COAL TRADE Fri 10/09/2010

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SouthGobi hopes to bust bottleneck

May 11 - 17, 2009

IVANHOE Mines unit SouthGobi Energy is hoping increased opening hours at the Mongolia-China border crossing handling its coal exports from southern Mongolia will allow it to boost output this year. But it was still managing to make money selling thermal coal at $US29/tonne before a temporary shutdown of its Ovoot Tolgoi mine in the March quarter.

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