Creamer Media’s Mining Weekly: Aspire breaches rail gap at Ovoot

Junior coal developer Aspire Mining has signed a nonbinding memorandum of understanding (MoU) with Mongolian rail giant JSC Russian Railways to discuss the extension of the Trans-Mongolian Railway to the Ovoot coking coal project. The MoU would explore the development of a strategic partnership between Aspire’s infrastructure subsidiary and Infrastructure Development LLC (ID) to build, own and operate an extension of the existing Trans-Mongolian Railway at Erdenet through to Ovoot, via the town of Moron. Aspire said on Thursday that the MoU provided a framework to discuss, amongst other things, the application for a rain concession for the new rail line, investment and network rail capacity and integration. To read the full article, click hereAspire breaches rail gap at Ovoot

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