Tag: Mongolia
Oil Refinery in Mongolia
Mongolia will begin building an oil refinery early next year in an effort to meet domestic demand and reduce dependence on neighboring Russia for energy supplies. Construction on the refinery began on August 11 in the southeastern city of Saishand in Dornogobi province in cooperation with Mon L Gas LLC.
NAR inks long term pact
On 18 August, North Asia Resources Holdings Ltd (NAR) signed a memorandum of understanding (MoU) with Sinosteel Trading Co Ltd for long term cooperation with respect of the Company iron ore mining operation in Mongolia.
Clough wins gold project in Mongolia
The Clough group has been awarded a A$46 million (US$25 million) contract
Power plant in North China
Beijing and Inner Mongolia will make a joint investment of about 3.87 billion yuan in the third phase project of the Haibowan Power Plant in North China's Inner Mongolia Autonomous Region.