HOUSTON (ICIS)--Australian fertilizer developer Rum Jungle Resources said on Thursday it has been notified by the Northern Territory Environmental Protection Agency that it will be required to conduct an environmental impact statement for its Ammaroo Phosphate Project.
Officials said that the requirement was expected and that once the definitions are made by the agency, likely within the next 60 days, it will commence work on the study for the project site, which is located in the Northern Territory.
Darwin-based Rum Jungle expects that final investment decision will be made on the project by mid-2015.
The company said that as previously announced the pre-feasibility study for Ammaroo should have a final draft version for approval by mid-August with a final report still expected to the company’s board of directors by mid-September.
It said discussions with potential gas suppliers for the project as well as port officials and rail transportation providers are continuing.
In an update on its Karinga Lakes Potash site the company now anticipates finalising the scoping study by late September and that the work programme planned for the balance of 2014 has been submitted to the relevant government agencies and is awaiting approval.
The Karinga Lakes Potash includes six granted licences and one application at the site which is located between Alice Springs and Uluru.
The company has been focused on investigating the subsurface potassium and magnesium brines in the dry playa lakes, which could be used for the production of various fertilizer minerals. Karinga Lakes brine potash resources are estimated at around 8.4m tonnes.