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ASX:APC
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Australian Potash plans follow-up drilling at Lake Wells Gold Project in FY22

Snapshot

  • Australian Potash’s premium SOP compound gains key US organic certification
  • Australian Potash has Cultural Heritage Management Plan approved for Lake Wells SOP Project
  • Australian Potash positioning itself in top-tier of sustainable energy mining projects in Australia
Australian Potash Ltd -

Quick facts: Australian Potash Ltd

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ASX:APC

Price: 0.1 AUD

Market Cap: $64.99 m

About the company

Australian Potash Ltd (ASX:APC) holds a 100% interest in the Lake Wells Sulphate of Potash, which is about 500 kilometres northeast of Kalgoorlie, in Western Australia's Eastern Goldfields.

The Lake Wells Sulphate of Potash Project will be a long life, low capital and high margin sulphate of potash (SOP) producer.

K-Brite is a registered trademark brand of the company, representing the premium SOP to be produced from Lake Wells.

How it is doing

15 Sep 2021

Australian Potash Ltd (ASX:APC)’s premium sulphate of potash (SOP) product has been cleared for use in organic production and food processing in the US under a key certification.

The company’s K-Brite™ compound, which provides all-important potassium for growing plants, secured the stamp of approval from the Organic Materials Review Institute (OMRI), an international non-profit that determines which input products can be used in organic production and processing.

With the certification in tow, K-Brite™ will appear on the OMRI Products List, a directory of more than 8,000 products that comply with the US Department of Agriculture’s National Organic Program standards.

The accreditation comes as global SOP prices continue to grow amid the agricultural market’s recovery and increased demand for premium potassic fertilisers.

07 Sep 2021

Australian Potash Ltd (ASX:APC) has engaged specialised power provider PWR Hybrid to build, own and operate a 35-megawatt hybrid renewable energy microgrid at its Lake Wells Sulphate of Potash Project (LSOP) in Western Australia.

The microgrid will integrate an innovative gas-fuelled power station with solar, wind and battery energy storage technology, and is expected to achieve a Renewable Energy Fraction (REF) of above 65%.

03 Aug 2021

Australian Potash Ltd (ASX:APC) has welcomed the latest drilling results from its 2021 drilling program at the Lake Wells Gold JV by joint venture partner St Barbara Ltd (ASX:SBM) (SBM), where a follow-up drill program to further understand the geographical scale of mineralisation has been planned.

Field crew and diamond drill rig mobilisation will take place in late Q1 FY22 with the program comprising up to 16 diamond drill holes for around 4,200 metres.

Insight: Australian Potash has Cultural Heritage Management Plan approved for Lake...

28 Jul 2021

Australian Potash Ltd (ASX:APC) (ASX:APC) has received the final key environmental permit required for the development of Lake Wells Sulphate of Potash Project (LSOP) in Western Australia.

The state’s Environmental Protection Authority (EPA) has approved the company’s Cultural Heritage Management Plan (CHMP).

What management says

08 Sep 2021

Australian Potash Ltd (ASX:APC)'s Matt Shackleton speaks to Proactive's Andrew Scott soon after engaging specialised power provider PWR Hybrid to build, own and operate a 35-megawatt hybrid renewable energy microgrid at its Lake Wells Sulphate of Potash Project in Western Australia. The microgrid will integrate an innovative gas-fuelled power station with solar, wind and battery energy storage technology, and is expected to achieve a Renewable Energy Fraction (REF) of above 65%.

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Australian Potash positioning itself in top-tier of sustainable energy...

Australian Potash Ltd (ASX:APC)'s Matt Shackleton speaks to Proactive's Andrew Scott soon after engaging specialised power provider PWR Hybrid to build, own and operate a 35-megawatt hybrid renewable energy microgrid at its Lake Wells Sulphate of Potash Project in Western Australia. The...

2 weeks, 4 days ago

4 min read