Sponsored

VRX Silica (ASX:VRX) gets approval for publication of Environmental Review Document for Arrowsmith North - Kalkine Media

June 09, 2023 10:17 AM AEST | By Ankit Sethi
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Highlights

  • The Department of Water and Environmental Regulation has given the clearance for publication and Public Environmental Review (PER)
  • The development marks a "significant milestone" in the Arrowsmith North Project's environmental approvals process, VRX highlights
  • PER and its response process would enable the preparation of an assessment report by the Environmental Protection Authority of Western Australia

VRX Silica Limited (ASX: VRX) -- an Australian listed pureplay silica sand company -- has announced about the publication (on 19 June 2023) and a 4-week Public Environmental Review (PER) of its Environmental Review Document pertaining to its Arrowsmith North Project (Proposal). Notably, this comes after the acceptance of the document by the Department of Water and Environmental Regulation.

According to VRX Silica, this development marks a "significant milestone" in the Arrowsmith North Project's environmental approvals process.

The development

The Department of Water and Environmental Regulation has accepted the company's Arrowsmith North Environmental Review Document for publication, with PER to follow the publication. The process of PER would be set in motion on 19 June 2023, with VRX Silica required to respond to all the comments received.

It is pertinent to note that the PER and its response process is the ultimate step ahead of preparation of an assessment report by the Environmental Protection Authority of Western Australia (WA). The report would include recommendations to the WA Environment Minister regarding approval of the Proposal. If this is achieved, the Minister can sign off on a Ministerial Statement, which is equal to approval. Environmental approval for the Project is a crucial element, VRX mentions, and it is linked to the company securing other requisite approvals for mining.

Source: Company update

Comments by Managing Director

Bruce Maluish of VRX Silica Limited lauded the latest development and commented that this is a "significant milestone". He said that the Environmental Review Document seeks approval for 30 years of mining, with the development area having the ability to support a project that can last up to twice this duration.

Background

The company has already received confirmation from the Commonwealth Department of Climate Change, Energy, the Environment and Water for an accredited assessment under the EPBC Act. Extensive environmental studies have been conducted by VRX on its silica sand projects since 2017, with the company initially focused on getting approvals for the development of Arrowsmith North.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

5 ASX Companies Leveraging AI to Drive Growth in 2024



We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.