Aspire Mining Secures Government Backing for Murun-Uliastai Highway PPP.

Aspire Mining Limited (ASX: AKM) has received strong support from the Government of Mongolia, which has officially endorsed the Murun-Uliastai Highway Project under a Build-Operate-Transfer Public-Private Partnership Agreement. The highway aligns with Aspire’s planned road to support the Ovoot Coking Coal Project, for which the company has already completed a Feasibility Study, Detailed Design, and Environmental Impact Assessment. The Ministry of Economy and Development is expected to tender the project within six months, with a contract award likely ahead of the 2026 construction season.

Aspire is well-positioned as the lead private-sector proponent, having undertaken extensive studies, regulatory approvals, and community engagement. The endorsement reduces Aspire’s capital burden while ensuring critical infrastructure is backed by government investment. Partnerships with international contractors, legal advisers, and investment bankers are already in place to secure financing. This milestone significantly de-risks the Ovoot Project and strengthens Aspire’s pathway toward development.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com