Highfield Resources has announced the signing of a non-binding offtake MOU with Ameropa, a Swiss-based agri-business, whereby Highfield will provide Ameropa up to 250 000 tpy of muriate of potash (MOP) from its Muga potash mine in Spain.
The product will be a combination of both standard and granular MOP, with Highfield having the option to increase to 300 000 tpy.
Following the receipt of its environmental permit in June 2019, Highfield is currently engaged in ongoing offtake discussions with wholesale customers, distributors and global traders for the full production capacity from the Muga mine.
Highfield Resources CEO, Peter Albert, said: “We are pleased to have signed this important offtake MOU, which is a further acknowledgement within the potash world that Highfield’s Muga mine will be an important contributor to both local European and global supply. This is an important first step in our commercialisation strategy and Ameropa brings extensive expertise and experience in the potash and fertilizer space.”
Read the article online at: https://www.worldfertilizer.com/potash/11092019/highfield-resources-signs-mou-with-ameropa-ag-for-offtake-from-muga-potash-mine/