Lydian wins water right, but illegal blockades keep project in limbo

Canada’s Lydian International, which delisted from the TSX earlier this month, has been granted a water permit for its Amulsar project, in Armenia, but illegal blockades continue to prevent construction from resuming.

Lydian has been issued a permit to draw 11 ℓ/s from the Arpa river. The company had previously sought permission to draw water from the Arpa river on two prior occasions, with higher level flow rates (in excess of 40 ℓ/s) to support long-term operations, both of which were denied by the government.