ESG

Frydenberg shuts down Christmas Is plans

PHOSPHATE miner CI Resources has received a figurative lump of coal in its stocking from the Commonwealth government, with Environment Minister Josh Frydenberg refusing to approve plans to redrill several areas to assess potential resources on Christmas Island.

Resources exist to support production into the 2020s.

Resources exist to support production into the 2020s.

CI had been seeking to re-clear some 6.8 hectares of 5m wide historic drill lines, but Frydenberg said yesterday it was "likely to have significant and unacceptable impacts on matters protected under national...

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