The contract has been awarded to G&S Engineering Services Pty Ltd (G&S), a wholly owned subsidiary of DRA Global Ltd (DRA).
Enhancements made to the planned design of the process plant and mine have increased the Muga project's net present value and internal rate of return to €1.97 billion and 25% respectively.
The increased curtailment is based on increasing inventories as a result of a short-term slowdown in global potash markets and increased risks of a delay in Chinese contract settlement.
The results from the drilling have led to the decision to drill another hole between the company's Muga project and the Vipasca permit area.
Transhipment Services Australia has been appointed to develop a cost-effective and fit-for-purpose shiploading solution which will be fully integrated with Agrimin’s planned Wyndham Port Facility.
The Wyndham Port Facility will comprise key infrastructure for the large-scale export of chloride-free potash products from the Mackay potash project in Western Australia.