Ngarluma

Rio Tinto to invest in Pilbara desalination plant

Retrieved on: 
Thursday, June 1, 2023

Rio Tinto plans to invest $395 million1 in a seawater desalination plant in the Pilbara, Western Australia, to support future water supply for the company’s coastal operations and communities in the region.

Key Points: 
  • Rio Tinto plans to invest $395 million1 in a seawater desalination plant in the Pilbara, Western Australia, to support future water supply for the company’s coastal operations and communities in the region.
  • The proposed Dampier Seawater Desalination Plant, which remains subject to Commonwealth and State Government approvals, will be located within Rio Tinto’s existing iron ore port operations at Parker Point.
  • Rio Tinto Iron Ore Chief Executive Simon Trott said, “We know that water is a scarce resource, particularly in the Pilbara.
  • We are pleased that this desalination plant will help to secure future supply for Rio Tinto supplied communities in the West Pilbara as well as our coastal operations.”
    The planned $395 million spend on the plant is included in the Group’s Sustaining Capital expenditure2.

NOVO SIGNS TENEMENT-WIDE HERITAGE AGREEMENT WITH YINDJIBARNDI ABORIGINAL CORPORATION

Retrieved on: 
Wednesday, March 25, 2020

VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO; OTCQX: NSRPF) is pleased to advise that the Company has signed a heritage agreement (the Agreement) with the Yindjibarndi Aboriginal Corporation (YAC) covering 28 wholly-owned exploration tenements across 1,492 square kilometres of Yindjibarndi Country in Novos prospective Pilbara exploration region (please refer to Figure 1 for a map of the relevant area).The Agreement outlines processes by which Novo personnel and contractors, in consultation with the Yindjibarndi Heritage Manager, can evaluate heritage status of the landholding ahead of granting permission for ground-disturbing exploration activities to occur.The execution of the Agreement is expected to facilitate the process of granting further exploration license applications without undue delay.

Key Points: 
  • VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) -- Novo Resources Corp. (Novo or the Company) (TSX-V: NVO; OTCQX: NSRPF) is pleased to advise that the Company has signed a heritage agreement (the Agreement) with the Yindjibarndi Aboriginal Corporation (YAC) covering 28 wholly-owned exploration tenements across 1,492 square kilometres of Yindjibarndi Country in Novos prospective Pilbara exploration region (please refer to Figure 1 for a map of the relevant area).The Agreement outlines processes by which Novo personnel and contractors, in consultation with the Yindjibarndi Heritage Manager, can evaluate heritage status of the landholding ahead of granting permission for ground-disturbing exploration activities to occur.The execution of the Agreement is expected to facilitate the process of granting further exploration license applications without undue delay.
  • In the absence of such agreements, applications can often take up to 12 months to be granted whilst heritage agreements are negotiated.
  • This Agreement complements the Ngarluma Aboriginal Corporation heritage agreement executed in July 2018 (please see the Companys news release dated July 10, 2018 - https://www.novoresources.com/news-media/news/display/index.php?content_... ) and represents important progress in continuing to build upon the Companys positive relationships with Pilbara Aboriginal corporations and underpins the Companys ongoing exploration efforts across the West Pilbara.
  • In addition to the Companys primary focus, Novo seeks to leverage its internal geological expertise to deliver value-accretive opportunities to its shareholders.