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Aspire Mining Secures $70M EPC Contract, Eyes 2027 Coal Exports

3:34pm on Friday 30th of January, 2026 AEDT Mining
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Aspire Mining Secures $70M EPC Contract, Eyes 2027 Coal Exports

3:34pm on Friday 30th of January, 2026 AEDT
Key Points
  • Executed $69.9 million EPC contract with CCTEG-IEC for coal handling infrastructure
  • Ovoot project holds 219.4 million tonnes of coal resources with a 31-year mine life
  • Mongolian Cabinet endorses Murun–Uliastai Highway PPP overlapping planned haul road
  • Strong financial position with $5 million cash and no debt
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