Australia's Environment Protection Agency has given its approval to the environmental scoping document for Toro Energy's 100%-owned Wiluna Uranium Project, 30 kilometres southeast of Wiluna in Central Western Australia.
The company will next submit the environmental review and management program. The document should be ready for public display by the second quarter of 2011.
The Managing Director of Toro Energy, Greg Hall hopes to move to production phase in 2013 at the Wiluna Uranium Project. Mr Hall said that he had been talking to future potential customers and power generation companies about the offtake of uranium. He had found that there is interest in having the uranium available from Australia from that period onwards in the industry.
With approvals of the government and the Toro Energy board still being sought, the mining company is not able to reach its initial target of starting production in 2012. The government approvals and assessment of infrastructure options has taken longer than expected.
The company is hoping to commence by 2013 which is the same time when Canadian company Mega Uranium Ltd is aiming to commence production at its Lake Maitland uranium project nearby.
Toro Energy is based in Adelaide, South Australia with a project office in Perth, Western Australia. Toro has three other exploration and development projects in Western Australia, and owns uranium assets in Northern Territory, South Australia and in Namibia, Africa.