A dual Australian and Frankfurt-listed company focussed on bulk commodity development opportunities via iron ore production in India and thermal coal in Queensland.
The Company achieved the construction, commissioning and expansion of its Phase One Kurnool iron ore dry separation plant in the southeast Indian state of Andhra Pradesh, culminating in the material produced during the commissioning phase being sold ex mine gate into the domestic Indian market. NSL is the only foreign company to own and operate iron mines in India.
NSL Consolidated Limited (Company, ASX:NSL), wishes to update the market regarding the progress of the Company. As the market is aware the Company’s share price has come under considerable press…