What does AKM mean in ASX SYMBOLS
Aspire Mining Limited (AKM) is an Australian-based exploration and development company that primarily operates in Mongolia. It endeavours to identify and develop potentially large scale coal assets located throughout the country, including its flagship project - the Ovoot Coking Coal Project located in northern Mongolia. AKM has established a strong presence in Mongolia and is well positioned to capitalise on opportunities presented by the growing demand for metallurgical coal both domestically and internationally.
AKM meaning in ASX Symbols in Business
AKM mostly used in an acronym ASX Symbols in Category Business that means Aspire Mining Limited
Shorthand: AKM,
Full Form: Aspire Mining Limited
For more information of "Aspire Mining Limited", see the section below.
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Essential Questions and Answers on Aspire Mining Limited in "BUSINESS»ASX"
What is Aspire Mining Limited?
Aspire Mining Limited is an Australian-based mining exploration and development company with a focus on developing world class metallurgical coal deposits in Mongolia. We are listed on the Australian Securities Exchange (ASX) under the ticker code AKM.
What type of minerals does Aspire Mining Limited explore?
Aspire Mining Limited exclusively focuses on exploring and developing metallurgical coal deposits in Mongolia.
What area do you operate in?
Our approximate operating area spans over 24,000 square kilometres across two regions of northern Mongolia; Omnigovi and Bulgan provinces.
How can I invest in Aspire Mining Limited?
Currently, you can invest in Aspire by buying shares on the ASX stock exchange under the ticker AKM. You'll need to consult a financial professional for advice about any investment decisions you want to make though.
Is there any other projects that Aspire is working on?
Yes! We're currently looking at building a substantial railway linking northern Mongolia to China, specifically from our Ovoot Coking Coal project to China’s ZERO-KK railway line (which links to Coal Export Terminals). This railway would provide an economic benefit not only for our own projects but also for Mongolia as it would be open access for other companies.
Are there any ongoing development activities at Ovoot Coking Coal Project?
Yes, we are currently conducting ongoing development activities at our 100% owned Ovoot Coking Coal Project which remain unaffected by Covid-19 impacts and border restrictions. The project benefits from existing infrastructure including road access, powerlines, water storage facilities and a secure airstrip.
Does Aspire have plans within the Mongolian communities it operates in?
Absolutely! Our Community Development Plan provides employment opportunities and training to local communities throughout our operations in Mongolia. We've conducted multiple programs such as Adult Education Programs covering topics such as Computer Skills Training, English Language Courses & Job Readiness Programs amongst many others since 2006.
Are there any environmental initiatives that have been undertaken by Aspire Mining Limited?
Yes! We understand that we have a responsibility to protect environment & ecosystems while carrying out our operations - so it's something we take seriously! We've implemented numerous environmental initiatives including reforestation programs, revegetation of mined areas & water quality monitoring programs over many years now through our partnerships with various universities & research institutions.
Final Words:
In conclusion, Aspire Mining Limited (AKM) is a key player in the minerals industry due to its focus on identifying coking coal sources as well as investing in relevant infrastructure initiatives in Mongolia. Its work allows countries around the world access reliable resources while simultaneously promoting economic growth through prudent investment opportunities that contribute towards sustainable development.
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