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

 


CRP completes another milestone

CRP completes another milestone – filing evidence and answering queries

Chatham Rock Phosphate has achieved another major milestone by completing and filing evidence from 31 expert witnesses and answers to 62 queries from the Environmental Protection Authority.

CRP has applied for a marine consent to mine rock phosphate from an area of the seabed on the Chatham Rise, in the Pacific Ocean 450 km from New Zealand and 250 km from the Chatham Islands. The area is within New Zealand’s Exclusive Economic Zone.

“It was a massive task and the quality of the work produced continues to demonstrate to the CRP board and management why this project is important for New Zealand – both economically and environmentally,” managing director Chris Castle said today.

The EPA's website now contains all of the evidence and answers to queries:

http://www.epa.govt.nz/EEZ/chatham_rock_phosphate/evidence/Pages/Applicants_evidence.aspx

http://www.epa.govt.nz/eez/EEZ000006/EEZ000006_Further_information_provided_by_CRP

Mr Castle said the quality and comprehensiveness of the evidence and the answers underscores the board’s confidence CRP has built the case to demonstrate to the decision-making committee this project should be approved.

“With every report and expert, we continue to demonstrate the environmental impacts are comparatively minor or can be readily managed and the benefits – both environmental and economic – are significant for New Zealand.”

The CRP team is now preparing for the start of hearings on 25 September, which includes caucusing or discussions between expert witnesses, in the week starting 15 September, to seek to identify areas of agreement and identify outstanding areas of contention. CRP is also planning the order of its witnesses given some are travelling from Europe and the United States, and to accommodate the timing of hearings in the Chatham Islands in the week starting 6 October. At this stage CRP anticipates hearings will last around 6 weeks.


ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Fruitful Endeavours: Kiwifruit Exports Reach Record Levels

In June 2016, kiwifruit exports rose $105 million (47 percent) from June 2015 to reach $331 million, Statistics New Zealand said today. Overall, goods exports rose $109 million (2.6 percent) in June 2016 (to $4.3 billion). More>>

ALSO:

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news