About Aspire Limited
Aspire Limited is a publicly listed company based in Perth (Australia) founded in 2006. Coal mining and exploration operations are managed by Aspire. It operates on a Direct-to-Consumer (D2C) model. Its chief executive, as recorded, is David Paull. Aspire Limited offers products and services including Ovoot Coking Coal. Its focus areas include Energy, Mining and Coal Mining.
Company details
Aspire Limited is involved in the development of world-class premium coking coal deposits in Mongolia. The company focuses on the Ovoot Coking Coal Project, which is wholly owned and recognized for its significant scale and high-quality product classified as premium fat coking coal. Operations are conducted with an emphasis on environmental sensitivity and community support, aiming to deliver shared prosperity and long-term value. Strategic proximity to end markets with supply constraints enhances the projects economic viability. Additionally, infrastructure development is prioritized to support local agricultural and tourism industries while creating employment opportunities for the broader economy.
- Headquarters Perth, Australia
- Stage Public
- SectorsNatural Resources
- Email••••••••
- Phone•••• ••••
- Website aspiremininglimited.com
- Social LinkedIn X
- Legal Name Aspire Mining Limited
- Net Profit-$13.31 M (USD)-297.19as on Dec 31, 2025
- EBITDA-$2.99 M (USD)-6.71as on Dec 31, 2025
- Latest Funding Round$1.88M (USD), Post-IPO
Nov 2019
- InvestorsSouthGobi
& 1 more
Products & Services of Aspire Limited
Aspire Limited offers a comprehensive portfolio of products and services, including Ovoot Coking Coal.
Premium fat coking coal is mined and supplied globally.
Funding Insights of Aspire Limited
- Total Rounds 12
- Last Round Post-IPO — $1.88M
- First Round $1.84M
(Jun 2008)
- Investors Count 2
Latest 10 of 12 funding rounds of Aspire Limited with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $1.88M | Post-IPO | – | – | |
| Sep 2019 | $22.83M | Post-IPO | – | – | |
| Dec 2018 | $15M | Post-IPO | – | – | – |
| Nov 2018 | $20M | Post-IPO | – | – | – |
| Aug 2016 | $2M | Debt – Conventional | – | – | – |
| Jun 2015 | $4.4M | Post-IPO | – | – | – |
| Oct 2011 | $32.67M | Post-IPO | – | – | |
| Jun 2010 | $3.76M | Post-IPO | – | – | – |
| Jun 2010 | $20.1M | Post-IPO | – | – | |
| May 2009 | $620,000 | Post-IPO | – | – | – |
2 investors in total: 1 institutional and 1 angel.
Investors in Aspire Limited
Aspire Limited has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include SouthGobi and Tserenpuntsag.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Integrated coal supply is provided by SouthGobi in Mongolia. | 2002 | southgobi.com | Ulaanbaatar, Mongolia | |
T Tserenpuntsag | unknown_9d4a775af21e4ec09 |
Investor details for Aspire Limited
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People of Aspire Limited
1 people are tracked at Aspire Limited (1 in leadership).
| Name | Role | Group |
|---|---|---|
David Paull | CEO | Leadership |
Complete people profiles for Aspire Limited
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IPO & Listings of Aspire Limited
Aspire Limited is a publicly listed company on the ASX with ticker symbol AKM in Australia, operating in the Energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date06 Feb 2007
- Listed onASX: AKM
- Listed entityASPIRE MINING LIMITED
- Exchange sectorEnergy minerals
- ISINAU000000AKM7
- Share price0.22 AUD · 2026-10-14
- Market capitalisation111,680,138.00 AUD
- EPS (diluted, trailing year)-0.02 AUD
- Volume (last session)130,255
Financials of Aspire Limited
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | -19.9M AUD | -4.5M AUD | |
| 2024 | 10.1M AUD | -4.2M AUD | |
| 2023 | -10.1M AUD | -3.6M AUD | |
| 2022 | 428,430 AUD | -2.2M AUD | |
| 2021 | -5.2M AUD | -2.2M AUD |
Detailed financial statements for Aspire Limited
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Aspire Limited
4 dated milestones of Aspire Limited across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Aspire Limited is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.8M.
- Funding Latest funding round, Post-IPO, of $1.9M.
Web traffic of Aspire Limited
Websites that share an audience with Aspire Limited (aspiremininglimited.com).
Websites whose visitors overlap most with Aspire Limited. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
asiaminer.com | asiaminer.com | 100% | – | ||
| saumyamining.com | 93% | View details | |||
| mining.com | 92% | 1.1M | #60,925 | View details | |
metorexgroup.com | metorexgroup.com | 91% | #13,790,392 | – | |
eia.gov | eia.gov | 54% | #41,551 | – |
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Related news about Aspire Limited
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Frequently Asked Questions about Aspire Limited
Aspire Limited was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Aspire Limited is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
David Paull is the CEO of Aspire Limited, as recorded in our data.
Aspire Limited is involved in the development of world-class premium coking coal deposits in Mongolia. The company focuses on the Ovoot Coking Coal Project, which is wholly owned and recognized for its significant scale and high-quality product classified as premium fat coking coal. Operations are conducted with an emphasis on environmental sensitivity and community support, aiming to deliver shared prosperity and long-term value. Strategic proximity to end markets with supply constraints enhances the projects economic viability. Additionally, infrastructure development is prioritized to support local agricultural and tourism industries while creating employment opportunities for the broader economy.
Aspire Limited offers Ovoot Coking Coal.
Yes, Aspire Limited is publicly traded on ASX under the ticker symbol AKM.
Aspire Limited has 2 investors. Key investors include SouthGobi, and Tserenpuntsag.
Aspire Limited operates through Aspire Limited.