June 26 (Reuters) - NSL Consolidated Ltd NSL.AX :
* Binding agreement for joint development of greenfield steel NSL.AX
* Agreement has been executed with wei hua group co ltd
* Joint venture will be 50/50 with no funding required from NSL
* Signs binding agreement for the joint development of a greenfield steel
making plant in andhra pradesh, India
* Says NSL has the option to sell iron ore to the steel plant or into the local
market at market prices
* Source text for Eikon ID:nASXbG7lMV
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