Mongolian Mining ( (HK:0975) ) just unveiled an update.
Mongolian Mining Corporation has announced amendments to its EM Power Purchase Agreement with MCS International, aimed at improving power supply reliability and extending the lifespan of its power systems for the Bayan Khundii project. The agreement now includes additional operation and maintenance services, reducing dependency on diesel and aligning with other existing agreements. These changes are expected to benefit the company in the near- and long-term by stabilizing power costs and enhancing operational efficiency.
More about Mongolian Mining
Mongolian Mining Corporation is a company incorporated in the Cayman Islands, operating in the mining industry. It is involved in the supply, installation, operation, and maintenance of power solutions for mining projects, with a focus on enhancing power supply availability and reliability.
YTD Price Performance: -15.56%
Average Trading Volume: 4,710
Technical Sentiment Signal: Buy
Current Market Cap: $872.8M
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