Patricia Reid
Non Executive Director; Chair - Audit & Risk Committee, Member - Stakeholder Relations Committee at Tellus Holdings Pty Ltd - , ,
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Sydney,New South Wales,Australia
Tellus Holdings Pty Ltd
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Tellus is an innovative environmental services company cleaning up hazardous waste across Australia by developing and operating geological repositories, which are the safest places for such waste, and reinvesting in its communities through the circular economy.Its first geological repository, Sandy Ridge, is located north of Kalgoorlie in WA and is Australia's first commercial geological repository. It opened in early 2021 and is licensed to accept Class IV and Class V hazardous waste in nearly any form (liquid, sludge, solid) and typically without treatment, up to 100,000 tonnes per annum for the next 25 years. Unlike a traditional waste landfill that relies on a liner, Sandy Ridge relies on a multi-barrier, natural safety case, underpinned by unique geology.A key feature of the Tellus solution is the fact that Tellus takes risk and title to hazardous waste and thereby facilitates the removal of remediation liabilities from a client's balance sheet. This is affected by the issuance of a ‘Tellus Permanent Isolation Certificate (PIC TM )'. Tellus' world class safety case is backed by hundreds of millions of dollars in assurance and insurance, meaning these companies are assured of no future liability.Other sites around Australia are also being considered for development by Tellus, including a site in the Broken Hill region in NSW, and a site in the Northern Territory.Learn more on our website: https://tellusholdings.com