A company seeking to mine iron sands off the West Coast will appeal a decision to decline its marine consent application for the project.
A decision making committee appointed by the Environmental Protection Agency last month rejected TTR's application, citing a lack of certainty around negative environmental impacts.
The company had applied for a consent to mine 66sq/km located between 22 and 36km offshore in the South Taranaki Bight, in what would be one of the first projects of its kind in New Zealand.
Up to 50 million tonnes of sand per year would be processed on ships to remove iron ore with about 45 million tonnes of waste sand returned to the seabed.
"We have now studied the decision in detail with the assistance of our advisors and experts, and are confident that there are strong grounds for a successful appeal," TTR chief executive Tim Crossley said last night.