Fertilizer project news

The company has increased the project’s planned capital investments for 2021 and 2022 from US$60 million to US$222 million.

Kalium Lakes has provided a commissioning update for its Beyondie SOP Project.

The company has said that more than 113 000 t of contained sulfate of potash had been pumped from the Beyondie project as at end July 2021.

Under the MoU the Port confirms the availability of sufficient port capacity for up to 700 000 tpy of muriate of potash and salt.

Excavation of the 23 mile conveyor tunnel from Teesside, UK, to the polyhalite fertilizer mine at Whitby has reached just over 9 miles.

AmmPower will deliver its green ammonia technology to create clean fuel for Porto Central and help produce fertilizer for the agriculture and farming industries in Brazil.

Kima Co. has said that Maire Tecnimont will provide the necessary funding from international bodies and institutions to implement the project, which is expected to take about 24 months.

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.