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05.07.2011 Tavan Tolgoi divided between investment consortia

Thirty-six per cent of the part of the deposit under concession will be developed by Russian Railroad consortium (including SUEK, Russia;

POSCO, KEPCO, LG, Daewoo, S. Korea; Itochu, Sumimoto, Marubeni, Sojitz, Japan).

Peabody Energy (U. S.) as well as Shenhua (China) and Mitsui & Co. (Japan) are two other investors that have won permits to develop the deposit.