Under the MoU the Port confirms the availability of sufficient port capacity for up to 700 000 tpy of muriate of potash and salt. Pasajes will facilitate the implementation of the requisite logistics infrastructure and services at port to attend to Highfield’s needs. The Port also commits to have all facilities for product handling and shipping operational from Muga’s Phase 1.
The Port of Pasajes, located under 150 km north, by road, of the Muga mine, is the closest port to the mine site, and is one of the largest commercial ports in the region. With excellent road and rail connections, it currently handles around 3 million tpy of dry bulk product.
Highfield Resources CEO, Ignacio Salazar, said: “The company is focused on making swift progress towards the construction of Muga and this MoU with the port of Pasajes is another step in that direction. The Port of Pasajes will be a key export terminal for Muga given its proximity to the mine and will be instrumental for Muga to be a low-cost potash project.”