Aspire Mining Ltd to proceed with Stage 2 of Ovoot Coking Coal Project FEED study proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.
The company recently received fresh laboratory results confirming the OCCP has high-quality premium fat coking coal of high value and looks well placed.
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Aspire Mining Ltd is focused on the development of metallurgical coal assets in Mongolia, principally the wholly owned Ovoot Coking Coal Project (OCCP). The company has provided an update regarding the coal handling and preparation plant (CHPP) required to establish operations at the OCCP.
Summary
Contract for preparation of a FEED study on CHPP infrastructure to support commencement of operations at the OCCP has been awarded to CIMIC Group’s minerals processing company, Sedgman Pty Limited.
Sedgman is the leading provider of integrated minerals processing solutions with experience delivering world class processing solutions. Sedgman is an industry leader in the fields of design, construction, commissioning, and operations of minerals processing facilities, and has provided technical input and various studies supporting the economics of the OCCP from discovery of the deposit in 2010.
Aspire Mining awards FEED study preparation contract for Ovoot Coal Handling and Preparation Plant to CIMIC Group’s Sedgman
The FEED study will support the commencement of operations at the wholly-owned Ovoot Coking Coal Project in the Khuvsgul aimag of northwestern Mongolia. The FEED Study will be conducted in a phased approach, over a period of around five months.
Aspire Mining Ltd (ASX:AKM) (FRA:WKU) has awarded a contract for the preparation of a front end engineering and design (FEED) study on Coal Handling and Preparation Plant (CHPP) infrastructure in Mongolia to CIMIC Group Ltd’s (ASX:CIM) (FRA:WKU) wholly-owned minerals processing company, Sedgman Pty Limited.
A 60-kilogram sample of fresh coking coal indicative of Ovoot’s Upper Seam, which will be the focus of the Ovoot Early Development Project, was tested.