Taranaki VTM

Project summary

Extract up to approximately 50 million tonnes of seabed material per year, over 20 years, recover up to approximately 5 million tonnes of vanadium-rich titanomagnetite concentrate, return the de-ored material to the seabed, and monitor environmental recovery for up to 5 years post-extraction.

Project location

65.76 square kilometres located between 22 kilometres and 36 kilometres from the coastline of South Taranaki.

Project listing application

Taranaki VTM application – Ministry for the Environment website