THL Mongolia Ltd, a fully owned subsidiary of Trendfield Holdings Ltd has purchased 70% of KMNG LLC holdings with the option to purchase another 20% within 3 years.
KMNG is located in
According to the President of THL Mongolia, “Trendfield has been searching long and hard for an opportunity such as this. These permits, their location and proximity to the world class Oyutolgoi Project makes this a win-win project for all persons involved.
We see this as an opportunity to expand our commodity base and begin to develop our projects and partnerships on the ground in