Jan 21 (Reuters) - NSL Consolidated Ltd NSL.AX :
* Says offtake agreements already in place with India's Jsw Steel and bmm ispat for phase two product
* Says "commissioning expected to commence in Q2 2016"
* It has today issued a total of 11.8 million shares in the capital of the company
* Source text for Eikon ID:nASXbq4GRT