Aspire Mining fully owns the world-class Ovoot Coking Coal Project - News.MN

Aspire Mining fully owns the world-class Ovoot Coking Coal Project

Old News! Published on: 2023.03.23

Aspire Mining fully owns the world-class Ovoot Coking Coal Project

Aspire Mining Ltd has moved closer to bringing its Mongolian coal projects to production through the appointment of highly experienced mining executive Michael Avery as chairman of the Board of Directors.

The company, which holds 100 percent of the world-class Ovoot Coking Coal Project and 90 percent of the Nuurstei Coking Coal Project both in Khuvsgul province of northwest Mongolia.

Aspire is focused upon permitting, engineering and financing the Ovoot Coking Coal Project with intention to mine by open pit coking coal, truck this to a company-owned terminal facility in Erdenet and then deliver to customers in China and Russia via the existing Mongolian rail network.

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