Core Lithium progresses approvals process for BP33 underground mine

Core Lithium Ltds (ASX:CXO) application for an Environmental Impact Assessment (EIA) for the proposed BP33 underground lithium mine is being progressed by the Northern Territory Environment Protection Authority (EPA).

NT EPA has advised Core that the environmental impact assessment for the underground mine within the Finniss project will be via a supplementary environmental report (SER).

The EPA made the decision under newly introduced environmental protection regulations and after making a thorough and extensive study of the companys Environmental Impact Statement (EIS) of its proposed mine and processing facility.

Strengthening production capabilities

Cores managing director Stephen Biggins said: “The newly re-elected NT Government is to be congratulated on hitting the ground running and meeting timeframes scheduled in the recently implemented EIA process, as well as setting the standard for diligent and timely future assessment.

“Extending our plans beyond the open pit operations at Grants will only strengthen Cores production capabilities and enable it to become a long-term and successful contributor to the Northern Territorys economy.

“Were serious about extending our lithium production from BP33 because we know the global demand for lithium for electric vehicles and renewable energy storage is there and building. “

Job creating project

Northern Territory chief minister Michael Gunner said: “The Territory Labor Government takes environmental protection seriously – smart environment policy is smart economic policy.

“We are making the Territory Australias comeback capital, and this job-creating project can be a key part of that.”

Biggins said: “When you couple the Finniss Lithium Projects potential with opportunities to plug into efficient energy sources, its proximity to Darwin Port and the quality of the Darwin suburban workforce, its goinRead More – Source