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00975 MONGOL MINING
RTNominal down10.040 -0.320 (-3.089%)
Others

28/03/2011 08:40

MMC plans acquisitions to hedge coking coal glut - press

Mongolian Mining Corp (MMC, 00975), the largest privately owned coking coal producer in
Mongolia, is eyeing opportunities to acquire more coal resources and may branch out into
iron ore mining.
MMC is also seeking to diversify its markets to better hedge the risk that coking coal
exports to the mainland may one day become over-supplied, despite current high prices and
tight supply. (South China Morning Post)

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