Nov 29 (Reuters) - Accent Resources NL ACS.AX :
* Acs acquires substantial holding in mzi resorces ACS.AX
* Expected to be a significant producer of leuxocene and zircon with an initial production target of 96ktpa
* Mzi resources is in the process of finalising a $43M capital raising
* Acs has acquired 10m shares of mzi at an issue price of 40 cents for a total consideration of $4.0 million
* Project has a 30 year mine life and is expected to be a high margin long life project with significant expansion potential"
* Has been able to fund participation in mzi placement as a result of loan facility extended by xingang resources (hk) ltd
* Source text for Eikon ID:nASXcfVDfd