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

 


CRP files Marine Consent application

CRP files Marine Consent application – starts six month decision process

Chatham Rock Phosphate yesterday submitted its formal marine consent application to the Environmental Protection Authority. Should it be accepted as complete, the six-month formal process is expected to lead to a decision in November.

The application, representing four years’ work and $25 million in investment, is the second seabed mining proposal under the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012, and will be considered through a full public process by an expert panel appointed by the Environmental Protection Authority (EPA).

The marine consent is the only major licence CRP now needs, having gained a mining permit for its phosphate extraction project in December 2013. CRP submitted a draft application to the EPA on 31 March 2014 and since then has been working with the EPA to address the EPA's preliminary comments on its application.

Managing Director Chris Castle said he was confident the application would meet the tough standard demanded by the law.

“Our focus has always been two-fold: base the analysis on science and consult with all interested parties to ensure their concerns are addressed through the process. Input from both stakeholders and scientists is critical to make sure all the bases are covered.

“The results of this analysis and consultation are that we understand what the environmental impacts are likely to be and we can clearly demonstrate how we can minimise and mitigate them. We know this project can deliver to its shareholders financially, and to other stakeholders in terms of environmental requirements.”

CRP’s phosphate resource, located on the seabed of the Chatham Rise, offers fertiliser security for New Zealand’s primary industry, has big export and import substitution potential, as well as environmental benefits as a direct application fertiliser, making it a project of national significance.

The main 400-plus page document comprising the Environmental Impact Assessment is supplemented by 35 appendices, mostly scientific reports. The information will be publicly available on the EPA website and via a link on www.rockphosphate.co.nz should the EPA accept the application as complete. All interested parties will then able to read the information, make submissions and attend public hearings during the next six months.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Budget Policy Statement: Spending Wins Over Tax Cuts; Big Ticket Items Get Boost

Income tax cuts are on hold as the government says “responding to the earthquakes and reducing debt are currently of higher priority”, although election year tax sweeteners remain possible. More>>

ALSO:

Fishy: Is Whitebaiting Sustainable?

The whitebait fry - considered a delicacy by many - are the juveniles of five species of galaxiid, four of which are considered threatened or declining. The SMC asked freshwater experts for their views on the sustainability of the whitebait fishery and whether we're doing enough to monitor the five species of galaxiid that make up whitebait. More>>

ALSO:

Crown Accounts: Smaller-Than-Expected Four-Month Deficit

The New Zealand government's accounts recorded a smaller-than-forecast deficit in the first four months of the fiscal year on a higher-than-expected inflow of corporate and goods and services tax. More>>

ALSO:

On For Christmas: KiwiRail Ferries Back In Full Operation After Quake

KiwiRail’s Interislander ferries are back in full operation for the first time since the Kaikoura earthquake, with the railspan that allows rail wagons to be loaded on the Aratere now restored. More>>

ALSO:

Comerce Commission Investigation: Prosecutions Over Steel Mesh Labelling

Steel & Tube Holdings, along with two other companies, will be prosecuted by the Commerce Commission following the regulator's investigation into seismic steel mesh, while Fletcher Building's steel division has been given a warning. More>>

ALSO:

Wine: 20% Of Marlborough Storage Tanks Damaged By Quake

An estimated 20 percent of wine storage tanks in the Marlborough region, the country’s largest wine producing area, have been damaged by the impact of the recent Kaikoura earthquake. More>>

ALSO:

ACC: Levy Recommendations For 2017 – 2019 Period

• For car owners, a 13% reduction in the average Motor Vehicle levy • For businesses, a 10% reduction in the average Work levy, and changes to workplace safety incentive products • For employees, due to an increase in claims volumes and costs, a 3% increase in the Earners’ levy. More>>

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news