COMPANY ACTIVITY

Aspire gets rail conditions extension

MONGOLIAN metallurgical coal explorer Aspire Mining’s rail subsidiary Northern Railways has received approval from Mongolia’s National Development Agency for an 18 month extension to the time required to complete the conditions precedent for the Erdenet to Ovoot Rail Concession Agreement.

Lou Caruana
Aspire gets rail conditions extension

These activities include completion of feasibility studies, environmental studies and permits, land use agreements, commercial agreements including the engineering, procurement and construction contract...

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