https://www.miningweekly.com

Verdant gains enviro nod for NT phosphate project

19th October 2018

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – The Northern Territory’s Environment Protection Authority has approved ASX-listed Verdant Minerals’ environmental impact assessment (EIA) for its Ammaroo phosphate project.

MD Chris Tziolis said on Friday that the approval of the EIA was a major milestone for the company, providing Verdant with the regulatory baseline required to move Ammaroo towards a final mining authorisation, and the attainment of a statutory licence.

“This marks the end of the most rigorous part of the approval and permitting process. We will also now move on with the implementation and financing stage of the project, progressing towards a final investment decision.”

The project has already received federal approval under the Environmental Protection and Biodiveristy Conservation Act.

A feasibility study considered a Stage 1 development to produce one-million tonnes a year of phosphate rock concentrate, which would be replicated during year five, taking production to two-million tonnes a year of rock concentrate from year six until the end of the project’s 20-year mine life.

The Stage 1 development is expected to require a capital investment of A$368-million, while the Stage 2 development will require a further A$200-million investment.

Edited by Creamer Media Reporter

Comments

Latest News

Resources Watch
Resources Watch
17th April 2024

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.307 0.343s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: