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Mongolia opens new railway to China www.sxcoal.com
Mongolia opens a new rail line to China on November 25 in a move to expand commodity exports despite the COVID-slowed cross-border trades.
The start of the 226.9-kilometer Zuunbayan-Khangi railway will speed up transportation of commodities like coal, copper, and iron ore from Mongolian mines to its main export market China. Rio Tinto's Oyu Tolgoi project in Mongolia will also be benefited from the new line.
This is the second railway export artery to China, 66 years after the construction of the Zamynuud-Erlian railway in 1956.
It was reported the customs clearance capacity of import and export products will increase by 20 million tonnes and the total freight volume of railway transportation will increase by 65% after it was put into operation, saving transportation costs and time.
(Writing by Emma Yang Editing by Tammy Yang)
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Published Date:2022-11-28
