CRP chatham rock phosphate limited

Ann: MINE: CRP: Chatham submits draft Environment

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    • Release Date: 30/04/13 17:39
    • Summary: MINE: CRP: Chatham submits draft Environmental Impact Assessment
    • Price Sensitive: No
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    CRP
    30/04/2013 15:39
    MINE
    
    REL: 1539 HRS Chatham Rock Phosphate Limited
    
    MINE: CRP: Chatham submits draft Environmental Impact Assessment
    
    30 April 2013
    
    CRP submits draft Environmental Impact Assessment
    
    Chatham Rock Phosphate today submitted a draft Environmental Impact
    Assessment to the Environmental Protection Authority.
    
    The EPA is a national-level independent environmental regulation, which has
    the ability to grant or decline marine consent applications.
    
    "This is a major milestone and the culmination of three years' work," Chief
    Executive Chris Castle said.
    
    The draft is being submitted to the EPA in anticipation of presenting a
    complete marine consent application in the next month. This will be in
    advance of when the new Exclusive Economic Zone environmental consenting
    regime comes into force.
    
    At this stage the EPA is working with CRP in pre-lodgement.  The official
    process doesn't start until the Act comes into force in June, when the
    regulations are promulgated.
    
    "We want to make sure we have prepared all of the information the EPA needs,
    under the terms of the EEZ Act, so we're working with them to check we've
    thought of everything. It is supported by a series of very comprehensive
    reports that we think has considered every conceivable aspect."
    
    CRP expects to be the first minerals company to have a marine consent
    application considered under the Exclusive Economic Zone and Continental
    Shelf (Environmental Effects) legislation.
    
    Mr Castle said a clear process is now in place so all interested parties can
    review the work CRP has done and satisfy themselves the project will meet the
    purposes of the Act.
    
    He said the information in the EIA would be publicly available once the final
    report is submitted.
    
    "Our application is close to finalisation and as soon as we are ready we will
    be submitting it so anyone with an interest can see the work we've done.  We
    expect to work through the submission and hearing process during the second
    half of 2013 with an aim to receiving approval by the end of this year."
    
    Mr Castle said the certainty of the earlier approval process will enable
    mining contract partner Royal Boskalis to be able to commit earlier to the
    significant capital investment required to develop the necessary equipment
    and fit out the mining ship.
    
    "We have done the work and we know this project stacks up technically,
    environmentally and financially.  We want to be able to show this in a public
    process so everyone can see we've done our homework."
    
    CRP's planned activities will be a discretionary activity, subject to
    scrutiny by the EPA and interested parties.
    
    Chris Castle - +64 21 55 81 85 or [email protected]
    End CA:00235671 For:CRP    Type:MINE       Time:2013-04-30 15:39:24
    				
 
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