3,417.19
Mongolia
Energy Corporation
has awarded Leighton Asia an AUD273-million, 6-year contract to develop and
operate the Khushuut coal mine
project in western Mongolia. This is the second contract that MEC has awarded
to Leighton Asia in western Mongolia. The contract is based on a mine plan
which ramps up to an initial 3 million tons of coking coal per year and
includes 48.5 million cubic meters of material movement and anticipated ramp up
to 5 to 6 million tons or more of coking coal per year. Leighton Asia is
responsible for all mining activities including load and haul of waste, load
and haul of coal, drill and blast, mine planning, technical support, site camp
management and catering services. In November 2009, Leighton Asia was awarded
the contract to provide an initial 3 million tons per annum mine plan study.
Leighton Asia Managing Director Hamish Tyrwhitt said, “This award
represents an important milestone to our business in Mongolia bringing our
total number of mines to 3. Our work in hand at Leighton Asia has now reached a
record level of AUD6 billion.” MEC Chief Executive Officer James Schaeffer Jr.
said, “This award represents completion of a major step forward in the
implementation of our business model as an energy and resources developer. Our
selection of Leighton as mining contractor will assist in the efficient and
professional development of our initial project at Khushuut and demonstrates
MEC”s commitment to building professional and local relationships for further
projects.”
Energy Corporation
has awarded Leighton Asia an AUD273-million, 6-year contract to develop and
operate the Khushuut coal mine
project in western Mongolia. This is the second contract that MEC has awarded
to Leighton Asia in western Mongolia. The contract is based on a mine plan
which ramps up to an initial 3 million tons of coking coal per year and
includes 48.5 million cubic meters of material movement and anticipated ramp up
to 5 to 6 million tons or more of coking coal per year. Leighton Asia is
responsible for all mining activities including load and haul of waste, load
and haul of coal, drill and blast, mine planning, technical support, site camp
management and catering services. In November 2009, Leighton Asia was awarded
the contract to provide an initial 3 million tons per annum mine plan study.
Leighton Asia Managing Director Hamish Tyrwhitt said, “This award
represents an important milestone to our business in Mongolia bringing our
total number of mines to 3. Our work in hand at Leighton Asia has now reached a
record level of AUD6 billion.” MEC Chief Executive Officer James Schaeffer Jr.
said, “This award represents completion of a major step forward in the
implementation of our business model as an energy and resources developer. Our
selection of Leighton as mining contractor will assist in the efficient and
professional development of our initial project at Khushuut and demonstrates
MEC”s commitment to building professional and local relationships for further
projects.”
