Pellet plant developer gets more time from OIO
ASX-listed Foresta now has until July 2026 to acquire a lease on the Kawerau site.
Foresta wants to build a wood pellet plant on a 9.5ha site at Kawerau.
An ASX-listed company proposing to build a major wood pellet plant at Kawerau has been granted more time to start the project by the Overseas Investment Office.
In a statement to the ASX, Foresta Group Holdings said the OIO had extended the time conditions of its approval, allowing until July 8,
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