Itochu is interested in major mining projects of Mongolia.

Feb 10 • Companies, Mining, Politics, State Affairs • 755 Views • No Comments on Itochu is interested in major mining projects of Mongolia.

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Mr. G.Zandashatar, Minister for Foreign Affairs and Trade received Mr. Kobayashi, Board Director of Itochu Corporation. Mr. Kobayashi has vast experience in the relationship between Mongolia and Japan, leading Economy Committee of Mongolia – Japan, and Itochu has been active in Mongolia over 20 years.

Mr. Kobayashi expressed his interest in partnering in the development of major strategic deposits such as Tavan Tolgoi cocking coal deposit. Minister G.Zandanshatar expressed that Mongolia is willing to cooperate with Japan on developing infrastructure of the major mining project in Mongolia, especially power and electricity plants and establishing transmission lines through introducing environmentally friendly facilities and technology from Japan.

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