Australian Potash gets offtake for Lake Wells

June 19, 2017

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ASX-listed Australian Potash has signed a memorandum of understanding (MoU) with China’s Hubei Agricultural Means of Production Group (Hubei-Agri) for the sale of up to 100 000 t/y of sulphate of potash (SoP) from the Lake Wells project, in Western Australia.

Under the terms of the MoU, Australian Potash will proportionally weigh sales between the Stage 1 and the full-scale production rate, allowing for the potential to capture a significant share of prevailing domestic Australian demand.

Category: General