Aspire Mining Limited (AKM:ASX)

7.7¢

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Last trade 03.48am 25/09/2020 20mins delayed

Company Overview

Aspire Mining Limited is a metallurgical coal and infrastructure company. The Company's assets are located in Mongolia. The Company's segments include Australia, Mongolia and Singapore. The Company holds interest in the Ovoot, Jilchigbulag and Myangan coal projects. It holds interest in the Ekhgoviin Chuluu Joint Venture (ECJV), which holds interest in the Nuurstei Coking Coal Project and in the Erdenebulag Coal Project. The Company also holds interest in Northern Railways LLC. The Ovoot project is a large scale coking coal project. The Jilchigbulag project is an approximately 2.5 square kilometers exploration license, which surrounds a mine lease that supplies thermal coal. The Nuurstei Coking Coal Project is located in the Orkhon-Selenge coal Basin in northern Mongolia. The Erdenebulag Coal Project is located in the South Gobi region of southern Mongolia. The Nuurstei Coking Coal Project consists of over two tenement areas spanning across approximately 30 square kilometers.

AKM in the news

Aspire Minning (AKM) has signed a non-binding memorandum of understanding (MoU) with…

AKM in the news

Aspire Mining’s biggest shareholder has backed the company with another $2.75 million…
Aspire Mining has received a Conditional Letter of Intent from Aspire’s major…
Aspire Mining has entered into a share subscription deed with a major…