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Reward Minerals announce environmental approval for Lake Disappointment Potash Project

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World Fertilizer,

Reward Minerals Ltd has advised that the Australian government’s Department of Agriculture, Water and the Environment has granted environmental approval for the Lake Disappointment Potash Project under Part 9 of the Environmental Protection and Biodiversity Conservation Act 1999 (Cth) (EPBC Act).

The Commonwealth’s approval, which has effect until 31 August 2060, is another crucial step forward in the development of one of the world’s largest high-grade brine SOP deposits and comes after the project was granted Western Australia State environmental approval earlier in 2020.

The state and Commonwealth environmental assessment processes required over 4 years of engagement with regulators and weeks of public consultation, whilst comprehensive environmental impact studies commenced as early as 2012.

Lake Disappointment is the first SOP Project in Australia to be permitted under the dual exacting standards of a 6-week public environmental review process at state level and under Part 9 of the EPBC Act. The successful outcome speaks to the project’s long-life, low environmental impact.

CEO, Greg Cochran, commented “This is one of our most significant achievements to date for the project, which now has the major environmental approvals in place that will allow full production at the PFS level of 400 000 tpy of high quality, organically certifiable SOP for decades to come. My thanks go to our team of highly credentialed environmental consultants who helped to deliver this great result.”

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