Hunnu Coal to Acquire Stake in Mongolia’s Unst Khudag

The project consists of two exploration licenses and one mining license covering more than 59,000 hectares. The mining license covers approximately 1,600 hectares, on which the relevant government authority have approved the mining of 98.7 million metric tons (mt) of coal. Exploration programs undertaken at Unst Khudag have included mapping, trenching, geophysical surveys and drilling.