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Aspire Mining Advances Ovoot Coal Project with Major Tenders and Strong Cash Position
3:57am on Monday 2nd of June, 2025 AEST
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Mining
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Aspire Mining Advances Ovoot Coal Project with Major Tenders and Strong Cash Position
3:57am on Monday 2nd of June, 2025 AEST
Key Points
Completion of pre-construction geotechnical surveys at Ovoot and Erdenet Rail Terminal
Receipt of multiple global bids for Coal Handling and Preparation Plant and rail terminal infrastructure
Memorandum of Understanding signed for custom coal transport trailers
Strong financial position with USD 12.6 million in cash and investments, debt-free
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