E-Commodities to secure mongolian coal supply through new alliance
E-Commodities Holdings Limited announced a voluntary cooperation agreement with Bridge Mining Pte. Ltd. on November 5, 2025. This alliance aims to establish integrated coal mining, logistics, and off-take services for Bridge Mining's "Terra Mine" in Mongolia, known for its high-quality coking coal. Operations are expected to commence on December 1, 2025, with a minimum monthly off-take supply volume of 100,000 tonnes of coal products.
The agreement is poised to secure a stable supply of high-quality Mongolian coal, expanding the company's business footprint in the Mongolian market and mitigating operational risks from supply fluctuations. This also enables the successful replication of the group's full-chain service model at Ceke Port, covering resource extraction, logistics, warehousing, washing, processing, and downstream sales.
This strategic partnership is expected to enhance the utilization of the group's supply chain assets, including mining equipment, logistics fleets, and coal washing plants, through consistent business volume. This, in turn, is anticipated to optimize costs and improve profitability, supporting the company's sustainable growth and its strategy to become a pivotal service provider connecting resource markets between China and Mongolia.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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