African Export-Import Bank and Africa Finance Corp. will act as the mandated lead arrangers.
K+S has been able to secure production through continuous optimisation of wastewater management as well as the use of existing possibilities for off-site disposal.
The company believes there is potential to increase the sylvinite deposits at Sintoukola to between 1.5 and 1.9 billion t.
More Potash news
Sirius Minerals Plc announces that its subsidiary York Potash Processing and Ports Ltd and McLaughlin & Harvey Ltd have entered into an engineering, procurement, and construction contract for the development of the Company's port handling facility at Teesside.
Danakali Limited provide a quarterly update on the activities and financial position of its Colluli Potash Project, located in Eritrea, East Africa.
Jacobs Engineering Group Inc. received an engineering, procurement, and construction (EPC) contract from Sirius Minerals PLC for its new materials handling facility (MHF) in Teesside, England.
The confirmation of DRA as preferred EPCM contractor for Colluli represents another critical milestone for the Project, reinforcing that Colluli is execution ready.