Mongol Mining (975) to expand coal handling & cleaning plant

Mongolian Mining Corporation (00975) said its indirect wholly-owned subsidiary Enrestechnology LLC entered into a contract with Sedgman LLC and Sedgman will provide engineering services to the Mongolian Mining Group in connection with the expansion of the second phase of the coal handling and preparation plant constructed at the Group's Ukhaa Khudag deposit located in the Tavan Tolgoi coalfield (CHPP) from 5 million tonnes per annum to 10 million tonnes per annum at MNT18.1 billion (equivalent to about HK$106 million).


The Board is confident that the expansion of the CHPP will enable the Group to significantly increase its market recognition and competitiveness. (HL)