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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 ...
Tavan Tolgoi coal mine in Ömnögovi Province. Mongolia hosts 0.2% of the world's known coal reserves at an estimated 162 billion tonnes in 2011 with 17 operating coal mines. Mongolia exported 73% of the 25 million tons of coal produced in 2010, making it the country's largest export (which had previously been copper).
The Biden administration on Thursday proposed an end to new coal leasing from federal reserves in the most productive coal mining region in the U.S. as officials seek to limit climate-changing ...
The West Tsankhi section of the Tavan Tolgoi coal deposit has been in operation since 1967, as a small coal mine. It supplied coal to the Mongolian domestic market, but in August 2011, started exporting coal to China [ 15 ] In 2009 in order to maximize the mine's production, the Mongolian government put the mine up for international companies ...
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Chinese Premier Li Qiang said China will boost its cooperation with Mongolia under a Eurasian security bloc, which this year admitted its ninth member Iran, gently nudging its smaller neighbour to ...