List of bidders shortened from 17 down to 6 and is now restricted to Korean–Russian–Japanese consortium (Russian Railways being part of it); Japanese–Chinese consortium of Mitsui and Shenhua; Peabody Energy; Vale; Xstrata; and ArcelorMittal.
Tavan Tolgoi is the world largest deposit of coking coal. Its Eastern part alone features 1.2 bn t of coal reserves sufficient to produce 15 m t of coal annually for 30 years. Total deposit reserves are estimated at 6 bn t.