Newly Established Coke Coal Mining Company Equity Stake For Sale in Khuvsgul, Mongolia
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Coke Coal Mining + 1 more |
| Locations | Khuvsgul |
| Local Time | 9:13 PM Asia / Ulaanbaatar |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
- A site of 48,000 hectares has been identified, with confirmed coal occurrences and plans to procure the estimated viable portion after exploration.
- The western portion of the site also shows promise for copper mining, diversifying potential revenue streams.
- The project requires initial investment to proceed with exploration activities.
- The business is led by a group currently engaged in the construction industry, leveraging their expertise for successful project execution.
- Drilling work is ongoing, which is essential for gathering more detailed geological data and assessing the site’s potential.
- The company operates through subcontractors for drilling operations, ensuring efficiency and expert oversight, guided by a geology exploration company.
- The business will monetize these proven mineral resources through direct sales, partnerships, and licensing, once the project moves past the exploration phase.
- An exploration license has been secured, affirming the business's legal ability to conduct mineral exploration in the designated area.
Potential products will be coal and copper, which will be extracted and sold to energy companies, industrial buyers, and commodity traders once the project moves beyond the exploration phase.
Intangible asset includes the exploration license.
No loans or external funds raised yet.