VENTURE Minerals is a step closer to mining in the Tarkine.
Resources Minister Bryan Green has granted the company a mining lease for its Riley iron ore project, near Tullah.
The company still requires environmental approval before mining of the lease can start.
That is a condition of the mining lease.
The news follows federal approval of Shree Minerals’ Nelson Bay River iron ore project at Circular Head during the week.
Both projects are opposed by environmentalists.
Resources Minister Bryan Green has granted the Venture Minerals a mining lease for its Riley iron ore project, near Tullah.
Tasmanian Minerals Council CEO Terry Long said the Venture lease was an important step towards making the mine a reality.
“The company wants to spend some $7 million dollars on preparatory works and to be shipping iron ore to the international markets by mid next year.”
He said the mine was underpinned by a 700-page environmental case which was with the state Environment Protection Authority.
The mine would require federal government approvals.
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