대한석탄공사

The Current state of coal import and overseas mine development, and mid & long term plan.

Goal

To provide long-term stability of domestic coal supply and demand by direct development of overseas mines
To improve business dependent upon domestic coal industry by making profit and to establish the foundation for future growth

Direction

To research overseas prospective mines with economic feasibility and investment security and promote business

To choose the promising overseas mines and check business validity by information research and on-site visit.
- To collect information and plan business promotion.
- To check the validity of development by inspecting mines.
To secure and develop economically feasible mines through checking business validity.
- To evaluate mines for business validity and establish development plan.
- To promote joint business through consortium with domestic private companies.
- To plan step-by-step strategies for investment security and early profit making

�� Step by step strategy

To build cooperative system with related institutions for effective business promotion

To promote cooperative business operation with related domestic and overseas related institutions and governmental and privately owned companies.
To build information exchange networks for collecting and utilizing overseas information.

Overseas mine development road map

�� Overseas mines currently being developed Summary of the business in development

Mines	location	condition	Status	Plan
Nuurst khotgor Bituminous mine	Mongol Uvs aimag	Area: 1,616ha minable amount: 76million tons Quality: 7,000kcal/kg Development Method: outdoor mining	On site survey and evaluation of business feasibility On site Mine inspection: Technology, law, economic feasibility (accounting)	To make decision after on site mine inspection To establish domestic consortium and contract for securing mine shares To establish development and management plans