Peabody in Mongolia
Peabody Energy has a growing presence in Mongolia, home to one of the best untapped coal resources in the world.
Peabody Energy is actively pursuing long-term operating, trading and joint-venture opportunities in Mongolia, where we bring more than 130 years of mining expertise. The company operates a business development office in the capital city of Ulaanbaatar and is a partner in a joint venture that holds several exploration licenses in Mongolia.
Peabody has multiple core competencies to share with global partners: world-class open-cut mining expertise, a proven record of environmental stewardship, a culture of safety and continuous improvement and best-in-class engineering and management practices.
Mongolia is located near high-growth energy markets of Asia and seeks market diversification, technological development and energy independence – all of which Peabody can help deliver.
Peabody looks forward to potentially working with the government of Mongolia to advance partnerships that will unlock the energy and economic benefits of the nation’s vast resources in a way that preserves the rich environmental and cultural heritage of the Mongolian people.
Peabody Completes Mongolia's First Coal Mine Restoration Project
Peabody has earned international recognition for safety, environmental excellence and social responsibility in Mongolia. The nation’s leaders, as well as non-governmental organizations, have repeatedly honored Peabody for directing Mongolia's first coal mine restoration project at the former Ereen Mine near Bulgan.
The $1-million project transformed a 44-acre site to productive pastureland for traditional livestock grazing. Peabody trained a local workforce to lead the initiative, which contributed significant economic benefits and jobs to local communities.
Peabody Gobi LLC
4th Floor City Plaza
Seoul Street 6/A
P.O. Box 46-274
Ulaanbaatar, Mongolia 210628
Phone: +976 70 11 0157
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