Chatham Rock Phosphate (TSE:NZP) has released an update.
Chatham Rock Phosphate Limited has applied for its Chatham Rise project to be included in New Zealand’s Fast Track Consenting Bill, aiming to expedite the resource approval process. The new regime, part of a government coalition agreement, could significantly reduce the time and cost of securing permits for major projects. The company believes that inclusion in the fast-track process could lead to quicker, more cost-effective, and more predictable outcomes for their phosphate mining project.
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