“The world’s largest coking coal and reserve and it’s market” conference was held seventh in Beijing. The conference was attended by representatives of major Mongolian coal exporters such as Erdenes Tavan Tolgoi JSC, MAK and MonEnko.
The conference is hosted by Fenwei Energy Information Technology, which runs www.sxcoal.com, the world’s largest trading and information portal site. The company has signed a three-party agreement with Mongolia Coal Association and Coal Mongolia-2017.
In this way, Coal Mongolia-2017 will jointly organize international forums and exhibitions at a high level, and will cooperate in promoting coal export, trade and logistics.
The first day of the conference separate forum was organized by the “Mongolia-China Joint Coal Industry Forum”.
B.Altansaikai Executive Director of “Mongol coal” association:
– “Coal Mongolia” International Conference has focused on attracting Mongolian coal sector. This has been achieved quite well and many mines are in operation. Special attention will be given to furthering the targets at the next level, and increasing coal export, trade, logistics and customs clearance. Coal prices have risen, and there is a tendency to stabilize in 2017, and Mongolia is again in the interest of investors. At the same time, Coal Mongolia has partnered with many Chinese coal end users and trade associations with Fenwei Energy, a well-known company with www.sxcoal.com. The Mongolian Coal Association has consistently supported the Coal Mongolia forum.
Chang Yijun, Chairman of Fenwei Energy Information Technology (www.scoal.com):
Mongolia’s coking coal reserves are high and mining capacity is high. However, due to the lack of logistic and border management, there is a weakness in the capacity of half of its capacity. Fenwei works closely with China’s trade and transportation logistics companies.
We are delighted to partner with the Coal Mongolia-2017 forum to build real competition among buyers to bring Mongolian coal prices to market prices. As a result of the collaboration, Mongolia’s coal export revenue is expected to increase.
Coal Mongolia-2017 will be held in Ulaanbaatar on September 7-9.