Bayan-Shand Coal deposit project

Dornogobi province, 30 km from Mandakh soum, 475 km from Ulaanbaatar. Khangi & Mandal Border

Bayan-Shand Coal deposit project

Dornogobi province, 30 km from Mandakh soum, 475 km from Ulaanbaatar. Khangi & Mandal Border

Үнийн санал авах

General information

Location

Dornogobi province, 30 km from Mandakh soum, 475 km from Ulaanbaatar. Khangi & Mandal Border

Project

Tumen Ail (Bayan-Shand Coal) mine project

License

Mining (MV-022979)

License validity

Until 2050

License area

14,000 hectares

License holder

Tumen Ail Coal LLC

Shareholding:

100%

Resources & Reserves

Mineral Resources & Petroleum Authority of Mongolia (MRPAM) approved the results of exploration works, registered gold resources and issued a mining license:

Coal resource category	Thermal Coal (mt)
A	34.82
B	49.65
A	11.09
Approved resource	95.66

Technical Specs

	Ash A^ad %	Volatile matter V^daf %	Fixed carbon Q_s^daf kcal/kg	Fixed carbon Q_s^r kcal/kg	Moisture W^r %	Sulfur S^r_tot %
Deposit average	15.76	45.69	6818.89	4825.08	13.43	2.16

Financials

	2023A	2024A	2025E	2026F	2027F	2028F
Revenue	$ 5,472,655	$ 82,333,357	$ 73,846,828	$ 101,094,615	$ 102,315,462	$ 103,547,270
EBITDA	$ 9,436	$ 14,950,879	$ 7,515,498	$ 12,963,896	$ 14,633,877	$ 18,612,434
Net income	$ (12,090)	$ 11,272,458	$ 6,156,672	$ 10,485,303	$ 11,710,298	$ 14,678,179