Peabody, China, Russia teams chosen in Mongolia mine bid

by admin on Monday, July 4th, 2011 | No Comments

SHANGHAI (Reuters) – Mongolia chose miner Peabody Energy , a venture between China’s Shenhua and Japan’s Mitsui & Co , and a Russian-led consortium as preliminary winners to jointly develop the prized Tavan Tolgoi coal deposit, a senior government source said on Monday.