Rebuilding and Upgrading
We are pleased to announce that short-term financing has been arranged to acquire key equipment required to restore its plant, being a fit for-purpose solvent extractor with capacity to produce 16,000 tonnes per annum (“TPA”) of Leaf’s natural pine chemical products.
Work has begun dismantling the plant in New Zealand while the Apple Tree Creek site is being readied for the installation of the replacement equipment.
We’re in the process of arranging permanent funding for the payment of related transportation, installation costs and general working capital to bring the Apple Tree Creek plant back into operation.
For further details please refer to our latest ASX announcement: