Kangaroo Island Plantation Timbers Ltd
Kangaroo Island Plantation Timbers Ltd (ASX:KPT) is listed on the Australian Securities Exchange.
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Kangaroo Island Plantation Timbers loads 300 cubic metres of pine logs at Kingscote wharf for customer in South Korea
Kangaroo Island Plantation Timbers Ltd (ASX:KPT) has hit a milestone in the harvest and marketing of its fire-damaged pine logs with 300 cubic metres loaded on a barge at Kingscote wharf to be shipped to a customer in South Korea.
The pine logs are being loaded aboard the Rocksea to be towed to Port Adelaide, where they will be containerised and shipped to South Korea.
Smith Bay export facility approval still primary objective
This is another step in harvesting and processing the pine logs, which now have a short shelf life due to the fire damage.
KPT managing director Keith Lamb acknowledged this was a milestone for the company in its harvest and marketing of the fire-impacted timber.
He, however, reiterated that this was a "proof of concept" start by the company and that the approval of the Smith Bay export facility was still KPT's primary objective.
Other Kangaroo Island Plantation Timbers Ltd news
- Kangaroo Island Plantation Timbers welcomes legal judgement relating to Smith Bay easements
2020-06-24 - Kangaroo Island Plantation Timbers committed to plantation forest industry with recovery underway
2020-04-09 - Kangaroo Island Plantation Timbers returns to trading with recovery plans progressing
2020-03-31 - Kangaroo Island Plantation Timbers receives first $10 million insurance payment
2020-02-11 - Kangaroo Island Plantation Timbers assessing damage from devastating fires
2020-01-08
