Mongolia has launched a rail line that could help boost coal exports to China to 50 million tonnes a year, the country's president said, ending a d...
For years coal has been transported in trucks to China, a process that has led to long queues at the border and frequent accidentsMONGOLIA - Mongolia has launched a rail line that could help boost coal exports to China to 50 million tonnes a year, the country's president said, ending a decade-long wait for the crossing.
Heavily dependent on mining, Mongolia has long sought cheaper and more efficient ways to export its minerals abroad and has a national strategy to expand its rail network connections with Russia and China.China has stepped up its investment in coal in the face of extreme weather, an economic slowdown and a global fuel crisis.
The railway is also expected to lower the cost to transport coal to $8 per tonne, compared to $32 per tonne when coal is delivered by truck, according to the railway authority.For years coal has been transported in trucks to China, a process that has led to long queues at the border and frequent accidents.
The Gashuun Sukhait-Gantsmod border crossing is now the second Mongolia-China border point with a rail crossing, with the other at Zamyn-Uud-Erlian.
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