The Commission said that it has carefully considered the development application and all submissions made to the Department for Planning and Environment and concluded that the project complies with all criteria concerning management of water, air, noise and radiation impacts, as well as transport and traffic impacts.
The approval will enable Australian Zirconia Limited – a wholly owned subsidiary of Alkane Resources – to proceed with applications for the Environmental Protection Licence and Mining Lease, as well to secure project financing and advance the DZP into a development phase.
Alkane Managing Director Ian Chalmers said the approval of the development application was a big milestone for the project and a great satisfaction for company employees and consultants, who put in many years of hard work and dedication to get to the project underway.
“We recognise there are a number of important steps before construction begins but we are delighted to achieve development consent for the Dubbo Zirconia Project, and are looking forward to taking the next steps towards establishing this globally significant operation,” Mr Chalmers said.
“This project will not only mean a transformation for Alkane, but it will have a significant impact on the region, creating some 300 jobs and strategically important resources exports for Australia.”
The DZP is a $1 billion project and – with an estimated mine life of 70+ years – represents one of Australia’s most valuable rare metal/rare earth project.
Located 25km south of Dubbo, DZP will produce zirconium, (hafnium), niobium, (tantalum), yttrium and light and heavy rare earths when it begins operations.