- 1. Agreement on Northern Rail study
- (Around the Region)
- ASPIRE Mining and its subsidiary Northern Railways LLC have entered into a binding Memorandum of Understanding with China Gezhouba Group International Company Limited (CGGC) to advance the Erdenet-Ovoot ...
- Created on 08 March 2018
- 2. Aspire funds to expedite Nuurstei
- (Around the Region)
- ... contractor funding and exercise of options. While the project can commence as a road-based production operation, access to the proposed Erdenet to Ovoot Railway provides the potential for further reduced ...
- Created on 08 March 2018
- 3. Aspire seeks funds to fast track Nuurstei
- (Latest)
- ... operation, access to the proposed Erdenet to Ovoot Railway provides the potential for further reduced transport costs for the project. www.aspiremininglimited.com ...
- Created on 07 November 2017
- 4. Agreement on Northern Rail study
- (Latest)
- Aspire Mining and its subsidiary Northern Railways LLC have entered into a binding Memorandum of Understanding (MOU) with China Gezhouba Group International Company Limited (CGGC) to advance the Erdenet-Ovoot ...
- Created on 18 October 2017
- 5. Agreements boost Northern Rail economics
- (Around the Region)
- ASPIRE Mining’s Mongolian rail subsidiary Northern Railways LLC has signed two recent agreements that are likely to enhance the economic potential of the Erdenet to Ovoot Railway, which will form part ...
- Created on 10 July 2017
- 6. Aspire welcomes Tyva rail support
- (Latest)
- ... to run from Tianjin/Beijing in China through Erdenet and Ovoot in Mongolia and reaching north to Kyzyl and towards the Trans-Siberian Railway at Kuragino. The LoI included an agreement to share data ...
- Created on 06 July 2017
- 7. Aspire to increase stake in Nuurstei
- (Latest)
- ... Mongolian coking coal miner from the Nuurstei project while developments continue for the Erdenet to Ovoot Rail Project. The remaining 50% of ECJV will be acquired for a cash consideration of US$1 million ...
- Created on 20 June 2017
- 8. Northern Rail agreement with Chinese group
- (Latest)
- Aspire Mining subsidiary Northern Railways LLC has entered into a cooperation agreement with China Gezhouba Group Company Limited (CGGC) to advance the Erdenet to Ovoot Rail Project. This section of rail ...
- Created on 07 June 2017
- 9. Study shows Ovoot rail section is feasible
- (Around the Region)
- ... Institute Group Co Ltd (FSDI), covers the Erdenet to Ovoot section. The proposed Northern Rail Corridor in Northern Mongolia is intended to increase trade between China, Mongolia and ...
- Created on 04 April 2017
- 10. Nuurstei open pit has economic potential
- (Around the Region)
- ... the Erdenet connection of the Trans-Mongolia Railway. The project is also well placed to be an early user of the proposed Northern Railway Project which extends rail from Erdenet west to Aspire’s Ovoot ...
- Created on 04 April 2017
- 11. Rail MoU with iron ore project
- (Latest)
- ... use and involvement in the Erdenet to Ovoot Railway in northern Mongolia. Huren Chuulut is a large iron ore deposit approximately 50km to the northwest of the Khuvsgul capital of Moron and 60km north ...
- Created on 30 March 2017
- 12. New Northern Rail cooperation agreement
- (Latest)
- ... the commercialisation of the Erdenet to Ovoot Railway. The signing occurred during a conference in Ulaanbaatar sponsored by UBTZ focusing on developments that will see substantial freight volume growth ...
- Created on 21 February 2017
- 13. Erdenet to Ovoot rail concession extended
- (Latest)
- Aspire Mining’s Mongolian rail subsidiary Northern Railways LLC has received confirmation of an 18 month extension to the time required to complete the conditions precedent for the Erdenet to Ovoot Rail ...
- Created on 08 February 2017
- 14. Study shows Erdenet-Ovoot rail is feasible
- (Latest)
- ... Institute Group Co Ltd (FSDI), covers the Erdenet to Ovoot section. It demonstrates that the first stage is consistent with Mongolia’s mineral resource development strategy to be supported by growth ...
- Created on 11 January 2017
- 15. Study shows Northern Rail viability
- (Latest)
- ... and Europe. The high level study was prepared by global rail logistics consultant TransCare GmbH. The study confirmed that once complete, the Northern Rail Corridor from Erdenet to Kyzyl will be potentially ...
- Created on 31 October 2016
- 16. Economic potential for Nuurstei open pit
- (Latest)
- ... to a sealed road connecting with the Erdenet connection of the Trans Mongolia Railway. The project is also well placed to be an early user of the proposed Northern Railway Project which extends rail from ...
- Created on 24 October 2016
- 17. Initial coal resource for Nuurstei
- (Around the Region)
- ... work is tied to possible development of the Northern Railway. Nuurstei is 10km south of the Khuvsgul provincial capital of Moron and is close to a sealed road connecting to Erdenet city and the Trans ...
- Created on 28 September 2016
- 18. Bank expresses interest in northern rail
- (Latest)
- Aspire Mining has received an Expression of Interest from China Development Bank (CDB) to fund up to 75% of the engineering, procurement and construction (EPC) contract cost to build the Erdenet to Ovoot ...
- Created on 02 September 2016
- 19. Northern rail feasibility study begins
- (Latest)
- Aspire Mining has commenced the first stage of the Rail Feasibility Study for the Erdenet to Ovoot Railway in northern Mongolia. The rail line will form part of the new Northern Rail Economic Corridor ...
- Created on 22 August 2016
- 20. Ovoot railway part of new corridor
- (Latest)
- ... and transfer a 547km section of the corridor from Erdenet to Aspire’s Ovoot Coking Coal Project. The agreement was signed by the presidents of China, Russia and Mongolia during the Shanghai Cooperation ...
- Created on 30 June 2016