TMK Energy announced cooperation and offtake agreement with Mongol Alt LLC

TMK Energy Limited (ASX: TMK) announced the signing of a collaboration agreement with Mongol Alt LLC, which expands the degree of cooperation between TMK and one of Mongolia's largest and most successful private company groups. The company has agreed to supply MAK with the water it will generate during the early phases of its Pilot Well Program's operation. It is advantageous to both parties since it eliminates the need for TMK to construct and run separate water storage and handling facilities and allows MAK to benefit from beneficial water reuse.

MAK has agreed to offer TMK access to its heavy machinery, support equipment, and employees, which will substantially aid TMK in the Pilot Well Program's construction operations, particularly the building of drill pads and associated facilities.

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