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Construction starts at the Muga potash mine

Published by , Editorial Assistant
World Fertilizer,

Initial construction work starts at the Muga Mine after receiving the construction licence in Aragón with the investor call to be held on Thursday 30 June 2022 at 3:00pm AEST

Highfield Resources has announced that initial construction work at the Muga Mine has started after the Townhall of Undués de Lerda in Aragón issued the licence for the construction of the mine gate and the declines. The Company has signed a construction contract with Acciona Construcción S.A. for these initial works which cover:

  • Fencing of the plot
  • Installation of the above ground construction staff facilities
  • Clearing and stockpiling of topsoil
  • Excavation of the mine entrance
  • Formation of embankments
  • Stabilisation of the slopes with bolts and gunite (dry gun shotcrete).

Ignacio Salazar, CEO, commented: “We start construction at Muga with a great sense of responsibility towards our shareholders, our staff and collaborators, the banks, the community, the authorities and all stakeholders who have helped us to get to this pivotal point. We are receiving a significant endorsement from leading international banks in the financing process in this time of extreme geopolitical instability around potash supply, especially in Europe. We are working closely with the authorities and especially Navarra and Sangüesa to finalize the licensing there and will be reporting back to the market as we progress through construction.”

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