Mongolia Energy Corp Ltd
Company Profile
Business description
Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.
Contact
118 Connaught Road West
17th Floor
Hong Kong
HKGT: +852 21388000
Sector
Basic Materials
Stock type
Cyclical
Industry
Coking Coal
Fiscal Year End
31 March 2025
Employees
875
Morningstar Investment Ideas
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