Fast-track consents: CRP's trading halt lifted after clarifying statements

Chris Bishop says would-be seabed miners seem to have "misunderstood" communications with them. (Image: NZME)

Fri, 12 Apr 2024

A trading halt on would-be seabed miner Chatham Rock Phosphate has been lifted after it clarified a statement about being “invited” to apply for a fast-track consent from the government.It is the second company with seabed mining aspirations to be pulled up for overegging its part in the new consenting regime, which streamlines the process, reduces public notification and gives wide powers to ministers to approve projects.The company’s bid to mine phosphate from the Chatham Rise seabed was stopped in 2015 when the Environmenta...

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