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Manuka Resources’ Taranaki VTM Project Advances in NZ Fast-Track Approval

2:23am on Monday 2nd of June, 2025 AEST Mining
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Manuka Resources’ Taranaki VTM Project Advances in NZ Fast-Track Approval

2:23am on Monday 2nd of June, 2025 AEST
Key Points
  • Taranaki VTM Project application accepted as complete by NZ Environmental Protection Authority
  • Project targets offshore mining of iron sands rich in iron ore, vanadium, and titanium
  • Pre-feasibility study forecasts US$312 million average annual EBITDA over 20 years
  • Projected creation of over 1,100 regional jobs and NZD$850 million in export earnings
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