XHKG
0276
Market cap13mUSD
Jul 08, Last price
0.56HKD
1D
9.80%
1Q
1.82%
Jan 2017
-79.64%
Name
Mongolia Energy Corp Ltd
Chart & Performance
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Profile
Hong Kong-based Mongolia Energy Corporation Limited operates as an investment holding company with a focus on coal mining, processing, and various other resource-related ventures across China and Mongolia. The company markets both metallurgical (coking) and steam (thermal) coal. A key undertaking for MEC is the Khushuut coking coal project, situated in Western Mongolia. It holds substantial exploration and mining concessions, covering approximately 13,981 hectares for coal and ferrous resources in Western Mongolia, specifically in the Khushuut, Olon Bulag, and Bayan-Ulgii regions. Furthermore, the firm delivers management, secretarial, nominee, and mining/exploration advisory services, engages in coal trading, and manages coal washing facilities.
Valuation
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