Clean TeQ signs Voluntary Planning Agreement to fund $18m in local initiatives and infrastructure during Sunrise project

December 14, 2018

NSW Minerals Council member Clean Teq has signed a Voluntary Planning Agreement with Shire Councils of Lachlan, Forbes and Parkes, committing over $18 million to the community during its Sunrise project.

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MINE SITE: Arial photo of Clean TeQ Sunrise site near Fifield NSW. Source: Parkes Champion Post
 
 
The signing triggers an initial $400,000 investment under the VPA into the local region.
 
The Sunrise Project is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.
 
The project is expected to create hundreds of direct and indirect jobs in regional NSW through the construction and operations phase. 
 
The sustainable initiative uses CleanTeQ’s Clean-iX® technology, which was developed by the All Russian Research Institute of Chemical Technology (ARRICT) over 40 years.
 
Clean TeQ has developed this technology for a more environmentally-friendly and economical recovery of metals from ores and tailings, compared to conventional methods. 
 
Clean TeQ CEO, Sam Riggall addressed the project’s benefits, which will be felt across the entire region, both by employees of the mine but also by local businesses and the wider community.
 
“Clean TeQ Sunrise will generate significant opportunities for local communities through the creation of jobs, generating investment and flow-on spending across the region,” he said.
 
“Through the VPA we can contribute to the cost of maintaining these public facilities and see our communities grow.’ he said.
 
Upon Clean TeQ making an official decision to proceed with construction of the mine, further community contributions will be made annually in support of community and infrastructure enhancements in agreement with local Councils.
 

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