Image Resources NL (ASX: IMA) has received the final approvals to commence construction at its 100%-owned Atlas mineral sands project, located 170km north of Perth in the North Perth Basin. On 6 August 2024, the company secured final approval under the EPBC Act and received the Offset Environmental Management Plan and Banksia Woodlands Rehabilitation Environmental Management Plan approvals from the EPA.
The only remaining approval is the Groundwater Operating Strategy (GOS), which is required for DWER’s water abstraction and my dewatering licenses. Significantly, this does not delay construction, which is set to begin the week of 12 August 2024. Early construction works are over 50% complete, and equipment mobilization is underway. Managing Director Patrick Mutz expressed confidence in the streamlined construction process.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.