The Feasibility Study of East Tsankhi, Tavan Tolgoi coking coal mine has been approved by the Minerals Council yesterday. Feasibility study estimated that 459 million tones of coking coal and 29.4 million tones of thermal coal will be processed in 15 years.
Also, the study indicated that the overall cost will be MNT 17.5 trillion and overall profit will be approximately MNT 24.6 trillion. The payback period of the plant is 4.2 years according to the team that conducted the study.
The team included IMK LLC, Grand Power LLC and professors of Science and Technology University of Mongolia.