Construction Project – 8,000t Extraction Plant

Leaf completed construction of a 8,000 tonne per annum Natural Pine Chemical Extraction Plant at the Apple Tree Creek Site in the first quarter of 2021. Subsequently, management have been commissioning the plant and are targeting to have the plant operational at a 8,000 tpa run-rate by the end of June 2021.

Leaf had previously secured a supply contract of 15,000tpa of pine logs from HQ Plantations Pty Ltd and are currently in negotiations with various parties to increase supply to meet the company’s future requirements.