In an increasingly water scarce world, a refinery that recycles/re-uses as much liquid gold as possible is well placed - sustainability premium & all that. It also bodes well for siting of future TIVAN refineries if water consumption & waste water disposal quantities both go down
If they've put something to the NAIF, ie. application is in progress, then that is something but they haven't said that.
From April to December is a heck of a long time to sit on something that was then & is now so clearly a risk.
If you add waste water treatment, water recycling & thus water consumption reduction to the technology mix, then the refinery & all it's value add ons will be something.
That said, sentiment is important & management of this announcement is straight out of the what not to do book IMO.
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- Ann: Update on Darwin TIVAN Processing Facility
Ann: Update on Darwin TIVAN Processing Facility, page-26
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