China – Mongolia coal link agreed

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Chinese state-owned mining group Shenhua, which operates 1 765 km of heavy haul coal railway in northern and central China, has signed a joint venture agreement to develop a cross-border rail link to serve the Tavan Tolgoi coalfield in the South Gobi region.

DETAILS

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That's not very good news for World Coal Prices and even worse for the 1.5 million coolies with hand barrows that were likely employed bridging the change in gauge between Mongolia and China's rail networks.