BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
COOKIE NOTICE

Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

IF you are a Platts Market Center subscriber, to reset your password go to the�Platts Market Center to reset your password.

In this list
Metals

Aspire to develop low ash coking coal project in Mongolia

Agriculture | Grains | Energy | Thermal Coal | Oil | Crude Oil | Petrochemicals

Market Movers Asia, Dec 10-14: OPEC coalition agrees to cut output; refiners, traders focus on Feb crude oil loading programs

Metals | Non-Ferrous | Steel

Platts Market Data - Metals

Agriculture | Electric Power | Natural Gas (North American) | Oil | Metals | Petrochemicals

North American Digital Commodities Summit, 2nd Annual

Metals

India's Nov steel production rises 4% on year

Aspire to develop low ash coking coal project in Mongolia

Singapore — Aspire Mining Wednesday announced plans to develop a new low ash coking coal project in Mongolia.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The Ovoot Early Development Plan involves mining low ash and high yield coal from the Ovoot orebody and construction of a private temporary haul road to be completed in 12-15 months from commencement, the company said in a filing to the Australian Securities Exchange.

Output is initially planned at 3 million-4 million mt/year due to the limitations of Mongolia's rail capacity, with plans for an expansion of transportation to support output of up to 10 million mt/year, the company said, without providing a time line.

China imported 26.27 million mt of coking coal from neighboring Mongolia in 2017, comprising 38% of its total 69.9 million mt of coking coal imports in the year. Mongolian coal is sought-after for its low ash content; China's domestic coals typically have a higher ash content.

--Weng Yile, yi-le.weng@spglobal.com

--Edited by Wendy Wells, wendy.wells@spglobal.com