Brief: L'sea Resources updates on construction contract

Greentech Technology International

21/06/2017 24:38

June 21 (Reuters) - L'sea Resources International Holdings 
 0195.HK  
    * Bluestone Mines Tasmania Joint Venture Pty Limited entered 
into engineering and construction agreement with Scope 
Engineering Services 
    * Agreement for installation of a new crushing and ore 
sorting facility at renison tin mine in Tasmania 
    * Total capital cost for project is estimated to be 
approximately AUD$14 million, of which 50% will be borne by 
YTPAH 
    * YT Parksong Australia Holding Pty Limited (YTPAH) owns 50% 
shareholdings in Bluestone Mines Tasmania Joint Venture 
    * YTPAH is an 82% indirectly owned subsidiary of company 
 
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