Mongolia launches coal E-Auctions for Mandula port deliveries to China

Mongolia’s ETT debuted its listing on the Mongolian Stock Exchange, selling 128,000 t of coking coal in 20 lots for China’s Mandula port. Previously, coal trades were directed to Ganqimaodu port, but the shift opens new export avenues. In 2023, the exchange traded 14.9 million tonnes of coal. With 270+ registered buyers, over 90% are from mainland China.