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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 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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