Aspire Mining recently completed a pre-feasibility study (PFS) for its Ovoot coking coal project in Mongolia. Open pit and underground operations would access reserves of 255 million metric tons (mt) of premium coking coal. The company is now fast-tracking studies that consider trucking coal to a railhead near Erdenet, which means production from the project can be unlocked earlier. The Ovoot PFS pegs output at 10 million mt/y of washed, high-quality coking coal over a 20-year mine life using a rail transportation from the mine. The new plan with truck haulage could deliver 3 to 4 million mt/y until the rail link is completed.
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