An obscure Chinese company, Hunnu Coal, disclosed buying 60 per cent of Tsant Uul Coal Project stock, 40 km South from the giant coking coal deposit, Tavan Tolgoi (S. Gobi Province).
BHP Billiton, Jindal, Vale, Peabody, Shenhua, COPEC and a group of Japanese and Russian companies all have a claim to develop Tavan Tolgoi deposit.