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Matt Shackleton, Managing Director and CEO of Australian Potash Ltd (ASX: APC), briefs pro-active investors on the Potash Developer Evaporation Basin Construction Program for the Lake Wells Project (SOP) Sulphate of Potash) from WA.
The project will include more than 10 square kilometers of playa evaporation ponds, which will promote the precipitation of halite while increasing potbadium and sulfate concentrations in the brine.
Shackleton says the company is also striving to develop formal intake relationships with Chinese fertilizer manufacturers.
He noted that Australia has a small potash market in relation to the amount of SOP that Lake Wells can produce, highlighting the importance of overseas distribution channels for project development.
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