The Western Australian Environment Minister has approved Toro Energy’s flagship Wiluna uranium project after three years of community consultation, thorough environmental studies and rigorous government assessments. The project comprises two uranium deposits and is scheduled to annually process 1.3 million tonnes of ore to produce about 820 tonnes of uranium oxide concentrate, making it the most advanced uranium project in the state.

Toro has welcomed the minister’s decision to grant the project permission to proceed. The environmental impacts of the project have been assessed by both the state and Commonwealth governments, as well as the general public, since the project was first floated in 2009.

“This represents a true achievement by many people who have worked diligently to deliver a project that will provide benefits to the local community, as well as to Western Australia in an environmentally sustainable manner,” says Toro’s managing director Greg Hall.

Wiluna is 30km east of the township of the same name in central Western Australia. The project’s two shallow uranium deposits, Lake Way and Centipede, have been the subject of pre-feasibility and optimization studies. Once the company receives approval from the Federal Government and the required finance, construction is expected to start in 2013 with first sales in the 2014/15 financial year.

www.toroenergy.com.au

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