Owner of "Basic Element" Oleg Deripaska, as well as controlling Severstal head Alexey Mordashov and "Renova" Viktor Vekselberg have decided to resume the fight for one of the world's largest coal deposits - Tawana - Tolga in Mongolia. This Kommersant. "
According to the publication, February 17, managing energy assets Deripaska company En + Group (in consortium with Renova and Severstal-resource ") sent the Mongolian government to develop investment proposals Tawana-Tolgoya. In addition, the application of Mongolia submitted a further nine companies, including Japanese Sumitomo and Itochu, the American Peabody, China Shenhua, as well as Brazilian Vale, Swiss Xstrata and Anglo-Australian Rio Tinto and BHP Billiton.
You may take part in the project and monopoly Russian Railways, which conducted the negotiations with the Russian participants in the consortium, says the newspaper "Vedomosti". However, according to the representative of Russian Railways, the company has not yet received a formal proposal on this matter. At the same time, "Kommersant" noted that the CFR has previously negotiated with the Mongolian side of the joint venture, which should be transferred to Tawana-Tolga, copper-gold deposit Oyuu-Tolga and some other assets.
The reserves of the deposit Tawana-Tolga estimated at 6.5 billion tons of coal. The Government of Mongolia plans to sell 49 per cent share in the foreign investor for two billion dollars. In 2006, Renova, Severstal "and" Bazel "has already expressed interest in participating in the development field, but with mognolskoy side were unable to agree. At that time, the authorities of Mongolia estimated cost of the project to eight billion dollars.
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