According to the statement, Hoadley will pursue placement of the anticipated sulfate of potash (SOP) production from the company’s Sevier Playa Project in southwestern Utah, US.
John Mansanti, Chief Executive Officer of Crystal Peak, said: “We are very pleased to welcome Doug Hoadley to our team. Having worked previously at CF Industries, CRU, and Mosaic, Doug brings a deep knowledge of fertilizer markets to our company. He will be a terrific addition as we seek offtake agreements and work to penetrate key fertilizer markets in support of project financing. With the project moving rapidly through permitting and towards construction, the timing couldn’t be better.”
Hoadley added: “I’m very happy to be joining Crystal Peak Minerals. I think the Sevier Playa project is one of the best greenfield fertilizer assets in the world and the company is well positioned to bring its products to markets. And, with the conclusion of permitting expected next year, I’m ready to find the right marketing partner.”
Regarding permitting, Crystal Peak claims that it is advancing the EIS permit process and anticipates that the Bureau of Land Management will issue Notice to Proceed in 4Q19 with a construction start date expected that same quarter. This compares to the 1Q19 construction start date that was contemplated in the NI 43-101 Technical Report summarising the feasibility study for the company’s Sevier Playa Potash Project. Allowing for a compressed construction schedule, the company still projects first production in 4Q22. In addition to this, Crystal Peak claims that it is carrying out on-going engineering efforts, which are designed to optimise and improve the project.
Read the article online at: https://www.worldfertilizer.com/potash/27072018/crystal-peak-retains-doug-hoadley-as-contract-director-of-marketing/