Mining Minister becomes acquainted with operations of Yancoal mining companyEconomy
Ulaanbaatar /MONTSAME/. The representatives led by Minister of Mining and Heavy Industry J. Ganbaatar visited Mount Thorley Warkworth coal mine of Yancoal mining company, which operates in the Hunter Valley of New South Wales, Australia, on November 2022.
This is the largest open-cut mine in the state that has been operating since 1982 and will continue to be used for another 16 years.
After becoming acquainted with the mine, the representatives met with management to exchange views and discuss the coal royalties in New South Wales, government policies aimed at supporting the operations of the companies in the mining industry, mine closure plans, related regulations, and enforcement, and ecological restoration practices.
The working visit of the Minister of Mining and Heavy Industry, J. Ganbaatar, to Australia has been organized successfully within the framework of the International Mining and Resources Conference (IMARC). During the visit, meetings were held with leaders in the mining industry, investors, and leaders of the best techniques, technologies, and innovations. He also studied experience, gave information to investors about the policy followed in the mineral resources field of Mongolia, had an open discussion, and sought investment opportunities for development.