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Lake Wells Potash Project 'sets Australian Potash apart'

Australian Potash Ltd (ASX:APC) executive chairman Matt Shackleton speaks to Proactive Investors about the company's formative and flagship Lake Wells Potash Project, located near Laverton in Western Australia, for which mining leases have recently been granted.

A Definitive Feasibility Study (DFS) on the project is well underway, with samples of Sulphate of Potash (SOP) due to be produced before the end of the year.

In addition to signing a Memorandum of Understanding (MOU) with neighbouring Salt Lake Potash Limited (ASX:SO4) (AIM:SO4) to study the benefits of cost sharing to develop the area, Australian Potash is set to benefit from A$35 million of Federal and State funding for the upgrade of a 100 kilometre section of the Great Central Road between Lake Wells and Laverton.

Quick facts: Australian Potash Ltd

Price: 0.097 AUD

ASX:APC
Market: ASX
Market Cap: $34.68 m
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Australian Potash announces DFS findings for Lake Wells Sulphate of Potash...

Australian Potash Limited (ASX:APC) chief executive officer and managing director Matt Shackleton updates Proactive Investors on the findings of a DFS for the development of its 100%-owned Lake Wells Sulphate of Potash Project in WA. “Our premium high-grade Sulphate of Potash project will be...

on 28/8/19

2 min read