TNG Limited

Major Project Status

Major Project Status

The Mount Peake Project has been awarded Major Project Status by the Australian Federal Government and the Northern Territory Government.

The Major Project Status formally recognises the significance of the Mount Peake Project to the Australian economy and assists in ensuring certainty of process for permitting and approvals required for the Project.

In order to be eligible for the Federal Major Project Status, a project has to comply with three criteria:

  1. The project is of strategic significance to Australia
  2. The project requires Commonwealth Government approvals or involvement
  3. The project has sufficient financial resources and is commercially viable

Further details on the Major Project Status can be found on the Australian Government Business website.

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