Leaf Resources Limited (AU:FGH) has released an update.
Foresta Group Holdings has received the green light from New Zealand’s Overseas Investment Office to lease the Kawerau site, a move crucial for the company’s expansion as a global supplier of pine chemicals and biomass pellets. The approval is subject to conditions which must be fulfilled by 2028, and now with only project funding required to secure the site, the company is actively engaging with potential investors. This development is set to boost local employment and revolutionize the energy sector with sustainable practices.
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