Northern Territory Minister for Primary Industry and Resources Ken Vowles
More Jobs On The Way As Another Mining Project Receives Approval
Victor P Taffa
Minister for Primary Industry and Resources, Ken Vowles, said he is closer to authorising a major mining project in the Territory after TNG’s world-class Mount Peake project received environmental approval from the Federal Government.
“TNG plans to mine vanadium, titanium and iron at the site 230 km north-west of Alice Springs.” Minister Vowles said.
“There has been exceptional demand for these strategic metals over the last 12 months, so the future looks bright for Mount Peake and Territorians, this project will create jobs not only on site, but also at a planned metal refinery TNG wants to open in Darwin.”
Earlier this year the Northern Territory Environment Protection Authority recommended the project proceed.
“Now TNG has received federal environmental approval they can move on to the next stages of the approval process.” Minister Vowles said.
TNG’s Managing Director Paul Burton said the receipt of federal environmental approval was a huge milestone for the Mount Peake project.
“This has brought it another important step closer to financing and development.” Mr. Burton said.