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Trans-Tasman Resources, the privately owned company that had an application to mine iron sands of New Zealand’s north island rejected by the Environmental Protection Agency, has now applied for a prospecting permit off the west coast of the South Island.
The application to New Zealand Petroleum and Minerals is for a 4,436km permit extending from Ross to north of Karamea, from 1km offshore out to the 12 nautical mile territorial limit.
Wind projects struggle as cost spiral, while demand for coal grows.
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