erdenes Tavantolgoi JSC (abbreviated as ETT JSC) is the largest coal exporter in Mongolia. It is a state-owned company. History. In December 2022, protests broke out ...
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The Tavan Tolgoi, the largest coal site in Mongolia, which has high-grade coal deposits is expected to yield six billion tonnes of coal. [6] While the biggest client for this coal is China (Mongolia's trade with China is about 85%), Russia is also likely to be bidder for this coal once the 1,000-kilometre (621-mile) rail link to the country is ...
Tavan Tolgoi (Mongolian: Таван толгой, also Tavantolgoi, Tavantolgoy, "Five Hill") is one of the world's largest untapped coking and thermal coal deposits, located in the Ömnögovi Province in southern Mongolia. [1] It has a total estimated resource of 6.4 billion tonnes, one quarter of which is high quality coking coal.
The United States and Mongolia will announce plans to sign an "Open Skies" civil aviation agreement, a U.S. official said, as Vice President Kamala Harris and Mongolian Prime Minister L. Oyun ...
In Kosovo, a state-owned energy company plans to destroy a village to make way for expanded coal mining as the government and the World Bank plan for a proposed coal-burning power plant. The government has already forced roughly 1,000 residents from their homes. Many former residents claim officials violated World Bank policy requiring borrowers to restore their living conditions at equal or ...