Partner Links

Sports Media Society Just Education Payday Loans Essay Writing Business Technology cronthemarket thecoloradocompoundpersonal Free Legal Advice to Law Questions Crap, I'm A Lesbian Creepy Pics Tattoo Desings wallpaper hollywood banking credit cards Shooting Simulator Child Health Tips Wedding Dresses Top 1 Top Models Lingerie Kim Kardashian Reference and Education tips online marketing real estate Technical Glass Products online social networking service Home Security Micro Technology online business affiliate marketing Free online games Travel Insurance Solution Psycho girl Lawyer Loans Financial Solutions Credit Loans Green Business Women Luxury Residential Real Estate Music Dangdut Koplo Hot Business Ideas Plan Financial Payday Loans Quotes in Love prevent premature ejaculation Auto Repair Advice Guide Technology Supports Auto Car Traveller and Hotel Substance Abuse Home The Doll Fashion Style Shirt ALL WALLPAPER RECIPES Home Improvement Marketing Company Web Design and Development Business Shopping Online Prostyle Music Individuals With Bad Credit Stop Thinning Hair With Provillus Cheap Wedding Dresses dowload game online Fashion Site Women Management Arts and Entertainment red carpet studios wallpaper sports images love and i miss you Hollywood All Actress Download Free Games Girls and Car Fashion love quotes hollywood bollywood actress articles about health herbal picture cards and dolls doll Barby Wallpaper design artists All artists of the world Sosial Media Network Travel Packages Hollywood sexy and Wallpaper All artist through life entanglements Quarter life connection Site Blogger Birthday cards Children's Education About Beauty Commercial Loans Womens Interests Quotes Love Fashion Trendy Style New Hair Style Finance Health and Fitness Real Estate Cars and Sexy girls ALL SPORTS Trendy_Fashion_Style Fashion Style Law Legal Business Real Estate Marketing Kode Transfer Bank Digital Money Daftar Kode Bank Untuk Transfer ATM Bersama Digital Money naura lagi mandi Nauraa Naura naura berhijab 1 naura berhijab Naura Mandi Bola Naura Single Photo

Mongolia AND China,rich with coal,seeks more next door in Mongolia to meet its energy needs

Mongolia AND China,rich with coal,seeks more next door in Mongolia to meet its energy needs-Overlooking a deep black gash in the Gobi Desert,Od Jambaljamts watched Caterpillar trucks rumble across the rim of the world’s biggest undeveloped coal deposit— and mused on Mongolia’s good fortune to have the world’s most voracious consumer of coal just a few scores of miles away.“China is so big that even if they cut their economy in half they will still need what we have here,”said Od,a former Mongolian diplomat in Washington who, along with his younger brother,now controls the Mongolian Mining Corp.

With China so close and so hungry for energy —and Mongolia so rich in what China needs — locals with mining licenses and a swelling swarm of foreign investors believe that only the absence of modern transport links to China clouds Mongolia’s future as a would-be Saudi Arabia of coal.
It should therefore have come as good news when Mongolia recently started preparations for a new railway line from Tavan Tolgoi, the first such link with the epicenter of this landlocked nation’s nascent,China-driven mining boom.
But there is a problem: The new track will not go to China. Instead, it will head hundreds of miles in the opposite direction toward Russia — and carry a heavy freight of suspicion and wariness that impedes China’s global quest for energy.

China’s demand for the coal,uranium and other minerals that Mongolia has in abundance — but has so far barely touched — is gargantuan and growing. China, which surpassed the United States as the world’s biggest energy user in 2009, needs to find enormous quantities of new fuel to meet what, according to the International Energy Agency, will be a 75 percent increase in its energy needs by 2035.

But as China scours the globe for coal, oil, uranium and natural gas — and hunts for rivers just beyond its borders on which to build electricity-generating dams — it increasingly confronts a stubborn reality: What Beijing and foreign businessmen embrace as a simple law of supply and demand stirs complex, and sometimes dangerous, political passions, security fears and big power rivalries.

“In the 21st century, whoever controls energy controls everything,” said Sanjaasuren Oyun, a member of the Mongolian parliament,Cambridge University-educated geologist and former foreign minister. She says that Mongolia needs a railway to the Chinese border but that it has to make sure the country doesn’t just become a grab bag for China-bound minerals.

Mongolia last year nearly doubled its sales to China, which absorbed 84 percent of all its exports —three-quarters of which were coal and other minerals.But this is just the start. The vast bulk of Tavan Tolgoi is still untouched and eagerly eyed by Chinese, Russian and American companies that want to profit from China’s insatiable demand. Mongolia could multiply its coal exports across its southern border many times over — if only it could get the stuff there swiftly and cheaply.
Coal is transported in convoys of trucks across unpaved desert tracks,a method that is expensive,slow and hazardous.

Blog Archive