Japan Hasn't Complained To Mongolia On Tavan Tolgoi Exclusion -Official
22 Julio 2011 - 1:44AM
Noticias Dow Jones
Japan's Ministry of Foreign Affairs said Friday that Japan
hasn't filed any complaint with Mongolia over the alleged exclusion
of Japanese companies from developing a Tavan Tolgoi coal mine
deposit.
The clarification comes after Reuters reported Friday, citing
unnamed government officials, that Japan had filed a complaint with
Mongolia over the bidding process for the massive Tavan Tolgoi
contract.
"We have not confirmed if Japanese companies are indeed excluded
in the first place," a ministry official said. "We are still trying
to find out."
Mongolia's government announced in a statement earlier this
month that it had reached a deal with China's Shenhua International
Ltd. (SHU.AU) , Peabody Energy Corp. (BTU) of the U.S. and a
Russian Railway-Mongolian consortium to develop a deposit at the
mine.
On July 5, South Korea's government complained that the bidding
process for the contract had been unfair.
"Negotiations are still going on. The Japanese and the Koreans
are unhappy and are working on to get themselves in," a senior
Mongolian government official said Wednesday.
Japanese and Korean firms weren't mentioned in the announcement,
though some are taking part in the consortiums that include Russian
Railway and Shenhua.
-By Mari Iwata, Dow Jones Newswires; 813-6269-2798;
mari.iwata@dowjones.com
-- Venkat Ramakrishnan in Singapore contributed to this
article.
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