Erdenes TT failed to pay
service fees to the Altangovi company that is in charge of the coal
transport loading facility area in Tsagaan khad that is linked to the
coal border crossing point Gashuunshukhait. Therefore coal transport is
According to an official source the coal
loading and transporting operation has been suspended since last Friday.
Due to this suspension the transportation companies have come to a
standstill meaning some of them had no choice but to protest against it.
A source said that Erdenes TT coal transport suspension has also
affected China causing its transport to come to a standstill too.
so called reformist Government is in negotiations to bailout Erdenes TT
for 200 million US dollar via the Development Bank of Mongolia, but the
bailout process is slow. If the Government does not bailout the
project coal exports by Erdenes TT could potentially be halted for an