WA Minister for Environment Approves Toro's Wiluna Project
Adelaide, Oct 10, 2012 AEST (ABN Newswire) - Toro Energy Limited (
ASX:TOE) welcomes the Western Australian Minister for Environment's decision to approve the Wiluna Uranium Project. This is a very significant milestone in the government assessment process for the Project, and follows more than three years of extensive community consultation, the most thorough environmental and technical studies, and rigorous assessment by government agencies.
The Wiluna Uranium Project comprises two uranium resource deposits near Wiluna in WA, and is the most advanced uranium project in that State. The Project would process 1.3 million tonnes per annum of ore to produce approximately 820 tonnes of uranium oxide concentrate.
The environmental impacts of the Wiluna Uranium Project have been rigorously assessed by both Western Australian and the Commonwealth Government agencies and the public has had four opportunities for input to this process since it began in 2009.
"Toro welcomes Minister Marmion's decision to approve the first uranium mine since the change in uranium policy by the Western Australian Government in 2008. This represents a true achievement by many people who have worked diligently to deliver a project that will provide benefits to the local community, as well as to Western Australia, in an environmentally sustainable manner." Managing Director, Greg Hall, said today.
Toro now awaits the completion of the Federal Government's assessment of the Project.
Contact
Toro Energy Limited
T: +61-8-8132-5600
F: +61-8-8362-6655
WWW: www.toroenergy.com.au
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