The Department of Conservation has filed an appeal against the decision to grant New Zealand King Salmon (NZKS) a consent for their Blue Endeavour application.
If changes are made to the conditions imposed, DoC has signalled that it would not oppose the granting of the consent.
NZKS and DoC, alongside other interested parties, will be heading into mediation in the New Year.
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The deal is subject to regulatory approvals and commercial conditions.
Every sector of the Australian share market has lost ground.
The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.
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