Lots of talk about this company AKM at the moment and i spoke to my Chinese friend who is in Beijing and he has definitely heard about this Northern Mongolian Railway project and how it will open up North east Asia and promote massive local /regional trade - he has said the news is flowing through media circles so its relatively well known over there - once the Fund Manager houses get wind of any completion of feasibility, due anytime from now to end June approx. then AKM will soar - they may be starting to get in now as there has been a lot new money entering IMO
https://www.indiainfoline.com/artic...argest-coking-coal-supplier-3991164177_1.html
Mongolia Replaces Australia As Largest Coking Coal Supplier
Mongolia has replaced Australia to be China's largest coking coal supplier, said Mr. Huang Jingan, President of the China Coking Coal Industry Association, at a summit forum about the country's coking coal supply and demand situation held in Xinjiang on October 22.
Statistics show that China imported 26.49 million tonnes of coking coal in the first eight months of the current year, down 9.7 percent compared with the same period last year.
The volume of coking coal imported from Australia accounted for 21 percent of China's total imports, that compared with 37 percent in the previous year. By contrast, Mongolian coking coal occupied 43 percent of China's total imports, up from 32 percent a year ago.
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