Leaf Resources Limited (AU:FGH) has released an update.
Leaf Resources Limited has made significant strides in its operations, including the sale of a chipper to clear debt, the signing of a harvesting contract with Silvertree Biomass Solutions, a 30-year lease agreement for a manufacturing facility, and a long-term offtake purchase contract with AV Pound & Co. These developments underpin the company’s strategy to secure raw material supply and mark the commencement of its Stage 1A manufacturing plant in New Zealand. The company is also progressing with plans and permits, with detailed plant design work to commence soon.
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