Giyani Metals, a battery metal development company, has secured the EA for its K.Hill battery-grade manganese project in Botswana.
The approval follows the completion of a comprehensive environmental impact assessment (EIA) process and allows the company to finalise its mining licence application.
The company noted that the EIA has been conducted in line with the Environmental Assessment Act of 2011 and other relevant regulations, culminating in the submission of an Environmental Impact Statement to the Botswana DEA in March 2023.
After a detailed review and public consultation, the DEA granted the EA, which is valid for 25 years with the option for renewal.
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The proposed Mining Licence area is designed to support the project’s needs throughout its projected 57-year operational lifespan, as outlined in the Preliminary Economic Assessment conducted in July 2023.
Giyani Metals president and CEO Danny Keating said: “Securing environmental approvals for mining projects can often take a number of years, so achieving this major milestone in such a short period of time is testament to the diligent approach adopted by the Giyani E&S team and the efficient and rigorous review undertaken by the DEA.
“Our experience to date validates Botswana’s global ranking as a top mining investment jurisdiction. Giyani’s pre-emptive decision to commit to the IFC Performance Standards, in addition to the high requirements of Botswana legislation, as part of this process not only aligns with our values as a company but ensures all workstreams and activities align with international lenders’ requirements for construction financing.
“We will continue to work closely with the Department of Mines with the aim of being granted the Mining Licence in the first half of 2024.”