A diversified resources developer has been given the nod for a $73 million exotic metals project in the Top End.
The Northern Territory Environment Protection Authority (NT EPA) recently approved Core Lithium’s Finniss Lithium Project, 25km south of Darwin.
The NT EPA confirmed the proponent is capable of carrying out work at the project’s Grants lithium deposit in an “environmentally acceptable manner by implementing recommendations made in the assessment report”.
The project involves developing and operating an open-cut lithium mine and ancillary infrastructure on 217 hectares of the total 768 ha mineral lease 31726 on the Cox Peninsula, which is located on vacant crown land.
Ore will be mined and processed locally to produce lithium oxide concentrate for export use in lithium ion batteries designed for electric vehicles and energy storage.
Primero Group won contracts for engineering, procurement and construction as well as front-end engineering and design services. Qube Bulk won the preferred haulage and transport solutions tender while Lucas Total Contract Solutions picked up the mining services contract.
The mine has a proposed lifespan of between three and four years.
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Mine management plan on the way
Core Lithium will now submit a mining management plan to the NT Department of Primary Industry and Resources for assessment. All of the NT EPA’s recommendations will be incorporated into the plan, which is expected to be authorised in the September quarter.
“While there is potential for significant environmental impacts to develop over the life of the project, the NT EPA considers that there are acceptable solutions to manage such impacts and uncertainties should they arise during or post-mining,” NT EPA acting chairperson Janice van Reyk said in a public statement.
Click here to download the assessment report.