HIGHLIGHTS
- Steel plant Joint Venture makes further progress with meetings in China progressing the pellet plant feasibility.
- Meetings conducted with several Design Institutes and Engineering Procurement
Construction companies.
- Focus of meetings to progress pellet plant feasibility through design, engineering, procurement and construction costings and scheduling.
- Pellet plant prefeasibility anticipated to be completed by year end.
- Chinese delegation confirmed to visit India during week of 7th November, with a
focus on the proposed steel and pellet plant locations, NSL’s operations and other critical Andhra Pradesh infrastructure opportunities.
- Government of Andhra Pradesh committed to host delegation in support of NSL’s business strategy.
NSL Consolidated Limited (Company, ASX:NSL, NSLO), is pleased to announce further significant progress on the Binding Joint Venture Agreement (JVA) for the establishment of a greenfield steel making plant in Andhra Pradesh (AP).
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