UK’s firm, Alexander Mining signed marketing agreement for potential commercial adoption of its lead
The Agreement has an initial term of two years, with a rolling mutually agreeable six monthly extension thereafter.
UK’s firm, Alexander Mining signed a marketing agreement for potential commercial adoption of its leading technologies in Mongolia. The Agreement has an initial term of two years, with a rolling mutually agreeable six monthly extension thereafter. "Mongolia, with its favorable location adjacent to China, is a noted mining country and is highly prospective for the discovery of new mineral deposits," said chief executive Martin Rosser. Mongolia's copper and coal deposits have attracted many international and domestic companies, including Rio Tinto, have both been identified and exploited, with the country already a significant exporter of copper, coal, molybdenum, silver and zinc. Alexander pointed out that the Mongolian government is actively exploring ways to increase the extent of processing within the country, while plans are underway to build a centralized copper smelting and converting facility near Ulaanbaatar to reduce concentrate exports.
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