HIGHLIGHTS
- Final equipment has arrived on site from port according to the Company’s desired schedule post last shipment arrival in India.
- Company successful in the purchase, fabrication, shipping, port/customs clearance and land transport of the wet beneficiation equipment from China to site on time and on budget.
- Phase Two wet beneficiation plant on schedule for September 2016 commissioning and Q4 2016 positive cash flow.
NSL Consolidated Limited (Company, ASX:NSL, NSLO), is pleased to provide an update on its Phase Two wet beneficiation plant program. As announced on 21 March 2016, the Company entered into a ground-breaking equipment supply agreement with Shandong Huate Magnet Technology Co. Ltd or Huate Magnetism (Huate), one of China’s premier global beneficiation plant suppliers (refer http://www.chinahuate.com/).
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