Chatham Rock Phosphate Limited (TSE:NZP) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Chatham Rock Phosphate Limited has announced a significant progression in the permitting process for the Korella North Mine, with no objections received to their mining lease application ML100379. The lease covers an area near Phosphate Hill and includes provisions for access across local infrastructure, pending further approvals from Queensland Rail and Cloncurry Shire Council. The company is actively pursuing the necessary consents and will continue to update shareholders as the process unfolds.
For further insights into TSE:NZP stock, check out TipRanks’ Stock Analysis page.