Mongolia demands upfront payment for Tavan Tolgoi-paper

Mining Weekly.com reports that miners interested in  Mongolia’s Tavan Tolgoi mine will be required to submit a proposal with payment to secure the deal.

The editorial is quoted as saying:

Miners including China Shenhua Energy Co Ltd, Peabody Energy Corp, Japan’s Mitsui Anglo-America, Brazil’s Vale SA and Rio Tinto Plc have expressed interest in the project.

To access the full editorial, click here.