Mongolian mine sale

Mongolian Mining agrees to pay $464 million for QGX Coal

Hong Kong’s Kerry Group is to sell its Mongolian coking project for a tidy profit after three years.

<div style="text-align: left;"> Have you seen a coal mine around here? </div>

Nick Ferguson

June 01, 2011

Mongolian Mining Corp (MMC) has agreed to pay $464 million for a coking project owned by Hong Kong’s Kerry Group, according to a source.

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