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Jindalee Lithium (ASX:JLL) has seen its 100%-owned McDermitt Lithium Project officially designated as a “Transparency Project” under the U.S. Fixing America’s Surface Transportation Act.
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The designation puts McDermitt in the company of ten resource projects nationwide initially listed on the Federal Permitting Dashboard, boosting its visibility and access to federal and state government agencies.
The FAST-41 framework facilitates McDermitt benefiting from increased transparency, fast-tracking decision-making processes and slashing delays in permitting.
The project’s inclusion underscores its important role in bolstering the U.S. critical mineral supply chains and strengthening energy security.
The move aligns with the Trump Administration’s desire to accelerate domestic mineral production, supporting the objectives of the recent Executive Order aimed at increasing American mineral output.
This lines up with the company’s U.S. strategy, including a Cooperative Research and Development Agreement with the U.S. Department of Energy and an on-foot grant application to the U.S. Department of Defence for a feasibility study co-funding.
Jindalee CEO Ian Rodger says the designation consolidates McDermitt’s role in U.S. mineral security and accelerates the advancement of the project’s Exploration Plan of Operations.
The EPO is in the final stages of the National Environmental Policy Act review, with a recent environmental assessment published for public comment.
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After giving the project the green light, the EPO will then enable further exploration activities, including drilling and additional studies.
JIL has been selling at 25.5 cents a share in morning trades.
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