9 November 2016
For Immediate Release
Trans-Tasman Resources Statement on Environment Court Decision
A Trans-Tasman Resources spokesperson said today:
“The decision of the Court has clarified issues around disclosure of sensitive data for all parties, including Trans-Tasman Resources.”
“We respect the decision by the Court and will release the technical information and third party economic data as directed. Given TTR’s commercial responsibilities we are confident that we have taken all reasonable steps in order to fulfil our duties to our shareholders and commercial partners with regards to the protection and safeguarding of confidential information and intellectual property assets.”
“TTR remains hopeful that KASM, Ngati Ruanui, Talleys and their members and associates will now be thoroughly equipped, as they so forcibly asserted in the hearing, to provide an informed, qualified science based assessment of the calibrations and source term inputs into the NIWA plume models.
“TTR looks forward to the robust and direct examination of these assessments, analysis and reviews at the marine consent hearing commencing early next year. We are happy to be putting this procedural issue to one side to concentrate on our preparation for the hearing.”
Further information about TTR, its business plans and the South Taranaki Bight iron sands project is available in a video on our website (www.ttrl.co.nz).
For media enquiries please call 021 0279 7804
Friday 16 September 2016
For immediate release
Trans-Tasman Resources welcomes acceptance of EPA marine consent application to extract iron sands off Taranaki coast
Trans-Tasman Resources (TTR) has welcomed the acceptance of its application for a South Taranaki iron ore project by the Environmental Protection Agency (EPA), which will be publicly notified shortly.
Due to misinformation beginning to appear in the public domain, TTR is offering to individually brief critics to correct these inaccuracies and misrepresentations.
TTR Executive Chairman, New Zealander Alan Eggers said:
“It is unfortunate that some people have misrepresented aspects of the proposal despite having previously been provided with detailed factual material. The project area is actually a largely featureless area of naturally shifting sands and sediments colonised by hardy species of common forms of marine life of no unique or special ecological significance.
“TTR has completed a comprehensive programme of science and engineering work to update and refine the environmental assessments of our application and how it can be successfully undertaken. We are confident our programme addresses all the 2 previous DMC’s concerns and issues raised by stakeholders, interest groups and the community during our consultation process.
“We have undertaken extensive engagement and consultation with a wide range of stakeholders, regulators and interest groups, as well as the EPA, to complete our application, which includes an Environmental Impact Assessment, Management Plan, Operating Conditions and the future environmental Monitoring Regime.”
The project is now being supported by many in the Taranaki region. “This project will add to the diversification of the economic activity in the Taranaki and Whanganui regions, and contribute to government income through additional taxes and royalties and New Zealand export earnings of over $300 million a year. We have no interest in doing something that makes no sense for the community and New Zealand.
“We are part of the community and we want to see everyone benefit from the opportunities that come from a considered and smart project that has sustainable economic, environmental and social outcomes,” said Mr Eggers.
For media enquiries please call 021 0279 7804.
Trans-Tasman Resources lodges EPA marine consent application to extract iron sands off South Taranaki coast
Trans-Tasman Resources (TTR) has today lodged a Marine Consent application with the Environmental Protection Authority (EPA) for our proposed South Taranaki Bight (STB) iron sands mining project.
The application covers an area of 65.76 km2, between 22 and 36 kilometres off the west coastline of South Taranaki within New Zealand’s Exclusive Economic Zone.
The proposed recovery and export of titaniferous iron sand will be a sustainable world-leading, marine-based development that can be delivered and operated with minimal environmental impact.
The application follows TTR’s original application which was declined by a Decision Making Committee (DMC) appointed by the EPA in 2014.
“Since then TTR has undertaken a comprehensive program of additional science and engineering work to update and refine the environmental assessments of its application and how it can be successfully undertaken,” said TTR’s Executive Chairman Alan Eggers. “We are confident this program addresses all the previous DMC’s concerns.
“We have undertaken extensive engagement and consultation with a wide range of stakeholders, regulators and interest groups, as well as the EPA, to complete our application that includes an Environmental Impact Assessment, Management Plan, Operating Conditions and the future environmental Monitoring Regime.”
TTR plan to extract up to 50 million tonnes of iron sand each year, separating titaniferous ore from the sediment on a processing vessel and returning approximately 90 per cent of the sand to the sea bed in a controlled process into previously mined areas. The seafloor in the area to be dredged is situated within a vast expanse of sand, experiencing significant wave and tidal action with no significant marine features.
“We have also addressed concerns and questions on the STB project including its commercial impacts and economic benefits locally, regionally and for New Zealand.”
The total economic impact of the STB iron sands project are estimated to be:
• At the local level, to generate an additional $45 million in expenditure, generating $20 million in GDP and directly supporting 300 jobs;
• At the regional level, to generate an additional $110 million in expenditure, generating $50 million in GDP and supporting 700 jobs; and
• At a national level, to generate an additional $350 million in expenditure, generate $160 million in GDP and support 1,650 new jobs.
The project would add to the diversification of the economic activity in the Taranaki and Whanganui region and contribute to government income through additional taxes and royalties and New Zealand export earnings of around $300 million a year.
“As a majority owned and registered New Zealand company we are passionate about developments that provide opportunities for investment in world class, best practice and sustainable developments that deliver positive economic, environmental and social outcomes for New Zealand,” said Mr Eggers.
Alan J Eggers
Trans-Tasman Resources Limited
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