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Turquoise Hill Resources Ltd. T.TRQ

Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Post by petrojellon Aug 17, 2014 9:49am
337 Views
Post# 22850067

President of 1.2Bill Visits President of 2.9Mill People.????

President of 1.2Bill Visits President of 2.9Mill People.????

Xi's upcoming visit to further ties: Mongolian lawmaker

Updated: 2014-08-16 10:30

ULAN BATOR - Chinese President Xi Jinping's upcoming state visit to Mongolia will significantly promote the economic relations between the two countries, a Mongolian lawmaker said.

Mongolia and China are enhancing their economic relationship and Mongolia's hard currency revenue has increased as most of its exports, especially coal and copper concentrate, go to China, Dulamsuren Oyunkhorol, from the opposition Mongolian People's Party, was quoted by Mongolian news website www.news.mn as saying.

The lawmaker urged Mongolia to learn from the experiences of China's Inner Mongolia Autonomous Region in supplying solar and power energy, increasing the productivity of livestock animals and improving herders' quality of life.

In 2011, China's Inner Mongolia Autonomous Region and Mongolia started a cooperative project designed to reduce pastureland overgrazing, increase output of cashmere and meat, as well as supply solar power to herder households to meet their demand in both production and life.

"It is important for Mongolia to work with the Chinese side, especially the Inner Mongolian Autonomous Region's academic and research institutions and herders to improve the livelihood of our herders," said Oyunkhorol.

President Xi will pay a state visit to Mongolia at the invitation of Mongolian President Tsakhiagiin Elbegdorj from Aug. 21-22.

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