Post by Kiwi Frontline on Apr 18, 2019 17:13:45 GMT 12
CHATHAM IWI MAY ACQUIRE STAKE IN SEAFLOOR PHOSPHATE PROJECT
Chatham Islands iwi groups may invest in a project to mine seafloor phosphates in the region if they can agree on a marine consent application for the project 450 kilometres east of Christchurch.
Developer Chatham Rock Phosphate has executed an information sharing and collaboration agreement with the asset holding company of Ngati Mutunga O Wharekauri. The pair have agreed to work together to develop an application that meets the environmental, economic, social and cultural objectives of both parties.....