Manuka Resources Limited (ASX: $MKR) has announced the withdrawal of Trans-Tasman Resources Limited's application for seabed mining consent in New Zealand. Trans-Tasman Resources, a wholly owned subsidiary of Manuka Resources, holds a drill defined vanadium resource located in New Zealand's South Taranaki Bight, with a granted mining license in 2014 and EPA environmental consents approved in 2017.
We have decided to withdraw the application for seabed mining consent reconsideration by the Decision Making Committee in New Zealand. We will keep the regional community and stakeholders informed once the next steps for this project are finalized.
Manuka Resources (ASX: $MKR) has announced the withdrawal of Trans-Tasman Resources Limited's application for seabed mining consent in New Zealand. The company holds a drill defined vanadium resource located in New Zealand's South Taranaki Bight, with a granted mining license in 2014 and EPA environmental consents approved in 2017. The withdrawal indicates a shift in the company's strategic focus, and stakeholders can expect further updates on the project's next steps. Manuka Resources remains committed to keeping the regional community and all stakeholders informed as the project progresses.