HOGAN LOVELLS APPOINTED LEGAL ADVISER TO ERDENES MGL, WITH WIDE RESPONSIBILITIES

Hogan Lovells has been appointed legal adviser to state-owned mining company Erdenes MGL – the sole owner of the mining operations for the Tavan Tolgoi project in Mongolia. As part of the appointment, Hogan Lovells will help Erdenes establish draft mining agreements which can be used for the development of the Tavan Tolgoi coal deposit area and other future coal mine developments in Mongolia. It is expected that Hogan Lovells will also assist in the negotiation and finalization of the mining agreements between Erdenes and the international private-sector participants in the project.

The Hogan Lovells team will be led by Ulaanbaatar-based Michael Aldrich and comprise Mr. John Copper in London, Mr. Joseph Bell in Washington DC, Mr. James Harris in Singapore and Mr. Jamie Barr in Hong Kong.
Mongolia’s mining industry is taking off as projects involving state-owned enterprises and corporate investments fuel market activity, according to Mr. Harris, Hogan Lovells head of infrastructure and project finance Asia. The firm has been “doing stuff with three types of clients: private sector developers, investors, buyers or sellers; lenders to these people; governments or governments assisted by a multilateral such as the World Bank, IFC or the Asian Development Bank (ADB),” he said. “The strongest countries would be – working from south to north – Indonesia, Vietnam, Philippines, China, Mongolia, and India to the east.”

Source: http://asia.legalbusinessonline.com/news/breaking-news/mining-projects-in-mongolia-kicking-off/49469