Aspire Mining Ltd (ASX:AKM) has moved closer to bringing its Mongolian coal projects to production through the appointment of highly experienced mining executive Michael Avery as chairman of the Board of Directors.
The appointment of Avery in a non-executive capacity is effective immediately and follows him joining the board on November 29, 2022.
The company, which holds 100% of the world-class Ovoot Coking Coal Project and 90% of the Nuurstei Coking Coal Project both in Khuvsgul aimag (province) of northwest Mongolia, expects to benefit greatly from Avery’s experience.
Vast experience
He has been involved in the establishment and management of successful public and private companies in mining, exploration & development, mining consulting services and mining contractor services.
For more than 30 years Avery has been serving the mining sector in various capacities and has experience outside of Australia including Mongolia, Indonesia, China, the USA, South Africa and Madagascar.
Avery has a Bachelor of Mining Engineering and a Master of Business Administration. He is also a qualified Australian Coal Mine Manager and a member of the Australian Institute of Mining and Metallurgy.
Roles cover mining life cycle
His resume includes experience with blue-chip mining and contracting companies including Rio Tinto (ASX:RIO), BHP Billiton (LON:BHPB) and Brambles (ASX:BXB) at operations and projects in Australia and internationally.
These roles have covered the full life cycle of open cut and underground mines from resource exploration and evaluation, through to conceptual design, pre-feasibility, feasibility, construction, operation and management.
Avery has also held executive level positions in the mining sector, including serving as a director on public and private company boards.
He has held positions of managing director and chairman. Significantly, he was the founding managing director of TerraCom (ASX:TER) Limited, which operated in Mongolia and in coal.
Focused on Ovoot
Aspire is focused upon permitting, engineering and financing the Ovoot Coking Coal Project with intention to mine by open pit coking coal, truck this to a company-owned terminal facility in Erdenet and then deliver to customers in China and Russia via the existing Mongolian rail network.
READ: Aspire Mining progresses regulatory approvals for Ovoot Coking Coal Project