Australian Potash halted with offtake agreement news pending

Australian Potash Ltd (ASX:APC) has an announcement pending in regard to an offtake agreement and has been granted a trading halt by the ASX.

The trading halt will remain in place until the start of trading on Thursday, August 13, or when an announcement is released to the market, whichever occurs earliest.

Offtake deals

Australian Potash recently signed a long-form binding agreement with Mitsui & Co Ltd (TYO:8031) for the annual supply of 30,000 tonnes of premium K-Brite sulphate of potash (SOP) from its Lake Wells SOP Project (LSOP) in Western Australia.

This is the third agreement executed in the offtake program and covers the distribution of K-Brite through AsiRead More – Source