Final preparations are under way for the 3rd annual international coal investors’ conference ‘Coal Mongolia 2013’ in Ulaanbaatar on February 21-22. Organizers say it is the first time Mongolia’s new government will present its policy and direction for the coal mining sector.
Hosted at the SS Convention Centre, the conference has become the nation’s biggest coal forum, providing companies within the sector opportunities to explore the 162 billion tonne Mongolian coal industry.
The 2012 event saw more than 1000 delegates from across 28 countries attend, representing government agencies, non-government organizations and international mining companies.
“This third conference is being held after the Mongolian parliamentary election which is held once every four years, and main presentations will be made on the government’s policy for coal industry and foreign investment for the next four years,” says organizer B Altanshagai.
“The conference aims to attract investment in coal exploration, production and processing projects in Mongolia, to introduce government policy on coal industry, to introduce environmental-friendly, advanced technique and technology, to develop international cooperation, and the main objective and most important thing is to increase the competitiveness of the Mongolian coal industry,” he says.
“We will also discuss how the world economic crisis and Chinese economic crisis will affect the Mongolian coal industry and how we could overcome this at minimum risk.”
The forum is renowned as a platform for internationally recognized companies and domestic companies, economists, researchers and analysts to share their expertise, presenting topics facing the emerging coal industry including legal environment, infrastructure, railroad, export possibilities, processing plant and water management.
A mobile phone application to allow delegates to receive the conference itinerary, information on speakers and details of the companies participating has been introduced this year.
The conference is a joint venture between the Ministry of Mining and mining website www.mining.mn. Major sponsors of the event include Gemcom, Erdenes Tavan Tolgoi, Aspire Mining and Mongolian Mining Corporation.