Aspire Mining signs up Russian customers for Ovoot coking coal - Proactiveinvestors (AU): "Ovoot Coking Coal Project in Mongolia continues to draw interest with two non-binding Memoranda of Understanding signed with large Russian buyers for up to 1.3 million tonnes per annum of coking coal.
This brings its total coking coal MoUs to 6.9Mtpa, well above the 5Mtpa capacity under its low capital development option.
Separately, the company has signed a non-binding Memorandum of Understanding to transport up to 2Mtpa of Ovoot coking coal through Russian Federation rail systems and reloading of coal at Russian Far East coast at competitive tariffs."
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