Investors on board with fertiliser projects

Sampling work continues by Agrimin Ltd on Lake Mackay in north-east WA but Salt Lake Potash Ltd has taken the lead in the race to be first to produce Sulphate of Potash fertiliser from brine with plans to build a pilot production plant at Lake Wells, 190 kilometres north-east of Laverton.
Sampling work continues by Agrimin Ltd on Lake Mackay in north-east WA but Salt Lake Potash Ltd has taken the lead in the race to be first to produce Sulphate of Potash fertiliser from brine with plans to build a pilot production plant at Lake Wells, 190 kilometres north-east of Laverton.

 

A SECOND private share placement within a month by Perth-based companies jockeying to be first to produce potassium fertiliser from remote WA salt lake brine, will help fund a pilot production plant.

On Thursday last week Salt Lake Potash Ltd announced it had completed the first tranche of a placement to raise $17.63 million to fund planning and initial construction of a $47.19m Sulphate of Potash (SoP) pilot plant in the northern Goldfields

http://www.farmweekly.com.au/news/agriculture/agribusiness/general-news/investors-on-board-with-fertiliser-projects/2755191.aspx

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