Moscow and Ulan bator co-ordinated creation of SP which will get licenses to the largest mongolian deposits — coal Tavan-tolgoy and medno-zolotoe Oyuu-tolgoy. Russia will be presented by OAO of RZHD, because legalistically the task of SP will be become by providing of investments in the railways of Mongolia, writes today "Kommersant’". In exchange Russia must find for them $250 million and to bring over the wide circle of investors to mastering of deposits, rather than just
Russian applicants — Oleg Deripasku and Victor Veksel’berga. during the visit of premier Vladimir Putin to Mongolia of OAO "Russian railways" (RZHD) signed the row of documents on establishment on the parity beginnings of SP with mongolian goskompaniyami
KOO "ERDENES-MGL" and "Mongolyn tomor deputy" (MTZ). The task of SP will be become by development and modernization of mongolian railways, including building of infrastructure to the largest deposits of country. The chartered capital of SP will make $1,8 million and will be prepaid by money.
The executive director of SP is appoint the adviser of president of OAO RZHD Vitaly Morozov. SP will get the row of licenses to the largest mongolian deposits — above all things the question is about Tavan-tolgoe and Oyuu-tolgoe, their mastering is estimated in $7 milliard "ERDENES-MGL"
it is the holder of licenses to 17 strategic deposits of Mongolia, including Tavan-tolgoy and Oyuu-tolgoy. "Mongolyn tomor deputy" owns the optovolokonnoy trackage of Mongolia and yet row of railway assets. Actually trackage
selected in a company "Ulan bator railway" (UBZHD), which on the parity beginnings is owned by Mongolia and Russia.- located on the south of Mongolia. Until now the supplies of coal on him were estimated in 5-6 milliard of tons, 40% from which is on close-burning
coal. But in February specified, that the found out supplies made about 900 million tons. In February the president of RZHD Vladimir Yakunin negotiated about the joint mastering of mongolian bowels of the earth with a consortium En Oleg Deripaski, "Renovy" Victor Veksel’berga and "Severstal’-resursa"
Alex Mordashova. A consortium as early as beginning of year presented to authorities of Mongolia investment suggestion on mastering of Tavan-tolgoya. Analogical requests, however, mongolian governments
Sumitomo and Itochu, American Peabody, Chinese Shenhua, Brazilian Vale, Swiss Xstrata, Rio Tinto and BHP Billiton.no in March Alex Mordashov went out from a project. With En and "Renovoy" negotiations were not conducted.Vladimir Yakunin notarized "’", that alternative competition on Tavan-tolgoyu
it is not declared, so that the threat of waiver of transmission of deposit of SP is not present. At the same time, the head of OAO RZHD underlined, SP will be under an obligation to hold competition on deposits "among all interested investors". Thus, at least officially, preferenciy
the Russian applicants will not get. Vladimir Yakunin marked that Sanzhiyn Bayar already yesterday reported about large interest of the south Korean and Japanese companies which are ready to enter in the complement of shareholders of SP or future project companies on separate deposits.Yuri
Bullocks from Bank of Moscow supposes that consortium En and "Renovy" yet can join in with a project. However Nikolay Sosnovskiy from "Uralsiba" it does not deem it wise. According to his opinion, Tavan-tolgoy — "large and difficult project with incomprehensible prospects".
"Prices on coal fallen down more than twice, at the market considerable free volumes of cheap Australian coal, – an analyst explains.— Here coal is necessary to be yet driven from the center of continent in marine port through thousands of kilometres, that increases his prime price considerably
in port. In such terms private companies which besides can not now take advantage of western credits will not take chance to climb in such projects. The more so En , at which problems are and so. "Renova" also not in the best form".
