Nemaska Lithium Gets Positive Federal Environmental Assessment Decision for Whabouchi

Nemaska Lithium (TSXV:NMX) has received a positive federal environmental assessment decision for the Whabouchi Project in Quebec, the most significant permit for mining projects in Canada. This decision issued by the Canadian Minister of Environment allows Nemaska Lithium to pursue project financing discussions to start mine construction. A Provincial (Quebec) Government Certificate of Authorization is expected to be issued by the end of August 2015.
As quoted in the press release:

“The positive decision issued by the Canadian Minister of Environment, following comprehensive social and environmental review, reflects our commitment to build an environmentally and socially responsible mine site,” commented Simon Thibault, Director, Environmental and Social Responsibility for Nemaska Lithium. “The Crees and Jamesians have backed our project since its inception and we are delighted to see the Federal Government has approved our Project after careful consideration of community input.”
In compliance with the Canadian Environmental Assessment Act (CEAA 2012), an environmental assessment was completed for the Whabouchi Mine Project. The environmental assessment process was conducted under the responsibility of the Canadian Environmental Assessment Agency (the “Agency”). The Agency accounted for the general public’s comments, including the observations made by the Cree Nation of Nemaska, and those of the federal ministries. Nemaska Lithium tabled its Environmental Impact Statement in March 2013 and the Agency held public hearings in November 2013. Nemaska Lithium also provided the Agency with additional information over the course of 2014 to reflect the modifications to the mine site that were included in the Feasibility Study of June 2014. Following a comprehensive assessment of the Whabouchi Mine Project, the Canadian Minister of Environment decided that the project is not likely to cause any significant adverse environmental effects, and set out in her decision statement the conditions relative to the mitigation measures and monitoring program to be respected by Nemaska Lithium.

Click here for the full Nemaska Lithium (TSXV:NMX) press release.
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