One of the top priorities in Mongolia in 2012 will be resolving the issue of development and production at Tavan Tolgoi (TT), the world’s largest undeveloped coal deposit, which holds an estimated 6.4bn tonnes of coking and thermal coal. It appeared that an agreement to develop the site was reached in July 2011 by a consortium of Mongolian, Chinese, Russian and US interests. However, since ...

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