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Events
Public Hearing on Coal Theft Allegations to be Organized www.montsame.mn
The Standing Committee on Economy of the State Great Khural will organize a public hearing on the issues of coal shipment and export on December 21.
The public hearing will be held on the following topics:
Offtake agreements established by “Erdenes Tavantolgoi” JSC that included payment terms of making payments by mineral resources and raw materials and were made in advance and already used;
The enterprises that mined coking coal in the country and the amount of the output;
The enterprises that transported coking coal and their revenue;
Detailed information on the coking coal exported through all border checkpoints of Mongolia.
The hearing will also include the following:
The issues of the excessive difference between the cost of coking coal on the international market, Mongolia’s export price, and China’s price;
Whether the difference creates the conditions for corruption and tax evasion by certain persons in both countries;
How and how much funding was mobilized for the Tavantolgoi-Zunbayan and Tavantolgoi-Gashuunsuhait railway construction projects by the “Erdenes Tavantolgoi” JSC;
The cost of building each 1 km of these railways.
The public hearing will be chaired by Member of the State Great Khural S. Chinzorig.
Published Date:2022-12-08
