Home NewsAustralia Mining company TNG Limited scraps plans for Darwin Harbour processing facility

Mining company TNG Limited scraps plans for Darwin Harbour processing facility

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Mining firm TNG Restricted has ditched its plans to construct a mineral-processing facility on Darwin Harbour.

The choice follows considerations raised by environmental teams, a pearling firm and a public rebuke by the NT’s Atmosphere Safety Authority (NT EPA).

TNG Restricted introduced to the ASX on Thursday that it will now look to construct its magnetite-processing facility at its proposed Mount Peake mine website, about 200 kilometres north-west of Alice Springs.

The corporate’s preliminary proposal to construct the power at Center Arm attracted criticism over its proposed water utilization and the 12 gigalitres of wastewater it needed to pump into Darwin Harbour every 12 months.

TNG altered its proposal in April, incorporating a wastewater recycling plant that removed the need to discharge into the harbour.

Then, in Might, the NT EPA’s chairman Paul Vogel issued a uncommon public rebuke of the corporate, accusing TNG of publishing “incorrect and potentially misleading” statements to the ASX.

After the EPA issued new instructions to TNG, and requested for extra data, in response to TNG managing director and CEO Paul Burton, the corporate reviewed its earlier potential areas for its processing facility.

A view of the outback in the NT. There's shrubs, red dirt and and a ute in the foreground.
The location at Mount Peake the place TNG Restricted is now in search of to construct its magnetite processing facility.(

Provided: TNG Restricted

)

“Clearly, with the Darwin website, there have been some challenges and we listened to the neighborhood and to the NT EPA,” Mr Burton stated.

“As we have completed the evaluate now, the Mount Peake website stacks up extraordinarily effectively as a way more consolidated, optimised mixed mine benefication website and processing facility.”

The Mount Peake processing facility will use round 3,000 to 4,000 megalitres of water a 12 months in its operations, which might be drawn from native aquifers.

TNG additionally stated constructing the processing facility in its new location can be cheaper as a result of it will be exterior a cyclone zone and there can be a discount in strong waste and tailings disposal.

The corporate will now want to change its environmental affect evaluation with the EPA.

“A few of the work completed within the Darwin space will apply — it would not actually matter the place the plant is, the noise emissions are the identical, the air emissions are the identical — however there will probably be different areas the place the EPA will ask us to deal with, which we are going to,” Mr Burton stated.

“However we’re not beginning yet again.”

NT EPA chair Paul Vogel issued an announcement accompanying TNG’s announcement to the ASX.

“The NT EPA acknowledges TNG’s determination to totally combine the Mount Peake venture on the mine website and is trying ahead to working carefully with the corporate to resolve the environmental approval course of in an environment friendly and well timed method,” it stated.

Potential inexperienced hydrogen facility for Center Arm

TNG additionally introduced it’s working with a Malaysian firm to take a look at constructing a inexperienced hydrogen plant at its Center Arm website.

“The association now we have with this Malaysian group, AGV, is to provide hydrogen for the export market however we will even have the flexibility to provide it for the native market,” Mr Burton stated.

“We’ve not selected the precise measurement of the plant but. That can rely on the provision of land … however we anticipate to have off-take preparations through our Malaysian group with nations in Asia.

“We will even have a inexperienced hydrogen facility on the Mount Peake mine website, to make that as carbon-zero emissions as doable.”

TNG goals to begin development on its Mount Peake mine in early 2023.

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