Government Approves Syerston Development Consent Modification

Sam Riggall, Managing Director, today announced that the NSW Government Department of Planning and Environment has approved Clean TeQ’s application to modify the Development Consent for the Syerston Nickel/Cobalt Scandium Project in NSW.

The Development Consent is one of the primary instruments of authorisation issued by the NSW Government for the development of any mining project. A Development Consent requires an applicant to carry out the development generally in accordance with an approved Environmental Impact Statement (EIS) and the conditions of the Development Consent itself.
Syerston has already received approval of its EIS for the proposed operation to mine and process up to 2.5 million tonnes per annum of ore. The original Development Consent approval for the Syerston Nickel/Cobalt Project was granted by the Minister for Urban Affairs and Planning in May 2001. The current modification (Modification 3) was sought by the Company to include scandium oxide as a by-product of nickel and cobalt production.

The Development Consent confirms the approval for the Company to carry out mining operations at the mine for 21 years from the day upon which mining operations start in order to produce and transport up to 180 tonnes of scandium oxide and up to 40,000 tonnes of nickel and cobalt metal equivalents (as either sulphide or sulphate precipitate products) from the mine.
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