Coal Leaders Convene in Ulaanbaatar for Coaltrans Mongolia's Second Edition

LONDON, April 17, 2012 /PRNewswire/ --On May 23 & 24, Coaltrans Conferences returns to Ulaanbaatar for the 2nd Coaltrans Mongolia conference, having welcomed over 300 leading coal industry specialists to the inaugural event in June 2011.

"With Mongolia having overtaken Australia to become the largest exporter of metallurgical coal to China at the end of 2011 and companies from Australia, Canada, China, Japan, Thailand and Russia, to name but a few, developing coal mining projects in the country, Mongolia is arguably the most exciting country in the world from a growth and resources perspective. Mongolia is making every effort to add value to its natural resources to ensure that it can guarantee competitive prices for its coal in the international markets. What better time then, to convene its key players to make sure this is achievable?" said Henry Hely Hutchinson, Managing Director of Coaltrans Conferences.

Graeme Hancock, COO, Erdenes Tavan Tolgoi JSC and Dr. G. Battsengel, CEO, Mongolian Mining Corporation, will deliver industry keynote presentations updating the delegation on Mongolia's most talked about coal projects.

The forthcoming Government election is expected to confirm Mongolia's commitment to welcoming foreign investment. In the meantime, exploration and drilling programmes continue as well as companies' efforts to access financing from both the domestic banks and public markets to further develop existing projects. Combined with the need for financial support for the development of the national infrastructure projects, accessing capital will be one of the leading topics discussed by coal producers and investors attending the conference.

With the exhibition close to sold out and extensive networking opportunities available at the conference, it will be a full packed two days with many Government officials, coal producers, service providers and investors debating and discussing the existing challenges while creating new business partnerships to the advantage of Mongolia's future. For more information please visit http://www.coaltrans.com/mongolia.

About Coaltrans Conferences:

Coaltrans Conferences organises large-scale international coal conferences, which attract delegates from all over the world. It also runs focused regional events, exhibitions, field trips and training courses. It has a reputation for employing the highest organisational standards. In 2012, Coaltrans is running events in Australia, Brazil, China, Colombia, India, Indonesia, Mongolia, Mozambique, Russia, Singapore, South Africa, Turkey, UK and USA. For more information please visit http://www.coaltrans.com.

Media Contact:

Matt Ackroyd
+44-20-7779-8084
mackroyd@euromoneyplc.com

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