Tellus Holdings FY15 Company Update – Backed to Fully Develop Unique Infrastructure Assets

Tellus Holdings continues to make solid progress on the development of their globally recognized dual revenue geological waste disposal facilities, attracting strong interest from institutional investors in a current pre development funding round.

The company, who was recently granted Major Project Status recognition from the Northern Territory Government, is entering an exciting stage with 2015 set to deliver binding contractual agreements with commodity buyers, waste customers, and leading ECP and OM industrial partners.

Managing Director Duncan van der Merwe disclosed “We remain extremely excited by the support of new shareholders on our register and strong interest in our services from blue chip companies and leading government divisions”.

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ABOUT TELLUS HOLDINGS

Tellus Holdings Limited, a public unlisted company based in Australia, is developing a globally proven business model unique to the Asian region. The opportunity is driven by dual, high margin, revenue streams created in commodity sales and unique waste management services. Both operations benefit from multinational and government demand, and a regulatory environment advancing the take-up of Tellus’ services.

Tellus will mine high-grade salt and kaolin for export to Asian customers, and dispose of high value waste in the created voids, permanently disposing/isolating these materials from the biosphere and is viewed as world’s best practice. Similar high profile facilities can be observed across numerous locations in North America and Europe, where their services are in high demand by Governments and multinationals operating in the oil/gas, resources, chemical, waste and industrial sectors.

Tellus’ underground facilities will provide permanent isolation of waste, offering waste emitting companies removal of related liabilities from their balance sheets, and company directors’ relief from personal liabilities as officers of these companies, creating a unique offering in the current regional market.

Tellus boasts the only Class V intractable waste management team in Australia, a country recognized as the second largest emitter of hazardous waste in the world on a per
capita basis.

The recent Government award to Tellus of ‘Major Project Status’ is public recognition of the importance of this solution to regulators and community, and enhances the significant opportunities for Tellus and its stakeholders in both Australia and greater Asia.