Has Shenhua Group invited the tender for Taben Tolgoi Coal Mine in Mongolia? How big is the share?

The Mongolian government hopes to help thousands of local herders get rid of poverty by developing coal mines. China Shenhua Group finally acquired 40% equity of the project and became the largest shareholder. Peabody Energy Company of the United States acquired 24% of the shares of the project, and the remaining 36% was held by a consortium jointly established by Russia and Mongolia. The final details and disputes may be decided before the end of the July 1 1 spring meeting.