The company sold 87 500 t of its multinutrient potassium fertilizer, marketed and sold in Brazil under the brand K Forte and internationally as Super Greensand, in 3Q19.
The company increased revenues for 3Q19 by 8% to €905 million.
The Northern Australia Facility loan from the government of Western Australia will assist in developing infrastructure for the company's sulfate of potash project at Beyondie.
More Potash news
Western Potash Corp., a wholly-owned subsidiary of Western Resources Corp., has completed the Phase I production drilling programme at its potash mine in Saskatchewan, Canada.
The mineral resource estimate now stands at 537 million t of potash with an average grade of 9.24% K2O.
The order book was twice oversubscribed, with the offering generating strong demand from global institutional investors, including from the US, UK and Continental Europe.