Fertilizer project news

Forecasted sulfate of potash production from Lake Way for FY22 has been reduced and the company will require further funding before the end of 2021 to continue operations.

The company has said an announcement is imminent regarding a substantial downgrade in production estimates for the year ending 30 June 2022 and a possible future fundraising.

The majority of the company's key creditors have agreed to extend payment deadlines, which will enable Western to focus on obtaining the investments necessary to secure project financing.

Binding commitments made in the Cultural Heritage Management Plan focus on the preservation of Aboriginal heritage and cultural values, and the consultative framework with Aboriginal and other stakeholders.

A drainable indicated mineral resource of 1.9 million t of sulfate of potash at 4985 mg/litre of potassium has been estimated based on the results of recent trench pump trials of the surficial aquifer resource.

If BHP's Jansen potash project in Saskatchewan, Canada, does proceed, the agreement requires Westshore to handle potash for BHP for a term to 2051, subject to extension.

KBR will provide licence, basic engineering design and proprietary equipment for two of Hailfa Group's process plants at Mishor Rotem.

In accordance with Angola’s National Mining Agency's Mining Code, Minbos Resources has marked out the corners of the Cabinda Phosphate Project licence area.

Initial accommodation units are on-site and in use at the Lake Wells project's village.

The company has received landowner and tenant permission for the second of two confirmatory drill holes at its Ohmgebirge potash project in the South Harz region of Germany.