Prospective Mongolian rail line proves feasible
PERTH (miningweekly.com) – Initial feasibility studies into the Erdenet to Ovoot railway, in Mongolia, have determined the project to be feasible, ASX-listed Aspire Mining has reported.
The company told shareholders on Monday that the railway servicing the proposed Ovoot coking coal project would require a capital injection of $1.25-billion for a 20-million-tonne-a-year single-line.
This is compared with the $1.2-billion cost for a 12-million-tonne-a-year line estimated in a 2013 prefeasibility study.
The freight forecast for the Erdenet to Ovoot railway does not include additional freight volumes from Russia’s Elegest coking coal basin or any trans-Eurasian trade, with Aspire noting that the feasibility of rail links into Russia would require further feasibility studies.
The feasibility study included two locomotive service centres and depots, as well as 11 bypass loops for the single-line track to be able to provide network capacity of 20-million tonnes a year.
There is also a total length of 10 km of tunnels across seven separate tunnel areas.
The entire rail line is expected to take about 60 months to construct; however, Aspire noted that there was an opportunity to truck coal from Ovoot to a loading point prior to the full completion and commissioning of the rail line, subject to pricing and cost.
The Erdenet to Ovoot railway is a critical component of the development of the Ovoot coking coal project, which hosts 255-million tonnes of coal reserve and can sustain production of 10-million tonnes a year over 21 years.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Sweet-Orr, established in 1871, is a global leader in superior protective workwear, known for quality, innovation, and performance.
VISIT SHOWROOM
ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
