#tavan_tolgoi

#Mongolie, l’attribution de 1072 actions de la mine de charbon de #Tavan_Tolgoï aux 2,5 millions de citoyens mongols (décidée il y a 6 ans…) passe en phase active.

What mobilizing Erdenes TT shares for 2.5 million citizens could mean for the stock market | The UB Post
▻http://theubpost.mn/2018/03/05/what-mobilizing-erdenes-tt-shares-for-2-5-million-citizens-could-mean-for-

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Nearly 2.5 million Mongolian citizens will finally be registered as shareholders in Erdenes Tavan_Tolgoi (Erdenes TT) nearly six years after a mass distribution of shares in 2012. More than two thirds of Mongolian citizens currently own 1,072 shares each in the majority state-owned coal mining company. But that ownership has been in name only, with many displeased with the government’s inaction in mobilizing citizen-held shares. But thanks to a recent vote by the board of Erdenes TT, the issue is likely to reach a resolution in the near future, and with that comes the potential for a monumental shift in the nation’s economy.
[…]
In 2017, Erdenes TT mined more than 10.1 million tons of coal and exported 8.4 million tons, amassing revenue of 1.1 trillion MNT. From this revenue, 243 billion MNT was contributed to the state budget. G.Khashchuluun believes that this revenue can be doubled or even tripled, helping to strengthen the value of the company.

“Right now, Erdenes Tavan Tolgoi mainly exports raw coal to China. If the company ceases export of raw coal and begins exporting processed coal, revenue could be increased twofold or even threefold. This can be accomplished by the government with an increased export tax on raw coal,” G.Khashchuluun said.

No matter how the situation plays out, the fate of Erdenes TT is on pace to have far-reaching effects on not only Mongolia’s financial and mining sector but also the economic and political landscape of the nation.

Que fait l’armée mongole ? Elle va construire une voie ferrée (à l’écartement standard et non à voie large (russe) comme dans le reste du pays) pour relier la mine de charbon de Tavan Tolgoi (propriété de la compagnie minière publique) à la frontière chinoise.

10,000 soldiers to be trained to build railroads | The UB Post
▻http://ubpost.mongolnews.mn/?p=17380

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The Speaker of Parliament, Z.Enkhbold, and Member of Parliament Kh.Battulga proposed training 10,000 soldiers for the construction of railroads for the Tavan Tolgoi-Gashuun Sukhait and Sainshand-Bichigt Khuut routes.
The state has allocated 24 billion MNT for the project in next year’s state budget. The project’s initiators are planning to enlist 10,000 soldiers for a special railway military unit, train them at a vocational training center, and hire them for railway construction.
Initially, the Mongolian Railway Company needs 3,300 workers for the projects, including 700 highly trained experts. The authorities are planning to train around 2,600 soldiers at vocational training centers in the first stage of the project. Minister of Labor G.Bayarsaikhan encouraged the public to look at this project as education for young people and the provision of jobs rather than exploitation of labor, as the soldiers will receive wages.
The soldiers will be prepared in five professions, including heavy machinery operator, concrete mixer, and excavator operator.
“If the Japanese government settles the investment agreement concerning the railroad construction for the Sainshand route, training for soldiers will start on January 1,” said Minister G.Bayarsaikhan.
He added that the soldiers will train for four months and start working in spring.
Experts say railroads must be built by professionals after meticulous calculations and studies by engineers, not by young soldiers. The project’s initiators believe that when the soldiers finish their services, they will have paid social insurance and accumulated a decent amount of savings from their salaries.