Australian strategic metals company TNG Limited (ASX: TNG) submitted the Environmental Impact Statement (EIS) for its TIVAN Processing Facility in Darwin.
The EIS for the Darwin TIVAN Processing Facility (DPF) is a major component of TNG’s Mount Peake Project and has been produced separately to the environmental approvals received for the Mount Peake Mine Site and Beneficiation Plant in early 2018.
In accordance with the NT EPA TOR, TNG has prepared the EIS in collaboration with the Company’s principal environmental consultant, Animal Plant Mineral Pty Ltd (APM) and has worked closely with the NT EPA to ensure compliance with the new EIS guideline structure.
TNG’s Managing Director and CEO, Paul Burton, said that the submission of the EIS signifies is likely to be the final milestone in obtaining environmental approval for the Mount Peake Project.
“The submission of the EIS represents a significant milestone for our development and permitting team,” Mr Burton said.
“It marks the final chapter in the multi-faceted environmental approval and permitting process that has been required for the Mount Peake Project and is a substantial step towards the broader development and operation of the Project.
“We have worked diligently with our consultants to compile a comprehensive document that addresses the full range of environmental, economic and social matters relating to our downstream processing operation.
“This is consistent with TNG’s overarching commitment to manage the construction, development and operation of the Mount Peake Project in a socially acceptable and environmentally responsible manner and to the highest possible standard.
With the recent submission of the Mine Management Plan for the Mount Peake Mine Site, and the submission of the EIS for the Darwin TIVAN Processing Facility, we have now significantly progressed the permitting process for the Mount Peake Project.”
The proposed location of the DPF is at the Middle Arm Industrial Precinct on the Darwin Harbour in the NT. The DPF will treat magnetite concentrate mined at the Mount Peake Mine Site after transport to Darwin by rail.
TNG has developed the innovative, world first processing technology, the TIVAN process, to commercially extract vanadium, titanium dioxide and iron from the magnetite concentrate, to produce high-value products for export to international customers.
