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Australian Potash CEO hails third offtake deal for its K-Brite sulphate of potash product

Australian Potash Ltd's (ASX:APC) Matt Shackleton tells Proactive's Andrew Scott they've signed a long-form binding agreement with Mitsui & Co Ltd (TYO:8031) (Asia Pacific) for the annual supply of 30,000 tonnes of premium K-Brite sulphate of potash (SOP) from its Lake Wells SOP Project (LSOP) in Western Australia. Australian Potash now has agreements in place with Redoxi, Migaoii and Mitsui, totalling two-thirds of total annual expected production of 150,000 tonnes.

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ASX:APC
Market: ASX
Market Cap: $96.19 m
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Australian Potash welcomes fifth SOP offtake for Lake Wells

Australian Potash Ltd's (ASX:APC) Matt Shackleton speaks to Proactive after signing its fifth offtake agreement which takes total offtake secured from the Lake Wells Sulphate of Potash Project to 100% of the 150,000 tonnes annual output outlined in the definitive feasibility study. The agreement...

on 23/11/20

2 min read