Feb. 23 (Bloomberg) -- Energy Resources LLC, a closely held coking coal producer in Mongolia, is considering an initial public offering in Hong Kong or London, the majority shareholder said.

“It’s just an idea at the moment, but we are looking to raise funds and an overseas listing is a good way to raise the profile of the company,” Gankhuyag Adilbish, managing director of MCS Holding LLC, said in a phone interview. No bankers have been hired yet, Adilbish said.