https://www.miningweekly.com
PROJECT
PROJECT
project

Salt Lake secures more offtake for Lake Way

18th December 2019

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Potash developer Salt Lake Potash has inked a binding term sheet with chemical and fertilizer company HELM AG for 50 000 t/y of sulphate of potash (SOP) over a ten ytear period.

“It is an outstanding achievement for Salt Lake to secure such a world class partner in HELM for the sale and distribution of premium SOP product that will be produced at our Lake Way project,” said Salt Lake CEO Tony Swiericzuk.

“This brings our committed sales to 220 000 t/y, representing 90% of the total planned production from Lake Way. This is a key milestone for Salt Lake and supports our funding and development strategy for the Lake Way project.”

Salt Lake is developing the A$254-million Lake Way project, in Western Australia, which is expected to produce 245 000 t/y of SOP over a mine life of 20 years, based on the high grade probable ore reserve of 5.4-million tonnes SOP.

Edited by Creamer Media Reporter

Comments

Latest Multimedia

Showroom

SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)

Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

VISIT SHOWROOM 
Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.101 0.139s - 89pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: