Hogan Lovells and Norton Rose Fulbright are advising Mongolian state-owned coal mining company Erdenes Tavan Tolgoi on a planned $3 billion initial public offering.

The Tsogttsetsii, Mongolia-based company is hoping to list in Ulaanbaatar, Hong Kong, and London.

Though the IPO was originally planned for this year, it may be postponed until 2014. According to Reuters, Erdenes Tavan Tolgoi is running behind on a large new mining operation and may put off its issue until it has completed the project.

Hong Kong law currently bars companies incorporated in Mongolia from listing on the Hong Kong stock Exchange. Erdenes Tavan Tolgoi is seeking an exemption. Other Mongolian mining companies have listed in Hong Kong via reverse mergers.

Hogan Lovells Hong Kong partnerJamie Barr, London partner Maegen Morrison, and Ulaanbaatar Michael Aldreich are advising the issuer, along with Norton Rose Fulbright Hong Kong partner Shaun McRobert and London partner Simon Cox.

Email: jseah@alm.com.