Morien Files Lazy Head Project Description

Morien Resources submits Lazy Head Aggregate Project to Canadian regulatory review.

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Morien Files Lazy Head Project Description

Morien Resources submits Lazy Head Aggregate Project to Canadian regulatory review.

In brief

Morien Resources submits Lazy Head Aggregate Project to Canadian regulatory review. Morien Resources Corp. filed the Lazy Head Marine Terminal's initial project description with Canada's Impact Assessment Agency, starting federal environmental review for the 85-year aggregate project. Originally reported by…

Morien Files Project Description

Morien Resources Corp. submitted the Lazy Head Marine Terminal's initial project description to Canada's Impact Assessment Agency.

Project Details

The marine export component of the Lazy Head Aggregate Project requires 18 to 24 months of construction before first shipments.

Regulatory Process

IAAC will post the IPD summary on the Canadian Impact Assessment Registry and invite public and Indigenous group comments.

Provincial Review

A Nova Scotia Environmental Assessment Registration Document will be filed shortly for the project.

Partnership Terms

Carver provides capital, U.S. port network and operating expertise while Morien handles permitting with cost reimbursement.

Permitting Reform

Federal Bill C-39 aims to shorten approval timelines for major projects to one year per project.

The main idea

Morien Resources Corp. filed the Lazy Head Marine Terminal's initial project description with Canada's Impact Assessment Agency, starting federal environmental review for the 85-year aggregate project.

Read the original on Financialpost

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