HIGHLIGHTS
NSL Management meet with Central Government Steel and Mines Minister and
key advisors to progress AP 14 approvals process through Delhi.
AP14 has been sponsored by the Government of India Prime Minister’s Office
through the Project Monitoring Group to remove implementation bottlenecks with
the project on a fast-track basis.
State Government Mining Lease approval already granted.
The AP14 project is a 290 acre property in Karimnagar, 200 km North East of
Hyderabad.
Average concentrate grade of 68.9% Fe, 3.0% SiO2 and 0.2% Al2O3
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with average
mass recoveries of 33.4%.
NSL Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held