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    potash investing

    Australian Potash Offers Environmental Approvals Update

    Georgia Williams
    Jun. 07, 2018 10:04AM PST
    Agriculture Investing

    As the name alludes Australian Potash is an Australian miner, specializing in potash exploration. In addition to the Lake Wells potash project, the company also has ongoing gold and base metal projects. 

    Australian Potash Limited (ASX:APC) has provided an update on the approvals process being followed under the definitive feasibility study into the development of the Lake Wells sulphate of potash project, located 160kms north-east of Laverton in Western Australia’s Eastern Goldfields.

    As the name alludes Australian Potash is an Australian miner, specializing in potash exploration. In addition to the Lake Wells potash project, the company also has ongoing gold and base metal projects.

    As quoted from the press release:

    Environmental Review Document The Environmental Protection Authority (EPA) determined in January 2018 that the LWPP development proposal will be assessed by way of an Environmental Review Document with no public consultation. APC’s environmental consultants have prepared a draft Environmental Scoping Document, which in consultation with the EPA will define the form, content, timing and procedure of the Environmental Review Document.

    The Environmental Review Document is targeted for completion and submission to the EPA H2 2018. The EPA’s final assessment report and recommendations are anticipated Q1 2019. It is further anticipated that these recommendations will then be provided to the Minister for consideration in Q1 2019.

    In general, the Environmental Review Document will address the following:

    • Project background and key characteristics;
    • An assessment of the preliminary key environmental factors (including flora and vegetation, terrestrial fauna, subterranean fauna, and hydrological processes), with specific requirements determined through the consultation process;
    • An assessment of other environmental factors or matters (inlands waters and social surroundings), with specific requirements determined through the consultation process; • Stakeholder consultation, and;
    • Decision making authorities.

    “The company’s approvals and permitting process remains firmly on track, with the finalization of two key areas of fieldwork over the past 2 months. APC’s environmental consultants, MBS Environmental, have significant experience working through the Western Australian regulatory framework, and more particularly with respect to project developments in the Yamarna region where the Lake Wells SOP project is located,” APC executive chairman Matt Shackleton said.

    Click here to read the full press release

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