Summary from the FACT BOX at the bottom of the article. The "conditions" seem standard and maybe of them were build into existing plans no doubt. Maybe that is more the ongoing monitoring element. Massive congrats to MT and team for the meticulous planning that tipped the scales in favour of a sensible outcome.
The Land and Environment Court has granted Talga AB the requested permit to extract graphite in part of the national interest Nunasvaara, which is located approximately 10 km west of Vittangi and approximately 50 km east of Kiruna. The permit includes an annual mining of 120,000 tons of graphite ore in open pits and, among other things, to build and operate the facilities needed for the business.
Talga AB has also received a so-called Natura 2000 permit regarding impact on the protected area Kalix and Torne river system. Dispensation from the species protection regulation for three larch species that may be affected in the area has also been granted. The permission has been combined with a total of 24 final conditions and one provisional condition. The conditions include necessary precautions and protective measures, e.g. regarding noise, blasting, reindeer husbandry, construction and finishing as well as compensation measures for loss of natural values. The determination of final conditions for releases to water of certain substances and emissions to air of dust has been postponed for a trial period.
The Land and Environment Court's partial judgment can be appealed within three weeks to the Land and Environment Court at the Svea Court of Appeal.
TLG Price at posting:
$1.62 Sentiment: Buy Disclosure: Held
(20min delay)