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Website. mongolia-energy.com. Mongolia Energy Corporation Limited (MEC) is a mining and energy development holding company operating in Mongolia and Xinjiang in northwestern China. It was incorporated in Bermuda and listed on the Hong Kong Stock Exchange. MEC became a constituent to the MSCI Hong Kong Index from June 2008.
Energy in Mongolia. Mongolia had a total primary energy supply (TPES) of 6.66 Mtoe in 2019. Electricity consumption was 7.71 TWh. [1] Mongolia is a big producer of coal, which is mostly exported. [2] Domestic consumption of coal accounts for about 70% of Mongolia's primary energy and makes up most of the electricity generation, accounting for ...
MMC was incorporated in the Cayman Islands as an exempted company with limited liability on May 18, 2010 in anticipation of the Global Offering in Hong Kong.Prior to the incorporation, the business was operated by Energy Resources LLC, a limited liability corporation organized under Mongolian law on April 22, 2005, [3] currently an indirect wholly owned subsidiary of MMC.
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.
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Coal, copper, and gold are the principal reserves mined in Mongolia. Several gold mines are located about 110 kilometres (68 mi) north of Ulaanbaatar, such as Boroo Gold Mine and Gatsuurt Gold Mine. Khotgor Coal Mine is an open-pit coal mining site about 120 kilometres (75 mi) west of Ulaangom. Ömnögovi Province in the south of Mongolia is ...
The Thermal Power Plant No. 4 (Mongolian: Улаанбаатарын ДЦС-4) is a coal-fired power station in Bayangol, Ulaanbaatar, Mongolia. With a total installed generation capacity of 663 MW, it is currently Mongolia's largest power station.
The mine is said to account for more than 30% of Mongolia's GDP upon completion. [11] In early 2010 global mining company Rio Tinto owned 22.4% of Oyu Tolgoi owner Ivanhoe Mines (now Turquoise Hill Resources), and gave both technical assistance and financial support to the project. At the time Rio Tinto had the option of increasing their stake ...