Australia

Salt Lake Potash continues development of Lake Way project as it delivers interim results

Salt Lake Potash Limited (LON:SO4) (ASX:SO4) has said it is focused on “rapidly progressing” the development of its Lake Way project in Western Australia as it reported its half-year results.

Over the six months ended 31 December, the company said it had completed a bankable feasibility study for Lake Way which it said demonstrated “outstanding economic returns” for a 20 year sulphate of potash (SOP) operation production 245 kilotons per annum.

READ: Salt Lake Potash eyes production as it completes second stage pond construction

Salt Lake added that it has completed both the Stage 1 and Stage 2 evaporation pond networks, an area totalling 400 hectares, and that the project was on track to commence plant commissioning in December 2020 with first SOP sales in the March quaRead More – Source