The Western Australian Environment Minister determined that the Environmental Protection Authority's (EPA) assessment and conclusion to implement South32's (ASX:S32) Worsley Alumina project, subject to conditions, is "reasonable," according to a Friday filing with the Australian bourse.
The Minister also agreed with the company's appeal committee recommendations to amend specific conditions in the EPA report for the project after Worsley Alumina raised concerns that several proposed conditions would pose significant operational challenges and exceed reasonable measures for managing environmental risks, the filing said.
The company said the Minister's determination is a "positive" outcome for the project, with state approval expected later this month and federal approval expected in early 2025.
South32's shares fell past 1% in recent Friday trade.
Price (AUD): $3.41, Change: $-0.04, Percent Change: -1.02%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。