Major Milestone Achieved on Coal Waste Pelletisation Plant
London, July 27, 2012 AEST (ABN Newswire) - The Directors of Worldwide Natural Resources plc (
PLUS:WNR), the PLUS listed waste-to-energy company, specialising in coal-fines pelletisation, is pleased to provide shareholders with the following business update:
The 50 tonne per hour coal waste pelletisation plant, which the Company purchased on 26 June 2012 has now arrived in Durban, South Africa, where it is being securely stored, awaiting final transportation to its production site in Newcastle, South Africa. The Company is currently seeking to raise further finance in order to transport and ultimately commission the Plant at its planned site, which is adjacent to the proposed supply of coal fines, where the Company has already secured a significant feedstock agreement.
Alexander Johnson, CEO of WNR, commented, "This development is a major milestone for WNR, as the Company moves towards the final stages before production. Over the past two years WNR has entirely focused its efforts to become a leader in the reduction of environmentally harmful coal waste in South Africa and we expect to announce the commencement of operations within the next few months."
The directors take responsibility for the contents of this announcement.
please visit http://www.wnrplc.com
Contact
Worldwide Natural Resources plc
Tel: +44 (0) 20 3411 6777
Alexander Johnson, Chief Executive
Cairn Financial Advisers (PLUS Adviser)
Tel: +44 (0) 20 7281 7771
Jo Turner / Liam Murray
Leander (Financial PR)
Tel: +44 (0) 20 3021 0003
Christian Taylor-Wilkinson
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