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coal-investing

Expanded Border Crossing Infrastructure at Mongolia Advantageous for SouthGobi

Investing News Network
May. 29, 2012 10:23AM PST
Industrial Metals Investing

SouthGobi Resources Ltd. (TSX:SGQ) welcomes the opening of eight new border gates that are exclusive for coal transportation at the Shivee Khuren-Ceke border crossing on May 28, 2012, significantly increasing the capacity for exportation of coal from Mongolia to China.

SouthGobi Resources Ltd. (TSX:SGQ) welcomes the opening of eight new border gates that are exclusive for coal transportation at the Shivee Khuren-Ceke border crossing on May 28, 2012, significantly increasing the capacity for exportation of coal from Mongolia to China.

As quoted in the press release:

Prior to the commencement of the new border crossing infrastructure, all coal transported out of Mongolia at Shivee Khuren-Ceke went through a single crossing gate approximately eight meters wide. Generally, empty trucks would be admitted into Mongolia in the mornings and then loaded trucks could export to China in the afternoons. The new gates create a significant increase in capacity as a number of gates will be available for simultaneous export traffic and two gates will be reserved for inbound arrival of empty trucks such that a constant two-way flow of traffic can be facilitated. At this time, the eight gates will be operated from 8am to 8pm six days per week.

Click here to read the SouthGobi Resources Ltd. (TSX:SGQ) press release

See this press release on Marketwire
Click here to see the SouthGobi Resources Ltd. (TSX:SGQ) profile.

coal-investing tsx-sgq china southgobi-resources-ltd
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