Medallion Metals has successfully completed the public comment phase under the EPBC Act for its Ravensthorpe Gold Project, advancing a critical regulatory milestone with no objections received. The company aims to submit final documentation in October and expects a decision before year-end, paving the way for its sulphide development strategy.
- Public comment period under EPBC Act concluded with zero submissions
- Final documentation to be lodged in October 2025
- EPBC Act approval critical for sulphide mining and processing strategy
- Western Australian state permits progressing alongside
- Proposed Forrestania acquisition remains a key factor in development timeline
Permitting Progress Marks a Positive Step
Medallion Metals Ltd (ASX, MM8) has reached an important milestone in advancing its Ravensthorpe Gold Project (RGP) by successfully concluding the public comment period under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) assessment process. Notably, no submissions or objections were received during this 20-business day window, signaling a smooth regulatory pathway for the company’s sulphide development plans.
This development is significant as the EPBC Act approval represents the primary outstanding federal environmental clearance required before mining operations can proceed. Medallion plans to submit the finalised documentation to the Department of Climate Change, Energy, the Environment and Water (DCCEEW) in October 2025, with a formal decision anticipated before the end of the calendar year.
Strategic Implications for Sulphide Development
The Ravensthorpe Gold Project is central to Medallion’s sulphide production strategy, which involves extracting ore at Ravensthorpe and processing it at the nearby Forrestania site. The company’s progress on federal permitting complements ongoing efforts to secure state-level approvals in Western Australia, which are also advancing well.
However, the timeline for full project development remains contingent on the successful completion of the proposed Forrestania acquisition, announced earlier this year. This acquisition is expected to enhance processing capabilities and operational synergies but is subject to multiple conditions precedent and regulatory approvals.
Navigating Environmental and Regulatory Complexities
While the absence of public objections during the EPBC assessment is encouraging, Medallion remains mindful of the broader environmental compliance landscape. The company acknowledges that further secondary approvals under Western Australian legislation will be necessary, and that unforeseen environmental incidents or regulatory changes could impact project timelines or costs.
Medallion has reiterated its commitment to conducting operations responsibly and in compliance with all applicable laws, though it also cautions investors about the inherent risks associated with environmental approvals and mining activities.
Looking Ahead
With the EPBC Act approval process entering its final stages and state permitting advancing, Medallion Metals is positioning itself to move closer to operationalising its sulphide development strategy. The coming months will be critical as the company lodges final documentation and awaits regulatory decisions that will shape the project’s future trajectory.
Bottom Line?
Medallion’s permitting progress sets the stage for potential project development, but key approvals and acquisition conditions remain watchpoints.
Questions in the middle?
- Will the EPBC Act approval be granted within the expected timeframe?
- How will the proposed Forrestania acquisition impact the overall project schedule and costs?
- What are the potential risks from secondary state approvals or environmental incidents?