Aspire Mining (ASX:AKM) said an independent technical report and preconstruction geotechnical surveys were completed for its Ovoot coking coal project in Mongolia, according to a Thursday Australian bourse filing.
The independent technical report supports the returns and technical viability demonstrated in the life-of-mine plan underpinning the current coal reserve estimate, per the filing.
The project has a life-of-mine of over 30 years with 116 million tonnes of life-of-mine-washed coking coal sales.
It has begun site establishment work, to expedite the construction of worker camps and early-stage infrastructure.
The introduction of expanded processing capacity will see a significant step increase projected through 2032, with coal handling and preparation plant feed increasing to 5 million tonnes per annum.
Its shares surged 28% on market close on Thursday.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。