What does Mongolia Energy Corporation do?

MONGOLIA ENERGY CORPORATION LIMITED is a Hong Kong-based investment holding company principally engaged in resources businesses. The Company’s main businesses include the mining of coal, the production and sales of coal products, such as cleaned coking coal and steam coal, the provision of coal transportation services, as well as coal processing.

Does Mongolia Energy Corporation invest in China?

Mongolia Energy Corporation states on its webspage that it has projects and investments in Mongolia and Xinjiang province in China "for oil and gas, coal, ferrous and non-ferrous metal resources."

Who is Mongolia Energy Corporation Limited (MEC)?

On its website the company states that it was "formerly known as New World CyberBase, the company moved into the energy and resources industry upon its first acquisition of 34,000 hectares of concession areas at Khushuut and Darvi, Western Mongolia. The company was renamed to Mongolia Energy Corporation Limited (MEC) in 2007.

Which company imports coking coal from Mongolia?

This subsidiary is the largest enterprise in western Mongolia. Additionally, MEC has a wholly-owned subsidiary in China called Xinjiang Menco Energy Technology Co., Ltd., which imports coking coal from Mongolia, processes it, and sells it to Chinese customers.

Does MEC have a subsidiary in Mongolia?

MEC also operates a wholly-owned subsidiary in Mongolia called MoEnCo LLC, which focuses on the mining, beneficiation, transportation, and export of coking coal from the Tavan Tolgoi mine. This subsidiary is the largest enterprise in western Mongolia.