- ZHCH Mining has signed a contract with Transgobi to transport coal from the Ukhaa Khudag coal mine at Tsogttsetsii soum, Umnugobi aimag, Mongolia to Tsagaan Khad, Mongolia.

ZHCH and Transgobi are now finalising the date on which operations will begin.

ZHCH is owned by Salins, part of Nova Mongolia Pte Ltd which is 70% owned by Nova Resources.

Transgobi is 100% owned by Energy Resources, a coking coal producer and exporter in Mongolia; which owns and operates the Ukhaa Khudag high-quality coking coal deposit located within the Tavan Tolgoi coal formation in the South Gobi province of Mongolia.

At 1:12pm: [LON:NOVA] share price was 0p at 8.5p

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