Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


TTR welcomes submissions on marine consent application

TTR welcomes submissions on marine consent application

Submissions to the Environmental Protection Authority (EPA) on TTR’s South Taranaki Bight marine consent application to extract iron sands in the exclusive economic zone (EEZ) in the South Taranaki Bight closed on 28 January.

We thank all those who took the time to submit on our marine consent application. We as a company are reading and considering all of the submissions we have received.

Although we are still analysing submissions we note that submitters want to see a project that will bring benefits to the Taranaki community, and that their ability to enjoy the South Taranaki natural features will not be diminished.

Since its inception TTR has invested heavily in community consultation. We have communicated in good faith with a range of stakeholders in Taranaki. We will continue to listen to our stakeholders and share information in an open and transparent manner.

Our Board and Executive Management team remain committed to developing a project that delivers benefits to Taranaki and New Zealand as well as delivering a return to our shareholders. We would not progress this project if we were not confident that we could manage the associated effects and risks.

The Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012 and the EPA’s hearing and assessment processes provide a robust framework in order to assess our project on its merits and to involve public feedback. TTR respects this framework and will carefully listen and respond to the concerns of stakeholders.

About TTR:
TTR is a private New Zealand company, established in 2007 to explore and develop the North Island’s offshore iron sand deposits. TTR is headquartered in Wellington and is funded by New Zealand and international investment. Since inception TTR has spent more than $50 million to understand the resource, engineering, marketing, studying the existing physical and ecological environment and identifying potential impacts to develop an iron sands extraction project which balances economic development while protecting the environment.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics: Net Annual Migration Passes 71,000

A record 71,300 more migrants arrived in New Zealand than left in the January 2017 year, Statistics New Zealand said today. This surpassed the previous annual record set in December 2016. More>>

ALSO:

Fossils: Ancient Penguins Lived Alongside Dinosaurs?

Penguins are much older than previously thought and their evolution probably dates back to the days of the dinosaurs, according to research on the fossilised leg bone and toes of a giant ancient penguin found in rocks near Waipara, North Canterbury. More>>

No Voda/Sky: Commission Declines Clearance For Merger

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More>>

ALSO:

EARLIER:

Power: IEA Report On New Zealand's Energy System

Outside of its largely low-carbon power sector, managing the economy’s energy intensity and greenhouse gas emissions while still remaining competitive and growing remains a challenge. More>>

ALSO:

NASA: Seven Earth-Size Planets Around A Single Star

NASA's Spitzer Space Telescope has revealed the first known system of seven Earth-size planets around a single star. Three of these planets are firmly located in the habitable zone, the area around the parent star where a rocky planet is most likely to have liquid water. More>>

ALSO:

Auckland Transport Case: Men Guilty Of Corruption And Bribery Will Spend Time In Jail

Two men who were found guilty of corruption and bribery in a Serious Fraud Office (SFO) trial have been sentenced in the Auckland High Court today... The pair are guilty of corruption and bribery offences relating to more than $1 million of bribes which took place between 2005 and 2013 at Rodney District Council and Auckland Transport. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news