Bathurst Resources' fast-track approval for Buller Plateaux and Rotowaro Mine projects

Bathurst Resources Limited (ASX:BRL) has announced that its projects, the Buller Plateaux Continuation Project and the Rotowaro Mine Continuation Project, have been accepted as projects of significant regional or national benefit in the proposed one-stop shop fast-track approvals legislation. The projects, in conjunction with its 65% owned JV company BT Mining Limited, will be able to make a full application to Environmental Protection Authority for assessment by an Expert Panel for a final decision under the proposed legislation.

Executive Commentary on Fast-track Approval

The Government's approval of the Buller Plateaux Continuation Project and the Rotowaro Mine Continuation Project under the proposed fast-track approvals legislation is a significant milestone for Bathurst Resources. These projects will not only secure existing infrastructure and mining operations but also provide substantial socio-economic benefits to the host communities and employees. We are pleased with this initial step and look forward to the smooth progression of the Bill through the Parliamentary process to enactment before the end of the year.

Summary of Bathurst Resources' Fast-track Approval

Bathurst Resources Limited (ASX:BRL) has successfully secured fast-track approval for its Buller Plateaux Continuation Project and the Rotowaro Mine Continuation Project. The projects, deemed of significant regional or national benefit, will now be processed in shorter statutory timeframes than under the existing New Zealand planning regime. This milestone not only ensures the continuation of mining operations but also maximizes socio-economic benefits to the communities and employees. With the Bill expected to progress smoothly through the Parliamentary process, Bathurst Resources looks forward to the enactment of the legislation before the end of the year, further solidifying its position as New Zealand's leading coal producer and largest specialist coal company.