Taranaki VTM Continues to Progress Through Fast-track

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Stock Manuka Resources Ltd (MKR.ASX)
Release Time 30 May 2025, 9:37 a.m.
Price Sensitive Yes
 Taranaki VTM Project Continues to Progress Through Fast-track Approval Process
Key Points
  • Manuka's subsidiary Trans-Tasman Resources received confirmation from NZ EPA that its Taranaki VTM Project application has no competing applications
  • The application has now been passed to the Panel Convener for determination by an expert panel under the Fast-track Approvals Act 2024
  • The full Fast-track application is now available on the Fast-track website
Full Summary

Manuka Resources Limited has announced that its wholly owned subsidiary Trans-Tasman Resources ('TTR') has received confirmation from the New Zealand Environmental Protection Authority (EPA) that its application for the Taranaki VTM Project ('the Project') does not have a competing application and that any rights of appeal that relate to that application are now exhausted or have expired. The application has now been passed to the Panel Convener for a determination by an expert panel in accordance with the Fast-track Approvals Act 2024. MKR Director and TTR Executive Chairman Alan Eggers commented that the fact the project application did not encounter any competing applications or consents speaks to the quality of their process and documentation. The full Fast-track application is now available on the Fast-track website at https://www.fasttrack.govt.nz/projects/taranaki-vtm.