Baruun Naran coal mine - Global Energy Monitor
Jul 11, 2022QGX Holdings of Kerry Mining acquired the Baruun Naran deposit in 2008 for US$ 260 million. In 2011, Energy Resources LLC bought the coal mine for US$464.5 million. At the time of sale, the feasibility study had not yet been finalized. [2] The mine was later valued at only US$190 million.