logo-loader
Australian Potash Ltd

Australian Potash develops offtake channels as trial pond construction underway

Australian Potash Ltd (ASX:APC) managing director & CEO Matt Shackleton updates Proactive Investors on the potash developer's trial evaporation pond construction program underway at its Lake Wells Sulphate of Potash (SOP) Project in WA.
 
The project will include more than 10 square kilometres of on-playa evaporation ponds which will promote the precipitation of halite while increasing potassium and sulphate concentrations in the brine.
 
Shackleton says the company is also endeavouring to develop formal offtake relationships with Chinese fertiliser companies. 
 
He notes that Australia has a small potash market compared to the amount of SOP Lake Wells can produce, highlighting the importance of overseas offtake channels to get the project into development. 

Quick facts: Australian Potash Ltd

Price: $0.11

Market: ASX
Market Cap: $39.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Australian Potash Ltd named herein, including the promotion by the Company of Australian Potash Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Australian Potash concludes field programs as DFS nears completion

Australian Potash (ASX:APC) chief executive officer and managing director Matt Shackleton updates Proactive Investors on progress with a definitive feasibility study at the Lake Wells Sulphate of Potash Project. As part of this work field programs have recently been...

2 weeks, 6 days ago

2 min read