Hunnu Coal

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Hunnu Coal states on its website that it was "incorporated in Australia for the purpose of acquiring and developing coal projects in Mongolia." The company states that in Mongolia it "operates through "its subsidiary company Hunnu Resources LLC, a Mongolian incorporated company."[1]

In October 2011, a $477 million takeover of Hunnu Coal by Thai coalminer Banpu Public Company was approved by Australia's Foreign Investment Review Board and the Bank of Thailand. Banpu in March 2011 acquired about 12 per cent of Hunnu, four months after Banpu took over Australian coalminer Centennial Coal for more than $2 billion.[2]

Coal interests

The company states that it has interests in a range of coal exploration projects in Mongolia. These are:[3]

Contact details

Website: http://www.hunnucoal.com/

Articles and resources

References

  1. Hunnu Coal, "Welcome to Hunnu Coal's Website", Hunnu Coal's website, accessed March 2011.
  2. "Hunnu deal wins approval" Business Day. October 11, 2011.
  3. Hunnu Coal, "Project summary", Hunnu Coal website, accessed March 2011.

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External resources

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