August 14, 2013

Aspire eyes cost cuts as Ovoot coking coal project startup is delayed to 2017 - Metals | Platts News Article & Story

Aspire eyes cost cuts as Ovoot coking coal project startup is delayed to 2017 - Metals | Platts News Article & Story: "Australia's Aspire Mining plans to delay start of production at its Ovoot coking coal project in Mongolia as it has come up with a more cost-effective startup plan, Managing Director David Paull said Tuesday.

Production from Ovoot was expected to begin in 2016 at 6 million mt/year, but Aspire is now targeting initial output at 5 million mt/year in 2017."

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