MONGOLIAN metallurgical coal explorer and infrastructure company, Aspire Mining, has entered into a memorandum of understanding agreement to mine and purchase raw coal from an existing mine adjacent to the Ekhgoviin Chuluu Joint Venture’s Nuurstei Coking Coal project in Mongolia.
Aspire has signed a MOU to get coal from a neighbouring project..
The ECJV, which owns 90% of the Nuurstei project, is 50% owned by Aspire and 50% by Noble Group with Aspire having the right until June 30 to buy the Noble Group interest for US$1 million and a future...
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