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Titanium Sands Secures Verbal Licence Approvals Amid Sri Lankan Regulatory Delays
8:08pm on Wednesday 22nd of January, 2025 AEDT
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Mining
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Titanium Sands Secures Verbal Licence Approvals Amid Sri Lankan Regulatory Delays
8:08pm on Wednesday 22nd of January, 2025 AEDT
Key Points
Retention applications for lapsed Orion Exploration Licences approved verbally by Sri Lankan authorities
Formal licence renewals delayed due to administrative and governmental transitions
Peripheral Exploration Licences renewal pending, with environmental sensitivity influencing prioritisation
Ongoing Environmental Impact Assessment (EIA) and Industrial Mining Licence (IML) processes expected to conclude in 2025
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