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Project development
Before exploration can start, operators need approvals from relevant government departments, beginning with applications for exploration permits. To receive such permits, project proponents must have several key requirements in place.
These include:
- Native Title and Aboriginal Heritage agreements
- a detailed drilling application
- an environmental management plan and
- a safety management plan.
Government departments use the plans as the basis for determining whether any additional conditions are required.
If approval is granted, the company will negotiate an agreement with any landowners based, in part, on fair compensation to the owner for any inconvenience.
The establishment of new projects is typically a five-stage process, over several years:
- Identification
- Evaluation
- Proof of concept
- Pilot testing
- Field development