Starting from June 1 this year, Mongolia will impose a Tugrik 3,000/mt (about $2/mt) duty on exports of coking coal and a Tugrik 2,000/mt (about $1.4/mt) duty on exports of bituminous and brown coal.
In 2008, Mongolia was the third biggest supplier of coal to China, exporting a total of 4.043 million mt of coal worth $243.4 million, thus setting an all-time record.
About 100 coalfields are currently in operation in Mongolia.