MRG HMS - Environment & Social Impact Assessment Lodged
| Stock | MRG Metals Ltd (MRQ.ASX) |
|---|---|
| Release Time | 24 Apr 2026, 9:05 a.m. |
| Price Sensitive | Yes |
MRG Metals Submits Environmental and Social Impact Assessment for Titanium Project
- Environmental and Social Impact Assessment (ESIA) completed and submitted to Mozambican authorities
- ESIA classified as Category A+, the highest environmental classification
- Completion of ESIA clears regulatory pathway for 2027 production target
MRG Metals Ltd (ASX: MRQ) has announced that its joint venture partner, Sinowin Lithium, has completed and submitted the full Environmental and Social Impact Assessment (ESIA) for the Corridor Central Titanium Dioxide project in Mozambique. The 242-page ESIA was prepared by MOZSHAQ Consultoria e Serviços on behalf of Sofala Mining and Exploration LDA, the joint venture entity established between Sinowin Lithium (70%) and MRG (30%). The ESIA was classified as Category A+, the highest environmental classification under Mozambican law, reflecting the scale and rigour of the assessment process. Completion of the full ESIA represents a significant step forward in the regulatory pathway toward production at the Corridor Central Titanium Dioxide project, which has a combined 2 billion tonne JORC-compliant resource across the Corridor Central and Corridor South areas. With the ESIA now complete, the Resettlement Action Plan (RAP) remains the key outstanding regulatory requirement prior to construction commencing, with completion targeted for June 2026. Together, these two milestones clear the regulatory pathway for the joint venture to proceed toward its 2027 production target, with a first-year target of 130,000-160,000 tpa of heavy mineral concentrate and a five-year ramp-up goal of 800,000 tpa.
The joint venture is targeting first-year production of 130,000-160,000 tpa of heavy mineral concentrate, with a five-year ramp-up goal of 800,000 tpa.
The Corridor Central Titanium Dioxide project has the potential to support a mine life of up to 50 years at increased processing rates, significantly exceeding the 26-year mine life modelled in MRG's 2022 Scoping Study.