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Final environmental approval granted for Gunn's planned pulp mill

March 11 2011  The Federal Australia government has granted the final environmental approvals for the proposed Bell Bay pulp mill, to be built by Australian forestry company Gunns. A possible partner in the project is Södra.

The fully plantation timber-based mill now has all approvals necessary for construction and operation.Gunns Managing Director, Greg L’Estrange, said the successful approvals were a critical step in finalizing finance for the mill to begin construction. “It is confirmation that the mill’s design and operation must meet stringent environmental standards,” he said.“We will continue to work with the community on transparency, operational improvements and a comprehensive monitoring program that can provide greater and continuing confidence to the community on a balanced outcome of environmental, economic and social outcomes,” L'Estrange continued.Gunns is continuing a due diligence process with potential equity investors in the mill.

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