Australian Potash Ltd has advised finalisation of the FEES study for the engineering, procurement and construction of Australia’s first high-penetration renewable power solution on a greenfield SOP minerals project development.
- Base case renewable power penetration rate of 53% with potential to rise to 87%.
- 50% reduction in carbon dioxide (CO2) emissions compared to DFS hydro-carbon power solution base case.
- 300% more carbon emissions produced from Mannheim (industrial) SOP production than the LSOP on an equivalent tons basis.
- LSOP positioned as the lowest CO2 emitting potash project development in Australia.
- International Organic Certification agencies assessing K-BriteTM application.
Managing Director and CEO, Matt Shackleton, commented: “Solar-SOP projects naturally sit at the lower end of the CO2 emissions curve by virtue of the natural evaporative process involved, and we challenged our project team to model a renewable power solution to maximise the LSOP’s long-term environmental sustainability.
“We are running competitive tendering processes for the eight packages of work defined to develop the LSOP, and bids have been received for the Power Station EPC package. This package was scoped to include renewable power generation, battery storage and an LNG backup reserve.
“Very pleasingly, these bids exceeded our design criteria both in terms of the rate of penetration of renewable power, and the impact that the renewable power solution has on reducing the LSOP’s carbon emissions. These are benefits that accrue to both our shareholders and the broader stakeholder and investment base.
“Solar-SOP production competes on a cost basis with the industrial Mannheim process, sitting at the lowest end of the global cost of production curve. The LSOP will produce SOP into that lowest quartile, and will also be one of the lowest carbon footprint potash projects globally.
“The company is pursuing organic certification for the suite of products to be produced at the LSOP, which will truly make the K-Brite branded SOP long term environmentally sustainable.”
Read the article online at: https://www.worldfertilizer.com/project-news/23092020/australian-potash-report-sustainable-renewable-power-solution/