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Agrimin Ltd (ASX:AMN) – which is in the process of developing the Mackay Potash project in Western Australia – has reached a significant milestone for the project, with the state government signing off on environmental approval.
Between 2014 and 2018, Agrimin conducted extensive heritage surveys of the site – which is located on (salt) Lake Mackay – before putting forward the development proposal a year later under the state’s Environmental Protection Act 1986, and the Commonwealth Environment Protection and Biodiversity Conservation Act 1999.
Once it was determined to be a ‘controlled action’ under the latter, the proposal was put forward for assessment under the Western Australian Environmental Protection Authority (or EPA) under an accredited process with the Commonwealth.
The environmental impact assessment completed by the EPA was extensive – involving public comment and public review periods – and with this completed, the EPA ruled that Mackay should proceed.
Managing director and CEO of Agrimin Debbie Morrow said it was significant that such an important project had reached this stage.
“We thank the Kiwirrkurra, Ngururrpa and Tjurabalan peoples for their enduring support and our strong partnership,” she said.
“The world-class Mackay Potash Project has exceptional environmental and social credentials and the potential to support sustainable food security for future generations.
“Agrimin recognises the extensive accredited assessment completed by the WA EPA through the Department of Water and Environmental Regulation and other subject matter experts.
“We thank the Department of Jobs, Tourism, Science and Innovation as our designated Lead Agent under the WA Government’s Lead Agency Framework for their support, and all involved in the assessment process for their disciplined approach and collaboration.”
At 14:17 AEDT, Agrimin shares were trading at 14.5 cents – a rise of 7.41% since the market opened.
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