NSL Consolidated Limited (Company, ASX: NSL, NSLO) is pleased to advise that
Company operations at the Phase One dry plant continue to scale up as planned.
All required equipment was mobilised last week, with the plant commencing production
on Wednesday 26th August. Production has and will continue to grow daily to steady
state.
In addition, as announced earlier the Company has received a Purchase Order (PO) for
a specialised product that is relatively unique to NSL as a result of the ore geology and
beneficiation process at the Company’s operations. The specialised blend of iron, silica
and alumina is critical to the performance of the furnace and quality of the finished cast
iron. This product was despatched on Friday 28th August.
The Company continues the process to close out commercial discussions with existing
and additional customers in the near future for bulk scale purchase orders for both this
specialised product and +56% Fe for BMM Ispat.
NSL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
