NSL Consolidated: Indian Iron Ore Beneficiation Plant on Track

NSL Consolidated: Indian Iron Ore Beneficiation Plant on Track

ID: 123259

(firmenpresse) -
NSL Consolidated: Indian Iron Ore Beneficiation Plant on Track

HIGHLIGHTS

On target for first sales by end 1st half 2012

All main equipment erected

Staged commissioning in progress
___________________________________________________________________

The Kurnool iron ore beneficiation plant being built in the southeast of India by Perth’s dual bulk commodity developer, NSL Consolidated Ltd (NSL or Company) remains on track.

As of this week, all main plant items for Phase one of the Kurnool operations have been erected and commissioning on individual equipment components is in progress.

Mangal mine start-up has commenced in preparation to produce the first mainstream ore deliveries for sustained plant feedstock once commissioning moves to steady state production. In addition, the process of transferring Mangal stockpiles to the stockyard for use as beneficiation plant feedstock has commenced.

The Company is aiming at a Phase one initial steady production rate of 200,000 beneficiated tonnes per year and remains on track for sales revenue from Kurnool in the 1H 2012.

Phase one comprises a conventional crushing, screening and dry separation plant. NSL is also well progressed with the Phase 2 wet beneficiation plant process (capacity of 200,000 tonnes per annum), to be brought into operation later in the year.

Work continues to determine the potential to increase the Kurnool stockyard production rate over and above the targeted rate of 200,000 tonnes per annum with the incorporation of phase one & two production.

The Kurnool stockyard is a 12 acre industrial site within the south-eastern Indian state of Andhra Pradesh. As well as the Mangal mine, the plant is also adjacent NSL’s existing Kuja iron mine.

NSL is the only foreign company to own and operate iron ore mines in India. This first mover position was reinforced this week with the Rio Tinto announcement to invest $2Billion into India’s significant iron ore industry.





CONTACT:
Cedric GoodeKevin Skinner
NSL ConsolidatedField Public Relations
0400 408 477(08) 8234 9555 / 0414 822 631

To view the entire press release please follow the link:

http://www.irw-press.com/dokumente/NSL_090312_English.pdf

Unternehmensinformation / Kurzprofil:
Leseranfragen:


NSL Consolidated Ltd.

21 Teddington Road,
Burswood, Western Australia,
Australia, 6019



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Bereitgestellt von Benutzer: irw
Datum: 09.03.2012 - 11:53 Uhr
Sprache: Deutsch
News-ID 123259
Anzahl Zeichen: 2520

contact information:
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Wien



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