The Mongolia Mining Vice Minister of the amount of erdenibule dry, 25, said the amount of Mongolia Alden Nice - Tavan Tolgoi mining company has been fully restored to China's coal exports.

Amount erdenibule dry, said the company in January this year due to financial difficulties and low coal prices reason to stop coal exports to aluminum. Since then, the two sides negotiated raise the price of coal and reduce shipping, Mongolia to take measures to reduce mining and transportation costs and achieved initial results. At the same time, coal prices rebounded slightly, from $ 53 per tonne in the first quarter of this year rose to the second quarter of $ 56.

Mongolia, the restoration of China's coal exports not only the implementation of the agreement signed with the Chinese side, while the more than 2,000 workers in Mongolia employment problem can be solved, is conducive to boosting the country's economic growth and increase revenue.

It is reported that as a result of the cessation of exports, Mongolia has been producing areas backlog of more than 100 million tons of coal, the port backlog of more than 30 million tons of coal.

Mongolia coal geological reserves of about 173.3 billion tons, which has been detailed exploration of the coal reserves of 215 million tons. Mongolia has been found in 15 regions more than 300 coal mines, the highest in the list of the world's top ten coal resources in the country and among the highest in the world per capita coal reserves.

2012, Mongolia coal mining 31.1 million tons, 20.5 million tons of exports, turned over to the state revenue MNT 828.5 billion (about $ 600 000 000). In recent years, Sino-Mongolian joint efforts, Sino-Mongolian coal cooperation have made positive progress. Mongolian exports to China in 2011 of 20.7 million tons of coal.