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Lake Disappointment SOP project awarded Major Project Status

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World Fertilizer,

Reward Minerals has announced that the Australian Minister for Industry, Science and Technology, Christian Porter MP, in conjunction with the Minister for Resources, Water and Northern Australia, Keith Pitt MP, has confirmed that Commonwealth Government Major Project Status has been awarded to the company’s Lake Disappointment sulfate of potash (SOP) project in Western Australia.

“The Lake Disappointment project will strengthen the security of Australia’s agriculture sector and support the Government’s Ag2030 agenda to boost Australia’s agricultural production to AUS$100 billion a year by 2030,” Minister Porter said.

Minister Pitt said “importantly, the project will create new opportunities to export potash, and is in an ideal location to supply growing markets in Southeast Asia, India and potentially East Africa. The project will also provide employment opportunities and royalties to the Martu Traditional Owners.”

“This is an important milestone for Reward’s Lake Disappointment SOP Project, coming at a time when the company is actively seeking a strategic partner” said the company’s CEO Greg Cochran. He added “we are proud to join the select group of projects with this recognition and wish to thank the Agency for its thorough and professional approach throughout the assessment process.”

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