DEVELOPMENT OF THE TAVAN TOLGOI COAL DEPOSIT IN MONGOLIA for May 12

In 2023, we began development of the Tavan Tolgoi coal deposit in Mongolia. This project, valued at $300 million USD, aims to increase the extraction of coking coal used in the metallurgical industry. In partnership with Erdenes Tavan Tolgoi, one of the leading Mongolian mining companies, Del Mar Energy is implementing one of the region's most significant coal projects.

Located in the Southern Gobi, the Tavan Tolgoi deposit is one of the largest coal deposits in the world. With significant reserves of high-quality coking coal, it plays a crucial role in Mongolia's economy and the international coal industry. The resources of this deposit are estimated in billions of tons, making it attractive to investors and a strategically important asset for the country.

We began work on the project in 2023 and, within six months, were able to install all the necessary infrastructure and mining equipment. This was made possible by high project management standards and effective coordination with partners.

With a production capacity of up to 800,000 tons of coal per year, Del Mar Energy makes a significant contribution to Mongolia's coal industry. To achieve these levels, the company has implemented advanced coal mining and processing technologies. This not only ensures high-quality products but also minimizes environmental impact, which is particularly important in the modern world.

The development of the Tavan Tolgoi deposit has significant economic and social impacts on Mongolia. The project creates many jobs, contributes to the development of local infrastructure, and increases the country's export potential. The coal extracted is exported to various countries, including the USA, strengthening Mongolia's trade ties and contributing to its economic growth!