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Tertiary Minerals pleased by Storuman permit re-assessment

The re-assessment will take into account the Norra Karr mine permit ruling

Picture of reindeer
Storuman's environmental study will cover all aspects of the surroundings

Tertiary Minerals plc (LON:TYM) has had its application for a mining permit at the Storuman fluorspar deposit referred to the Swedish Mining Inspectorate for re-assessment.

The re-assessment will take into account the Norra Karr mine permit ruling on the requirement for a wide-ranging environmental study.

Tertiary said that taking into account the new case law, the company believes that the re-assessment is the preferred route for the case at this stage in the process.

“The Environmental Impact Assessment (EIA) prepared by Tertiary, and selected Swedish consultants, provides a sufficient description of the expected environmental impact on the wider area based on the extensive and detailed baseline environmental studies and reindeer husbandry impact analysis completed by the company.”

Richard Clemmey, Tertiary’s managing director, added: “We are pleased to see progress is being made and are confident that the quality and extent of our EIA coupled with the expected continued support from key stakeholders in the project will provide support for a positive outcome for Tertiary in this process.”

Quick facts: Tertiary Minerals PLC

Price: 0.186 GBX

AIM:TYM
Market: AIM
Market Cap: £824.12 k
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