ZYL Limited (ASX: ZYL) is focused on developing anthracite coal projects in South Africa, and has the potential to transition to producer in 2013.
The company has already received non-binding expressions of interest for 1.7Mt of its Kangwane product - which is targeted at the export market.
ZYL Limited (ASX: ZYL) has been granted a voluntary suspension by the ASX pending an announcement by the company regarding an update of its 'resources and corporate events'.
ZYL said it expects the voluntary suspension to last until the earlier of the company releasing the announcement or the commencement of trade on Wednesday 23rd May.
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