Delays to coal production at Ovoot project in Mongolia: "Energy Global reported that Australian mining firm Aspire Mining has delayed the start up of coal production from its Ovoot project in Mongolia.
The company announced that it has developed a cost saving strategy that will help maximize profits and minimize costs at the metallurgical coal mine.
The new plan hinges on the extension of the existing Trans Mongolian railway being completed in one phase. The extension, known as the Northern Rail Line will be built by Aspire’s wholly owned subsidiary, Northern Railways and is expected to be commiussioned in 2017."
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