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11:24, 25-Aug-2017
Mongolia sells record amount of coal to China in H1
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In the first six months of this year, Mongolia exported 10.09 million tons of coal to China through the Gashuunsukhait-Gants mod border checkpoints, up 14 percent year-on-year, according to the authorities of Gants mod border checkpoint.
The transportation of coal through the Gants mod border checkpoint for the first six months of last year was more than 10 million tons, while this level was reached in the first 4 months of this year.
"This was facilitated by the increase in supply, related to the increase in demand for coal in China. On the other hand, the technical modernization of the border checkpoint played a role in reducing delays for a technical reason," said the representatives of the Gants mod border checkpoint.
Mongolia exported approximately 25 million tons of "black gold" to China each month.
Since 2017, the demand for Mongolian coal has increased dramatically. China is the largest consumer of coal in the world and Mongolia's close neighbor.
In the future, coal exporters expect that the supply of coal will be stable. As for the main exporter of Mongolia, Tavan Tolgoi plans to increase the volume of its transportation to 11.5 million tons of coal this year.
Source(s): Xinhua News Agency