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2 of the outstanding contractor s fees together with a notice of suspension of the works at the Khushuut Coal Mine by Leighton Leighton also stipulated in the said first

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BRIEF Mongolia Energy says it has suspended mining

May 11 Reuters Energy Corp Ltd Have suspended our mining works relating to overburden removal and coal excavation in khushuut coal mine for saving operation costs Suspended mining works in Khushuut Mine pending lifting of restriction on our raw coal import imposed by Xinjiang

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TRAFFIC FORECASTS A Project Economic Context

The ongoing development of the large Khushuut coal mine 80 km South East of Khovd will also induce some economic activity mining traffic itself will use a dedicated road 50 km east of the Project Assumptions used in building the counterfactual without Project

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· Mongolia Energy Corp has awarded Australian construction company Leighton Holdings a A$273 million $232 million contract to develop andoperate its Khushuut coal mine project in western Mongolia

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Khushuut Coal Mine Mining Technology The Khushuut coal mine is situated in the Khovd Province of western Mongolia In June Owned by Mongolia Energy Corporation MEC the mine is spread over 600ha The total Exploration work was carried out by the China National Administration of Coal Geology The company is investing $196m in

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TRAFFIC FORECASTS A Project Economic Context

TRAFFIC FORECASTS A Project Economic Context The rapid mining led development of Mongolia s The ongoing development of the large Khushuut coal mine

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BRIEF Mongolia Energy says it has suspended mining

May 11 Reuters Energy Corp Ltd Have suspended our mining works relating to overburdenremoval and coal excavation in khushuut coal mine for savingoperation costs Suspended mining works in Khushuut Mine pending lifting ofrestriction on our raw coal import imposed by XinjiangTakeshiken

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