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2014 report from Mongolian Mining Corporation issued


As stated in their recently published report, in 2014 Mongolian Mining Corporation traded 5.4 million tons of coal and earned revenue of 328.3 million USD.
In comparison to the same period of last year, revenue fell by 24.9 percent.  
The total amount of coal exported and the prices for coal have decreased. In 2013 one ton of coal traded for 92.1 USD, on average. In 2014 one ton traded for 83.5 USD, and the sale price decreased by 9.3 percent.
Mongolian Mining Corporation's total revenue was listed in the report as follows:
-60.2 percent (197.6 million USD) was generated from the sale of coal  to Gants Mod port on delivery conditions
-39.8 percent was generated from trading of coal according to free-on-transport and cost-and-freight conditions.
-85.3 percent (280.1 million USD) was generated from the sale of coking coal.
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