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Mongolia's coal finds path to China via China-Central Asia freight train www.sxcoal.com
Mongolia finds a new coal export route to China after the first cross-border freight train departing from Mongolia's capital Ulan Bator arrived at northern China's Caofeidian port.
The freight train, comprising 98 open-top containers, carries an impressive load of 3,100 tonnes of raw coal. Its successful arrival at Caofeidian port signifies the establishment of an alternative trade route
This new railway connection forms a crucial component of the China-Europe (Central Asia) freight train service, helping bolster the global sea-rail transportation network of the Beijing-Tianjin-Hebei region. By integrating various modes of transportation, this venture not only enhances logistical efficiency but also strengthens international trade relations.
With the advent of this strategic export route, Mongolia is poised to further capitalize on its vast coal reserves and forge mutually beneficial economic ties with China.
Mongolia aims to export 50 million tonnes of coal this year, while the volume during the first five months stood at 23.06 million tonnes. Around 99% of the total exports, mainly coking coal, went to China, according to the Mongolian Customs General Administration.
Published Date:2023-06-14
