Caravel Minerals Limited (AU:CVV) has released an update.
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Caravel Minerals Limited has lodged its Environmental Review Document for the Caravel Copper Project, marking a key step in the development of a sustainable, long-life copper mine in Western Australia’s Wheatbelt. The project, designed with environmental and social considerations, aims to utilize renewable energy and has a projected operational life of over 25 years. It is set to produce copper and molybdenum for export and is strategically positioned in a region with settled Native Title agreements, offering a clear path to potential Ministerial approval by late 2025.
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