U.S. Lags in Mine Development; Senate Takes on Permitting Reform
November 08, 2024
S&P Global found that, on average, it takes 29 years for a U....
Katie Sweeney, general counsel to the National Mining Association, discussed in an interview on Tuesday the need for a more efficient permitting timeline for mining projects, noting that the “‘amount of time it takes to permit a facility has been a real deterrent to investment’ in the United States.”
Comparing the United States’ permitting process—which takes between five and 10 years—to countries such as Australia, Canada or Chile—where a permits can be attained in 18 months to three years—Sweeney notes that the our nation’s permitting process puts us at a competitive disadvantage.
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