There have been some recent positive developments in Mongolia which will assist Aspire Mining Ltd in the funding and operation of the Ovoot Coking Coal Project.
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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.