SouthGobi Resources Ltd

Industry: Thermal Coal

Sector: Energy

Primary metal: Coal

About

SouthGobi Resources Ltd. is a mining and exploration company engaging primarily in the production and sale of coal. Based in Mongolia, the company operates the Ovoot Tolgoi coal mine located in the southern region of the country. SouthGobi Resources focuses on mining semi-soft coking coal and thermal coal, primarily supplying major industrial markets in China. The company's operations are strategically positioned near the Mongolia-China border, facilitating a cost-effective transportation route to its principal customer base. SouthGobi's role in the energy sector is significant, as it provides essential resources for steel production and energy generation. The company contributes to markets by addressing global coal demands, influenced by industry shifts and regulatory landscapes. It is listed on stock exchanges with mining and commodity-driven portfolios, attracting investors interested in the energy commodity sector.

Symbol: SGQExchange: TSXVCurrency: CAD