Daily Business News Mongolia

Reuters reports that,

MELBOURNE, Aug 14 (Reuters) - Leighton Holdings Ltd (LEI.AX: Quote, Profile, Research, Stock Buzz), Australia’s largest engineering contractor, said it is looking to expand into mining contract work in Mongolia and Siberia.

“We’re seriously looking at Mongolia as an area of opportunity,” Leighton Chief Executive Wal King told reporters.

“We’ve also been in engaged in discussions with the Basic Elements group in Russia, Oleg Deripaska, to look at mining opportunities in Siberia.” (Reporting by Sonali Paul)

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