Lake Wells EPA issues cleared

22nd January 2021 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

PERTH (miningweekly.com) – The Western Australian Minister for Environment has resolved an appeal against the Environmental Protection Authority’s (EPA’s) approval of ASX-listed Australian Potash’s Lake Wells sulphate of potash (SoP) project.

Australian Potash told shareholders on Friday that the Minister was satisfied that the EPA assessment was "appropriate and sufficient" to establish the risk posed to its social surrounds, and as such, had dismissed the appeal.

However, the Minister has suggested that one of the conditions recommended by the EPA in its recommendations be amended.

“We are pleased to advise shareholders of the resolution of the EPA report and recommendations appeal. We have been thorough and rigorous in ensuring relevant studies and consultation has occurred throughout the approvals pathway,” said CEO and MD Matt Shackelton.

“We look forward to the final Ministerial statement once the Minister has completed the consultation process.”

The A$208-million Lake Wells SoP project could deliver 150 000 t/y of SoP, based on the maiden reserve of 3.6-million tonnes, and would have a mine life of 30 years.