Purpose of the Environmental and Social Impact Assessments
The proposed Bank financing involves an initial equity investment in Energy Resources to allow the Company to establish commercial production. The Project will support the early production of high quality (coking) coal from the medium-sized open-pit Ukhaa Hudag (UHG) deposit in southern Mongolia. The deposit will be developed in accordance with best international practices, including requirements for high corporate governance and transparency standards (including EITI and advance mine management and modelling software), high EHS standards, and IFRS financials for the Company. To further mitigate the operating risk, the deposit will initially be operated by an international contract mining company.
There is a project summary document available for this project.
Full ESIA availability
Full ESIA documentation is available locally at:
EBRD Headquarters in London, email@example.com
Energy Resources Offices
Official address 2nd floor, Od Plaza,
Seoul avenue, 1st Khoroo,
Sukhbaatar district, Ulaanbaatar
8th floor, Max Tower, Tourist avenue, 1st Khoroo,
Sukhbaatar district, Ulaanbaatar,
Tel.: 322279, Fax.: 330290,
Local Information Points:
The Open Ger at the UHG Mine Camp.
EBRD Ulaanbaatar Office
Seoul Street – 4A
Tel: 317 974, Fax: 315 844
A full copy can be downloaded from http://www.energyresources.mn/index.php?option=com_content&view=article&id=24&Itemid=58&lang=en
This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.
Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.
Last updated 25 June 2014