2013/12/16
Environmental and Social Impact Analyses for Loading Terminal, Compaction Plant and Linear Infrastructure Approved by Republic of Congo for the Mengo Project

 

MagIndustries Corp. (TSX:MAA) (“Mag” or the “Company”) is pleased to announce that Environmental and Social Impact Analyses(“ESIA”) for a loading terminal, compaction plant and linear infrastructure for its proposed 1.2 mtpy Mengo Potash Project (the “Project”) have received final approval from the Ministry of Tourism and Environment of the Republic of Congo. 

 

Previously, in 2010, the Company had obtained ESIA approvals from Congolese authorities based on the design of a 600,000 tpy Mengo potash plant, with the potential to revise capacity to 1 mtpy.  The Company has since doubled the initial designed production capacity to 1.2 mtpy, reorganized aspects of the plant layout and planned a new transportation strategy, changes which are reflected in the revised and approved ESIA studies and the “Update of the NI 43-101 Technical Report for MagMineral's Mengo Permit Area, Kouilou Region, Republic of Congo” reported by press release and posted on SEDAR on November 14, 2013.