TNG Releases EIS for Mount Peake Project

TNG Ltd. (ASX:TNG) announced that the environmental impact statement (EIS) for its Northern Territory-based Mount Peake vanadium-titanium-iron project is now available for public comment. According to the company, that’s a “significant milestone” in the environmental approval process for the project.
As quoted in the press release:

The Mount Peake Project comprises a mine and processing facility to be located at Mount Peake, approximately 235km north-northwest of Alice Springs and 50km north-west of Ti Tree, and the Darwin TIVAN® Refinery, to be located at the Middle Arm Industrial Precinct some 16km to the south-east of Darwin.
Environmental approvals for the mine and refinery are being progressed separately, reflecting both their geographical separation (1,400 km) and the fact that significantly different environmental and social issues need to be addressed at the two locations.
The mine and refinery were referred to separately by the Northern Territory Environment Protection Authority (NT EPA), which determined that both required assessment under the Northern Territory Environmental Assessment Act 1982 (EA Act) at the level of Environmental Impact Statement (EIS).
The mine and refinery were also separately referred to by the Commonwealth Department of the Environment under the Environment Protection and Biodiversity Conservation Act 1999. Both were determined to be controlled actions with assessment by accredited assessment under the EA Act.

Click here to read the full TNG Ltd. (ASX:TNG) press release.