From Bust to Boom: MMC plans bond return

After a difficult few years, Mongolian Mining is on the up again. It plans to issue US dollar bonds as part of the company's rebound from default in 2016.
Mongolian Mining's coal exports are expected to improve this year
Mongolian Mining's coal exports are expected to improve this year

After a near-knockout in 2016 on the back of a default, Mongolian Mining Corproation (MMC) is on track to restore its financial health. The Hong Kong-listed coking coal producer has announced plans to tap the US dollar bond market for the first time in nearly two years.

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