Aspire Trans Works for Extension of Mongolia Railway

Australia-based Mongolia-oriented coking coal research company Aspire Mining Limited (Aspire) is a non-binding agreement with the Mongolia-based subsidiary of Russian Railways to extend the Trans Mongolian Railway, which runs through the north of Mongolia, to include Aspire's Ovoot coking coal project. announced that he signed the agreement.
Aspire also stated that the possibility of a strategic partnership between the railway company and Aspire's infrastructure subsidiary Northern Railways LLC (Northern Railways) for the construction and operation of the part of the Trans Mongolian railroad starting in Erdenet and extending from Moron to Ovoot will be assessed. The agreement will also lay the groundwork for discussing issues related to the Erdenet-Moron-Ovoot railway line, such as permits, investment, capacity and integration.

Source : www.steelorbis.com.t is

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