30
Aug
10:42
Aspire steps closer to shipping Mongolian coking coal
Australian-Mongolian coal developer Aspire Mining has announced a new financing package which it hopes will bring forward production and shipment of coal from its Ovoot coking coal project. The mine could ship 10 million tonnes/year of washed coking coal into China once it is running at capacity, Kallanish notes.
The AUD 15 million ($10.96m) deal would include a $2.4m debt-for-equity swap with Noble Resources, which would leave the developer debt-free when it st…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous