trending Market Intelligence /marketintelligence/en/news-insights/trending/ieIcryqRvYuBSzYUWDH1jg2 content esgSubNav
In This List

Tertiary Minerals plans to appeal Storuman permit rejection


Japan M&A By the Numbers: Q4 2023


Infographic: The Big Picture 2024 – Energy Transition Outlook

Case Study

An Oil and Gas Company's Roadmap for Strategic Insights in a Quickly Evolving Regulatory Landscape


Essential IR Insights Newsletter Fall - 2023

Tertiary Minerals plans to appeal Storuman permit rejection

Tertiary Minerals PLC plans to lodge an appeal with the Swedish government against the Swedish Mining Inspectorate's decision to reject the company's exploitation permit for its Storuman fluorspar project.

The move comes after Tertiary's lawyers claimed that the inspectorate only took into account the County Administrative Board of Västerbotten's earlier recommendation and did not make a full assessment of the company's proposed measures to mitigate the environmental effects of Storuman's tailings storage facility to reindeer husbandry.

The company said Jan. 14 that the inspectorate made the decision despite acknowledging the mine's socioeconomic benefits to the municipality of Storuman and fluorspar's inclusion on the EU's list of critical materials.

Tertiary said the inspectorate also agreed with the board's recommendation that a supplementary Natura 2000 permit, a network of protected areas in Europe, is not required.

Apart from the appeal, Managing Director Richard Clemmey said Tertiary will assess future options available to the company.

The company had secured a 25-year permit for Storuman in February 2016, but the government returned the case to the inspectorate later that year for reassessment after it overturned the grant of another company's mine permit in southern Sweden.