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coal investing

SouthGobi Resources Commences Construction of Coal-Handling Facility at Its Ovoot Tolgoi Mine in Southern Mongolia

Investing News Network
Jun. 29, 2010 12:07PM PST
Industrial Metals Investing

SouthGobi Resources Ltd. (TSX:SGQ)(SEHK:1878), announced today that the company has commenced construction of a coal-handling facility at its producing Ovoot Tolgoi coal mine in southern Mongolia.

SouthGobi Resources Ltd. (TSX:SGQ)(SEHK:1878), announced today that the company has commenced construction of a coal-handling facility at its producing Ovoot Tolgoi coal mine in southern Mongolia.

The press release is quoted as saying:

SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.

Click here to access the entire press release

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