VRX Silica Receives Arrowsmith North Environmental Approvals

THE BOURSE WHISPERER: VRX Silica (ASX: VRX) has had the Environmental Review Document (ERD) for the company’s Arrowsmith North silica sand project in Western Australia accepted by the Department of Water and Environmental Regulation (DWER) for publication.

The document will now be subject to a four-week Public Environmental Review (PER), commencing on 19 June 2023 that includes a requirement for VRX to respond to all comments received.

The company explained this PER and response process is the final step before the Environmental Protection Authority of Western Australia (EPA) prepares an assessment report including recommendations to the WA Environment Minister on whether the proposal should be approved.

“We are delighted that the environmental approvals process has moved to this next important stage,” VRX Silica managing director Bruce Maluish said in the company’s ASX announcement.

“This is a significant milestone for the process.

“VRX has proposed a unique method for rehabilitation of the mined area that provides for the best possible outcome for regeneration of native vegetation.

“The ERD seeks approval for 30 years of mining.

“The development area has the potential to underpin a project lasting up to 60 years (subject to further approvals), underscoring the enormous economic contribution that could flow to the Irwin Shire in particular and Western Australia more broadly.

“VRX has engaged fully and openly with regulators at every stage of the approvals process and appreciates the thoroughness of the process.

“We also thank shareholders for their patience as we have worked on securing the key approvals for Arrowsmith North.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE