Source: Nova Minerals Limited

ZHCH Mining LLC has contracted with Transgobi LLC for a coal transport deal which could generate revenues of USD 20 million a year.

The firm signed a contract with Transgobi LLC to transport coal from it Ukhaa Khudag coal mine at Tsogttsetsii Soum, Umnugobi Aimag to Tsagaan Khad. ZHCN and Transgobi are currently finalizing the date on when to begin transport.

ZHCH Mining is owned by Nova Mongolia Pte Ltd., while Transgobi is owned by the coal producer Energy Resources LLC.