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Manuka Resources (ASX: MKR) Subsidiary Lodges Fast-Track Application for Taranaki VTM Project

Wed 16 Apr 25, 01:24 AM | Team Kalkine

Image  source: Shutterstock

Highilghts

  • Fast-track application lodged with NZ Environmental Protection Authority for offshore project
  • Project targets recovery of vanadium, titanium, and iron from seabed mineral sands
  • Forecast annual EBITDA of US$312 million over an initial 20-year mine life

Manuka Resources Limited (ASX: MKR), through its wholly owned subsidiary Trans-Tasman Resources Limited (TTR), has lodged a fast-track consent application with the New Zealand Environmental Protection Authority (EPA) for its proposed Taranaki VTM Project.

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