New Zealand: CRP Files Marine Consent Application

Chatham Rock Phosphate yesterday submitted its formal marine consent application to the Environmental Protection Authority. Should it be accepted as complete, the six-month formal process is expected to lead to a decision in November.

The application, representing four years’ work and $25 million in investment, is the second seabed mining proposal under the Exclusive Economic Zone and Continental Shelf (Environmental Effects) Act 2012, and will be considered through a full public process by an expert panel appointed by the Environmental Protection Authority (EPA).

The marine consent is the only major licence CRP now needs, having gained a mining permit for its phosphate extraction project in December 2013. CRP submitted a draft application to the EPA on 31 March 2014 and since then has been working with the EPA to address the EPA’s preliminary comments on its application.

Managing Director Chris Castle said he was confident the application would meet the tough standard demanded by the law.

“Our focus has always been two-fold: base the analysis on science and consult with all interested parties to ensure their concerns are addressed through the process. Input from both stakeholders and scientists is critical to make sure all the bases are covered. The results of this analysis and consultation are that we understand what the environmental impacts are likely to be and we can clearly demonstrate how we can minimise and mitigate them. We know this project can deliver to its shareholders financially, and to other stakeholders in terms of environmental requirements,” he said.

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Press Release, May 15, 2014