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Aspire Mining Locks In $69.9M EPC Contract, Paving Way for Q4 2027 Coal Output
11:12am on Thursday 18th of December, 2025 AEDT
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Mining
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Aspire Mining Locks In $69.9M EPC Contract, Paving Way for Q4 2027 Coal Output
11:12am on Thursday 18th of December, 2025 AEDT
Key Points
US$69.9 million lump-sum EPC contract executed with CCTEG-IEC
Fixed-price structure reduces capital cost and schedule uncertainty
Contract includes vendor financing with deferred payments and insurance
Ovoot CHPP designed for 2.5 Mtpa ROM coal processing capacity
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