TERRACOM has restarted mining operations at its BNU coal mine in the South Gobi region of Mongolia after receiving a binding offtake agreement with a subsidiary of the Chinese Kingho group.
TerraCom's BNU mine in Mongolia.i
The agreement is for a 5.5 year offtake of hard coking coal produced from BNU, which provides for an estimated 7.5 million tonnes of coal sales. “TerraCom has been implementing an alternative supply...
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