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Wednesday, December 18, 2019 - 11:31:20 AM
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Mining News Pro - Potash developer Salt Lake Potash has inked a binding term sheet with chemical and fertilizer company HELM AG for 50 000 t/y of sulphate of potash (SOP) over a ten ytear period.
According to Mining News Pro - “This brings our committed sales to 220 000 t/y, representing 90% of the total planned production from Lake Way. This is a key milestone for Salt Lake and supports our funding and development strategy for the Lake Way project.”
Salt Lake is developing the A$254-million Lake Way project, in Western Australia, which is expected to produce 245 000 t/y of SOP over a mine life of 20 years, based on the high grade probable ore reserve of 5.4-million tonnes SOP.
Short Link:
https://www.miningnews.ir/En/News/459987
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