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PERTH – South32 (OTC:) Limited (ASX / LSE / JSE: S32; ADR: SOUHI) has announced a favorable outcome for the Worsley Alumina mine life extension project (OTC:), following an environmental appeal process recommended by the Environment Agency Western Australia Authority (VA EPA). On Thursday, Western Australia’s environment minister backed the project with revised conditions, aligning with state greenhouse gas policy and federal regulations to avoid unnecessary duplication.
The Worsley mine development project, which aims to extend the life of Worsley Alumina’s operations, has previously faced challenges with proposed conditions that the company claimed would significantly impact operations. The terms are based on VA EPA’s evaluation and are recommended for approval, subject to certain conditions. Worsley Alumina appealed, which resulted in the Minister agreeing to adjust specific conditions based on information presented during the appeal process.
This development is significant for Worsley Alumina, as it ensures that greenhouse gas emissions will be regulated under the Commonwealth Government’s safeguard mechanism, eliminating redundant regulation at state level. Detailed evaluations of the other conditions mentioned in the Minister’s decision are underway.
State approval is expected later this month through a ministerial statement from the Western Australian Environment Minister, with federal approval expected in early 2025.
South32, a globally diversified mining and metals company, produces commodities essential to a low-carbon future, including bauxite, alumina and aluminium. The company’s operations include Australia, South Africa and South America, with a focus on the sustainable development of natural resources.
The Minister’s decision, including the Appeals Panel’s report, is publicly available on the Western Australian Government website. This update is based on a press release from South32 Limited.
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