perth – South32 (OTC:) Limited (ASX/LSE/JSE: S32; ADR: SOUHY) has announced a positive outcome for its Worsley Alumina (OTC:) Mine Life Extension Project, following an appeal process relating to environmental conditions recommended by the Environmental Protection Society of Western Australia. Authority (WA EPA). On Thursday, Western Australia's Environment Minister endorsed the project with revised terms, in line with state greenhouse gas policy and federal regulations to avoid unnecessary duplication.
The Worsley mine development project, which aims to extend the life of Worsley Alumina operations, had previously faced challenges related to proposed conditions which the company said would significantly impact operations. The conditions were based on a WA EPA assessment and were recommended for approval, subject to certain conditions. Worsley Alumina lodged an appeal, which resulted in the Minister agreeing to amend certain conditions based on information provided during the appeal process.
This development is important for Worsley Alumina, as it ensures that greenhouse gas emissions are regulated in accordance with the Commonwealth State Safeguards Mechanism, eliminating redundant regulation at the state level. Detailed assessments of the other conditions mentioned in the Minister's decision are currently being conducted.
State approval is expected later this month through a ministerial statement from the Western Australian Environment Minister, and federal approval is expected in early 2025.
South32, a globally diversified mining and metals company, produces commodities for a low-carbon future, including bauxite, alumina and aluminium. The company's operations extend into Australia, South Africa and South America, with a focus on sustainable natural resource development.
The Minister's decision, including the Appeal Committee report, is available to the public on the Western Australian Government's website. This update is based on a press release issued by South32 Limited.
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