Mongolian Mining Corporation Secures Operations Support Agreement with MCS Property

Reuters
Sep 04
Mongolian Mining Corporation Secures Operations Support Agreement with MCS Property

Mongolian Mining Corporation has announced the signing of an Operations Support Agreement with MCS Property, set to run from September 1, 2025, to August 31, 2028. This agreement involves the provision of services such as process commissioning, start-up, ramp-up, maintenance, optimisation, and other ancillary services for the company's mineral processing facilities in Bayankhongor aimag, Mongolia. MCS Property, having constructed the BKH processing facilities, was chosen for its expertise and ability to deliver these services efficiently and reliably. The agreement terms, determined on an arm's length basis, are considered fair and reasonable. Erdene Mongol, a subsidiary of Mongolian Mining Corporation, evaluated multiple candidates but found MCS Property's offer most favorable due to their capability to meet the company's specific service requirements.

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