Construction of the Tavan Tolgoi coal concentrator will begin in the third quarter of this year
The Government Resolution on “Measures to be taken to intensify Tavan Tolgoi mining operations” was approved.
The resolution instructed the relevant ministers to start the construction of the Tavan Tolgoi industrial and technology park and the coal concentrator within the third quarter of this year in accordance with the feasibility study.
It is important to put this plant into operation in order to increase the value of the Tavan Tolgoi coal by adding value and enriching it, increasing the level of mineral processing, increasing employment, increasing taxes and fees to the state and local budgets.
The feasibility study for the Tavan Tolgoi coal concentrator was discussed and approved by the Minerals Council this month, and a preliminary design for the project is expected to be completed by July this year.
The concentrator will consist of three blocks, each with a capacity of 10 million tons / year, with a total capacity of 30 million tons / year. The total cost of the project is $ 911.53 million and the return on investment is expected to be high within 7 years. The plant will process coking and weak coking coal from the Tavan Tolgoi deposit, produce hard coking coal concentrate, semi-soft coking coal concentrate and midling and supply it to the world market.
The commissioning of the coal concentrator will create about a thousand new jobs and generate $ 208.45 million for the state and local budgets.