Support: 888-992-3836
Copyright © 2023 InvestorsHub Inc.
Replies to post #358 on Mongolian Mining Corp. (MOGLF)
OMOLIVES
06/07/17 9:26 PM
#359 RE: Ponch73 #358
The Consortium must, within 2.5 years of being granted the licence, expand coal processing capacity in TT region to at least 30mt of coal per year and sell the produced coal into at least two foreign markets. The fact that the Group already has facilities with coal processing capacity of 15mt per year near the UHG mine places it in an advantageous position as it is able to leverage the same facilities for the TT mine, given that the UHG and the TT mines are adjacent to each other
The first and second modules of the CHPP commenced commercial operations in June 2011 and February 2012, respectively. MMC’s total name plate ROM coal processing capacity reached 15 Mtpa by the successful commissioning of the plant’s third module in June 2013.