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Mongolia and coal

15 bytes removed, 14:09, 28 May 2011
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The World Bank review also argued that the government owned coal mines should be either shifted into separate government owned businesses and operated independent of the direct involvement of government officials or privatised. The review anticipated that "coal demand will grow very modestly through the end of the decade." The bank's review team suggested that, with "some improvements in efficiency", coal demand for combined heat and power would grow only by "10-15% between 1993 and 2000." Total coal demand, is expected, would not exceed 7 million tons until after 2000.<ref name="WB"/>
==Coal potentialProposed coal mine and infrastructure projects==Mongolia has extensive coal deposits which have been only relatively recently begun to be explored and defined with modern exploration techniques. As a result of China's massive demand for coal and the high prices for quality coking coal, a coal rush is currently under way with numerous companies scrambling to get mineral exploration and mining titles in Mongolia. Many coal prospects may boost the share price of otherwise small companies but few deposits are likely to be developed in the short term. See '''[[Coal mine prospects in Mongolia]]''' for further details.
===Infrastructure constraints on for new coal exports===
In March 2010 the Australian commodities forecasting agency, ABARE, stated that "Mongolia is considered to have some world class metallurgical coal deposits, and would be a logical supplier to steel mills in China’s north and west. There is also the potential for Mongolia to export to other Asian markets such as Japan and the Republic of Korea, although this would require freighting through a port in China or the Russian Federation. However, there are a number of challenges to development: ownership rights to deposits, lack of fiscal and regulatory certainty and insufficient infrastructure. In addition, agreements between Mongolia and China would need to be completed prior to significant increases in coal being exported to or through China."<ref name="ABARE2010b">Robert New, [http://www.abare.gov.au/publications_html/ac/ac_10/ac10_Mar_a.pdf ''Steel and steel-making raw materials"], ''Australian commodities'', ABARE, Volume 17 number 1, March quarter 2010, page 174.</ref>
* [[Ulaanbaatar Thermal Power Plant No. 5]] is a 4-500 megawatt coal-fired combined heat and power station proposed to be built on the eastern side of the city. The projected cost is $US650 million. In a May 2008 briefing on energy developments in Mongolia, the State Secretary of the Ministry of Fuel and Energy stated that "the international bidding is planned to be announced in the near future."<ref name="WB2008"/>
 
==Potential coal mine prospects==
 
Mongolia has extensive coal deposits which have been only relatively recently begun to be explored and defined with modern exploration techniques. As a result of China's massive demand for coal and the high prices for quality coking coal, a coal rush is currently under way with numerous companies scrambling to get mineral exploration and mining titles in Mongolia. Many coal prospects may boost the share price of otherwise small companies but few deposits are likely to be developed in the short term. See '''[[Coal mine prospects in Mongolia]]''' for further details.
==Local Opposition==
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