Erdenes-Tavantolgoi JSC (ETT) is the largest state-owned coal mining company in Mongolia, committed to becoming a pioneering national company with substantial contribution to social and economic development of the country and to build “Tavantolgoi” brand representing high quality coal products through sustainable and responsible coal mining, world standard infrastructure and industrial complex.
Erdenes-Tavantolgoi, a license holder of Tavantolgoi coal deposit, is one of the largest high-quality coking and thermal coal deposits in the world with JORC-compliant ROM resources of 7.4Bt and ROM reserves of 1.8Bt. Coking coal accounts for 73% of total resources. Furthermore, there is a significant potential exploration and expansion from 6 sub coalfields.

The Tavantolgoi deposit is located in the southern Gobi region of Mongolia, approximately 540 km from Ulaanbaatar, the capital city of Mongolia, and 250 km from the Mongolia-China border crossing. The deposit’s close proximity to primary target market in China and favorable geological characteristics of deposits have enabled long-term coal supply agreement with major international companies.

The company currently operates large scale open cut mine in the Tsankhi area of the deposit, with production of 10Mtpa. In the past 3 years, the coal production volume has grown by 40% and coal export by 45%. The company has strong growth potentiality with production rate of 20Mtpa by 2020 in Tsankhi mine.

Erdenes-Tavantolgoi is engaged in other activities such as coal exploration, infrastructure development and coal export. Development of projects including the first module of coal handling and preparation plant and railway connecting the mining site and the border point are to be commenced in 2019.

The development of Tavantolgoi is a strategic national priority for Mongolian Government. In June 2018, the Parliament of Mongolia approved the plan to offer up to 30% of Erdenes-Tavantolgoi” JSC’s shares on the international stock markets.

In accordance with its policy to implement social responsibility and develop transparent and responsible mining, Erdenes-Tavantolgoi is putting its best efforts and attention to promote livelihood, health, educational level of the residents.

Ticker Symbol:

ETT

Countries of Operation:

Mongolia

Commodity:

Coking Coal | Thermal Coal

Project Status:

Exploration | Development | Production

Erdenes-Tavantolgoi JSC (ETT) will be showcasing their mining projects to prospective investors at the International Mining and Resources Conference. Claim your complimentary investor pass