Potash

The agreed selling price in the contract is US$280/t CIFFO Indian ports, US$50/t above the previous contract.

One of the awards includes the initial earthworks contract, which has been awarded to WBHO Infrastructure.

The average grade of 4488 mg/L potassium (10.01kg/m3 SOP) is in line with the upper end of the previously reported Exploration Target, with a maiden Mineral Resource estimated to be delivered early next quarter.

The upgraded facility in Chaplin, Saskatchewan, Canada, is expected to be complete by the end of 2023 and will produce 150 000 tpy of sulfate of potash.

Salt Lake Potash has announced the commencement of process plant commissioning at its Lake Way Project near Wiluna, Western Australia.

The company has released its audited consolidated IFRS financial statements for 2020 and said it has launched three projects – construction of a calcium nitrate production facility and upgrading of the Ammonia-3 unit at its Novgorod site, and construction of a nitric acid unit at its Dorogobuzh site.

Bauer International FZE constructed approximately 112 000 m2 of cut-off wall over a length of 4.2 km on a dyke surrounding an earth basin used by the Arab Potash Company for carnallite production.

Western Resources's Chairman, Bill Xue, has said the company's primary focus is to raise the financing required to complete the remaining 15% of the Milestone potash project in Saskatchewan, Canada.

The company’s Chief Financial Officer, Andrey Maruta, has informed the Board of his intention to leave Kore Potash in order to accept a position at another company.

The potash fertilizer supplier said its 2021 guidance included an expected one-off gain from the contribution of assets to the REKS joint venture of around €200 million, which is set to be generated on closing of the transaction in the summer.

The drilling programme has confirmed the presence of an extensive palaeovalley system up to 5 km wide and 100 m deep, with evidence of multiple aquifers at varying depths.

Under the terms of the agreement, Uralkali will become the title sponsor of the team, which will change its name to Uralkali Haas F1 Team.

Sequoia and the Commonwealth Bank of Australia will invest US$39 million and US$25 million respectively into the facility, complimenting existing investments led and arranged by Taurus Mining Finance Fund No. 2 L.P (Taurus) and the Australian Government’s Clean Energy Finance Corp. (CEFC).

The study concludes that the Muga potash mine represents a significant positive socioeconomic potential for the local region.

The Goa plant of Zuari Agrochemicals is engaged in the manufacture, distribution, imports and sale of urea, DAP and various grades of NPK fertilizers, with a total installed capacity of 1.2 million tpy.