AKM 4.55% 23.0¢ aspire mining limited

Ganqimaodu border crossing in China's Inner Mongolia imported...

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    Ganqimaodu border crossing in China's Inner Mongolia imported 11.59 million tonnes of coking coal from the neighboring Mongolia over January-August this year. That is a 26.56% of China’s imports for this period coming through this border. Mongolian met coal is occupying a bigger share of China imports. China's thermal coal market was generally on an upward trajectory in September, with production curbs at mines continuing biting and some end users and traders kicking off pre-winter restocking. Hard to make bigger profits by trucking thermal coal. Mongolia rail extensions would play a major role in economic transport of coal and grab a greater share of China imports more importantly reduce the never ending truck traffic at Ganqimaodu.

    http://www.sxcoal.com/news/4579352/info/en
 
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