Chatham Rock Phosphate Limited (TSE:NZP) has released an update.
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Chatham Rock Phosphate Limited celebrates the New Zealand government’s approval of the Fast-track Approvals Bill, which paves the way for expediting significant development projects like the Chatham Rise Rock Phosphate Project. This legislative change is expected to boost international investor confidence in New Zealand by reducing permitting risks. The company plans to reapply for an environmental permit under the new streamlined process, aiming for funding from local investors or its Queensland operations.
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