Deep sea mining moved a step closer

Photo: Deep Green

Trans-Tasman Resources has received approval on its Marine Consent

Trans-Tasman Resources, an exploration company focused on the exploration and extraction of mineral sand deposits in New Zealand, has received approval on its Marine Consent to recover and export iron sands offshore in the South Taranaki Bight. (STB).

The approval has come from the Environmental Protection Agency (EPA) and represents a major step in the future of deep sea mining, as the decision is the first approval for a mining proposal in New Zealand’s extensive offshore Exclusive Economic Zone under the EEZ Act 2012.

The company had filed the application with the EPA in August 2016.

Commenting on the approval, Alan J Eggers said: “The grant of TTR’s Marine Consent is an important step for mining developments and investment in New Zealand resources and this consent will facilitate development of a new low impact sustainable export industry for the country.